ON > Greater Sudbury > Rayside-Balfour
Greater Sudbury, ON P0M 1L0,53 Main ST E
Greater Sudbury, ON P0M 1L0,53 Main ST E
Greater Sudbury, ON P0M 1L0,53 Main ST E
Greater Sudbury, ON P0M 1L0,53 Main ST E
Greater Sudbury, ON P0M 1L0,53 Main ST E
Greater Sudbury, ON P0M 1L0,53 Main ST E
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Shariq Qureshi

Shariq Qureshi

+1(647) 926-6444
$ 399,900
Est. payment | /mo

5 Beds

3 Baths

Save
$ 399,900
Est. payment | /mo
Save

5 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft < 700

Subdivision Rayside-Balfour

MLS Listing ID X12076787

Style 2-Storey

Bedrooms 5

Building Age 51-99

Annual Tax Amount $3,530

Tax Year 2024

Property Sub-Type Triplex

Property Description

Attention investors! Discover this cash-flowing triplex offering a standout opportunity with $47,522 in annual income and a solid net operating income of $32,743. Featuring two 2-bedroom units and one 1-bedroom unit, the property is separately metered for hydro, with two of the three tenants paying their own utilities. Recent upgrades include all-new windows, an efficient natural gas furnace, and a 2019 roof replacement on most sections of the property (with just one section remaining). Financials are available upon request. Unit 3 is currently tenanted but offers excellent value-add potential with some updates needed, giving investors the chance to increase returns even further. Located in a quiet town just a short drive from Sudbury, this triplex offers convenient access to schools, parks, shopping, and public transit. A rare chance to secure a cash-flowing asset in a desirable location - don't miss out!

Location

State ON

County Greater Sudbury

Community Rayside-Balfour

Area Greater Sudbury

Rooms

Family Room Yes

Basement Crawl Space

Kitchen 3

Interior

Interior Features Water Meter, Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Mutual

Pool None

Roof Type Asphalt Shingle

Lot Frontage 50.0

Lot Depth 99.5

Total Parking Spaces 3

Building

Foundation Concrete

Listed by EXP REALTY
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 926-6444

shariq.qureshi@sothebysrealty.ca

#200-125 Lakeshore Road E, Oakville, ON, L6J 1H3, CAN

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53 Main ST E