Attention investors - this is the kind of asset you hold long term.Fully renovated and strategically updated, this turn-key triplex sits in a high-demand rental pocket and delivers immediate income with two of the three units already tenanted. Each unit is self-contained with its own private entrance and separate hydro meter - clean, simple, and ideal for strong tenant management and consistent cash flow.Extensive renovations have been completed throughout the property.Unit 3 (Basement) was fully gutted and reimagined. Upgraded vinyl flooring, new doors, trim, and baseboards, a completely renovated kitchen with modern cabinetry and countertops, and a refreshed bathroom with new vanity and tiled shower. The spacious layout was intelligently converted from a 1+den into a true 3-bedroom unit, significantly increasing rental potential. Additional upgrades include a new exterior steel door, new fridge and stove, upgraded electrical with pot lights, and plumbing improvements.Unit 2 features a new washer and dryer, new fridge, tile work, fresh caulking, and updated door trim. Unit 1 has been refreshed with a new tiled kitchen backsplash, paint touch-ups, and updated receptacle covers.Building-wide improvements include rewiring of the electrical panel, full clean-up and debris removal, plus major capital upgrades: high-efficiency gas furnace (2019), new hot water heater and exterior door for Unit 1 (2020), new laminate flooring in Units 1 & 3 and interior doors in Unit 3 (2021), additional kitchen and bath upgrades in Unit 3, laminate flooring and doors in Unit 2, and new windows and roof (2022). Ample rear-lane parking adds further value, with potential for a fourth unit (subject to City approval) creating future upside.Walking distance to shopping, schools, parks, libraries, and transit - exactly what renters look for.This is a clean, upgraded, income-producing property in a proven rental area. Opportunities like this don't sit around. (id:13843)
| MLS # | X12859344 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 237 |
| Listing Provided By | RE/MAX PREMIER INC. | MARK HARRIS |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,100 |
| Basement | Y |
| Story(s) | 2 |
| Cooling | None |
|---|---|
| Heating | Baseboard heaters, Electric |
| Appliances | All, Washer, Dryer, Window Coverings |
| Fireplace Yes / No | No |
| Foundation Details | Block, Poured Concrete |
|---|
| Parking Features | No Garage |
|---|---|
| Parking Total | 6 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 3397.95 |
|---|
| Province | ON |
|---|---|
| City | Greater Sudbury (Sudbury) |
| Postal Code | P3C4H6 |
| Listing VS Median (in P3C4H6) | |
Price: $515,000 low | high Med: $515,000 sqft: 1,100 low | high Med: 1,100 $ / sqft: $468 low | high Med: $468 On site: 237 low | high Med: 237 | |
| Province | ON |
|---|---|
| City | Greater Sudbury (Sudbury) |
| Postal Code | P3C4H6 |
| Listing VS Median (in P3C4H6) | |
Price: $515,000 low | high Med: $515,000 sqft: 1,100 low | high Med: 1,100 $ / sqft: $468 low | high Med: $468 On site: 237 low | high Med: 237 | |