$819,000

392 St George Street, Sudbury, Ontario, P3B 2L6

MLS® # 2125681

Sudbury ON, P3B 2L6

MLS® # 2125681

Property Information:

A solid fourplex investment opportunity. CAP RATE 6.54 %. offering a diverse and desirable unit mix. This income-producing property features one 3-bedroom unit, two 2-bedroom units, and one 1-bedroom unit, each with one dedicated parking space. The building is ideal for investors seeking stable rental income or owner-occupiers looking to offset expenses with rental revenue. Additional highlights include a detached garage, perfect for storage or potential added value. This property presents excellent long-term investment potential. Schedule your showing today. (id:27)

Building Features:

Style: Multiplex
Basement Type: Full
Exterior Finish: Vinyl
Flooring Type: Laminate, Vinyl
Foundation Type: Concrete
Roof Material: Asphalt shingle
Roof Style: Unknown
Heating Type: Forced air

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Access Type: Year-round access
Road Type: Paved road
Zoning: R2-3
Sewer: Municipal sewage system
Parking Type: Garage

Courtesy of: RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)

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⚠ Potential Investment Performance

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Market Price Trends

Location of 392 St George Street, Sudbury, Ontario, P3B 2L6

Lifestyle
Neighbourhood

Demographic Information of 392 St George Street, Sudbury, Ontario, P3B 2L6

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$69,745.92

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

28.57 %

High school certificate or equivalent

29.09 %

Apprenticeship trade certificate/diploma

5.95 %

College/non-university certificate

25.74 %

University certificate (below bachelor)

0.74 %

University Degree

9.92 %

Commuter

Travel To Work

By Car

81.2 %

By Public Transit

10.77 %

By Walking

0.72 %

By Bicycle

0.12 %

By Other Methods

7.19 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

52.33 %

Houses

47.67 %

Own Vs. Rent