2694 Highway 69n Val Caron, Ontario P3N 1E3
$575,000
Turn-Key Investment with Over 7% Cap Rate & Future Potential! An investor’s dream! This centrally located triplex offers strong cash flow with a gross income of $56,000, making it a smart addition to any portfolio. Featuring two spacious 2-bedroom units and one large 3-bedroom unit, this property attracts quality tenants looking for comfort and convenience. With ample parking and the added bonus of possible future development at the rear of the property, this is an opportunity with room to grow. Located just 10 minutes from New Sudbury, tenants will appreciate easy access to shopping, dining, and key amenities, ensuring continued demand. A solid, low-maintenance investment with strong returns—don’t miss your chance to secure this income-generating property! (id:47351)
Property Details
| MLS® Number | 2121227 |
| Property Type | Multi-family |
| Equipment Type | Unknown |
| Rental Equipment Type | Unknown |
| Road Type | Paved Road |
| Storage Type | Storage In Basement |
Building
| Basement Type | Full |
| Exterior Finish | Stucco |
| Flooring Type | Tile, Vinyl |
| Foundation Type | Concrete |
| Heating Type | Boiler |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Utility Water | Municipal Water |
Parking
| Gravel |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R3(83) |
https://www.realtor.ca/real-estate/28043727/2694-highway-69n-val-caron
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March 19 2025 05:44:42
Sudbury Real Estate Board
Exp Realty, Brokerage