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$349,900
17/19 Fairview Avenue
Sudbury, Ontario, Ontario, P3B2N1
MLS® Number: 2121089
Property description
Prime Investment Opportunity – An exceptional multi-unit investment property in the heart of Sudbury, offering strong income potential and flexibility. Currently operating at an approximate 8.8% cap rate, this well-maintained property provides excellent returns with stable rental income. It features three separate units, each with its own private entrance for tenant convenience and privacy. The main unit is a spacious 3-bedroom, 1-bathroom, rented at $1,640.03/month; the upper 2-bedroom unit, newly renovated, is rented at $1,300/month; and the upper 1-bedroom unit is rented at $755.98/month. This versatile property allows for multiple investment strategies, whether you continue as a fully leased income property or choose to owner-occupy in the future while tenants offset your mortgage. Centrally located, it is close to amenities, transit, and essential services, ensuring strong tenant demand. Don't miss this fantastic investment opportunity—schedule your showing today!
Building information
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Land information
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Courtesy of ROYAL LEPAGE REALTY TEAM BROKERAGE
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