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17/19 Fairview Avenue
Sudbury Ontario P3B2N1 Canada

$349,900

Active Listing ID 2121089
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6 bed
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3.00 Bath
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Single Family

$349,900

Active Listing ID 2121089
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17/19 Fairview Avenue 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! (id:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Exterior Finish: Stucco, Other
  • Floor Covering: Other, Vinyl
  • Roof Type: Asphalt shingle, Other, Unknown
  • Heating Systems: Forced air
  • Additional Features
  • Basement
Listing Changed: 4/30/2025 10:50:54 PM GMT
Source Updated Date: 5/12/2025 11:09:44 PM GMT

Courtesy of: JEDD SMITH, Salesperson, ROYAL LEPAGE REALTY TEAM BROKERAGE