1099 Gordon Avenue, Greater Sudbury, Ontario P3A 2V5
$799,999.00
- 7 bedrooms
- 3 bathrooms
Whether you’re ready to unleash your inner real estate mogul or live virtually mortgage-free, this fully legal triplex is the ultimate financial shortcut! Featuring a spacious 3-bed main unit, a cozy 2-bed basement apartment, AND a slick 2-bed detached garden suite, this setup is practically printing money with a potential $7,000/month in rent and a jaw-dropping ~9% cap rate. Both the main and basement units are freshly renovated—new kitchens, new bathrooms... new everything! They sit vacant and ready for you to pick your own top-tier tenants at current market rates, while the detached garden suite (built just over two years ago) is already ... read more
Whether you’re ready to unleash your inner real estate mogul or live virtually mortgage-free, this fully legal triplex is the ultimate financial shortcut! Featuring a spacious 3-bed main unit, a cozy 2-bed basement apartment, AND a slick 2-bed detached garden suite, this setup is practically printing money with a potential $7,000/month in rent and a jaw-dropping ~9% cap rate. Both the main and basement units are freshly renovated—new kitchens, new bathrooms... new everything! They sit vacant and ready for you to pick your own top-tier tenants at current market rates, while the detached garden suite (built just over two years ago) is already generating steady income at $1,900/month plus utilities. Live-in Landlords: move into the main unit and let the other two pay your entire mortgage (and your grocery bills, too!). Investors: separate hydro meters and a separate gas meter for the garden suite mean fewer utility headaches and more pure cash flow. Best of all, you’re situated in a prime Sudbury hotspot right across from the CRA office—because if there’s one place where reliable employment lives, it’s the tax office! Close to schools, shopping, and local eats, tenant demand here is built-in. Properties that cash-flow this solid don’t wait around. Grab your agent, book a tour, and let your property do the heavy lifting for once! (id:25417)
- Listing ID: 2129803
- Property Type: Single Family
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | Under 1/2 Acre |
| Parking: | Gravel |
| Building | |
|---|---|
| Type: | Single Family House |
| HVAC: | Air Exchanger, Central Air Conditioning, Fireplace, Forced Air and Hot Water |
| Basement: | Full |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| City: | Greater Sudbury |
| Province: | Ontario |
| Rooms | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 14 x 11.8 |
| Living room | Main level | 14 x 14 |
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