365 Ontario Street Sudbury, Ontario P3E 4K3



Welcome to 365 Ontario Street in Sudbury! This fantastic opportunity is perfect for the savvy investor or the first-time home-buyer who wants a tenant to help pay the mortgage and expenses. With two 2-bedroom units, each with their own hydro meters & hot water tanks, you can rest assured this property will keep your overhead costs down. The lower 2 bedroom unit is presently owner occupied (potential of $1700.00/mth once renovated) and includes the full basement with a second bathroom already roughed in! The present owner is willing to stay on as a tenant or can provide vacant possession on closing. The Upper unit is currently rented for $600.00 + Hydro + HWT rental (potential of $1400.00/mth once renovated). The upper unit tenant ""MUST"" be assumed by the new owner! There is some cosmetic work to be done and is a perfect opportunity for the handy-man/woman!! There is also a detached double garage when fixed up could provide an additional third revenue stream of between $300.00-$500.00/mth or it can be used to attractive tenants who need a place to storing their toys or vehicles. This property is located in a popular Sudbury rental area and provides plenty of income potential to make a solid return on your investment!!! Won't last long!!! Book your showing today!! 24 hours notice required... (id:46568)

Property Details

MLS® Number 2110413
Property Type Multi-family
Community Name Sudbury
Amenities Near By Playground, Public Transit, Schools
Equipment Type Rental Stove - Electric, Rental Stove - Gas
Rental Equipment Type Rental Stove - Electric, Rental Stove - Gas
Storage Type Outside Storage, Storage In Basement


Basement Type Full
Exterior Finish Vinyl, Vinyl Siding
Fire Protection Smoke Detectors
Flooring Type Laminate, Linoleum, Other, Carpeted
Foundation Type Block, Concrete
Heating Type Boiler
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 2
Utility Water Municipal Water


Detached Garage


Access Type Year-round Access
Acreage No
Land Amenities Playground, Public Transit, Schools
Sewer Municipal Sewage System
Size Total Text 0-4,050 Sqft
Zoning Description R2-3



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