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Rare 5-unit investment opportunity in a prime New Sudbury neighbourhood! This unique property features a triplex with an in-law suite plus a completely separate 1-bedroom standalone home on the same lot, offering a total of 5 units. The main building consists of one 2-bedroom unit and three 1-bedroom units, while the detached home provides an additional 1-bedroom living space. The unique configuration offers exceptional flexibility for investors or owner-occupiers, with the option to live in the standalone home while generating rental income from the other four units, or rent all five units as an income-producing investment. There is plenty of potential to increase rental income over time through improved rents and continued management of the property. The detached home is particularly appealing to tenants looking for the privacy and independence of their own house without the typically higher cost of a standalone property. For those looking toward the future, the standalone home's location on the lot may also present potential for redevelopment or the addition of further multifamily housing, subject to municipal approvals, zoning, severance requirements and other applicable regulations. Buyers are encouraged to conduct their own due diligence with the City regarding any proposed redevelopment. The current owner has completed substantial upkeep and maintenance over the years, making this a rare opportunity to acquire a versatile multi-unit property with multiple income streams and significant potential for future value-add opportunities. (id:5764)

2129947 MLS® #

Rare 5-unit investment opportunity in a prime New Sudbury neighbourhood! This unique property features a triplex with an in-law suite plus a completely separate 1-bedroom standalone home on the same lot, offering a total of 5 units. The main building consists of one 2-bedroom unit and three 1-bedroom units, while the detached home provides an additional 1-bedroom living space. The unique configuration offers exceptional flexibility for investors or owner-occupiers, with the option to live in the standalone home while generating rental income from the other four units, or rent all five units as an income-producing investment. There is plenty of potential to increase rental income over time through improved rents and continued management of the property. The detached home is particularly appealing to tenants looking for the privacy and independence of their own house without the typically higher cost of a standalone property. For those looking toward the future, the standalone home's location on the lot may also present potential for redevelopment or the addition of further multifamily housing, subject to municipal approvals, zoning, severance requirements and other applicable regulations. Buyers are encouraged to conduct their own due diligence with the City regarding any proposed redevelopment. The current owner has completed substantial upkeep and maintenance over the years, making this a rare opportunity to acquire a versatile multi-unit property with multiple income streams and significant potential for future value-add opportunities. (id:5764)

1273 & 1277 Will Street, Greater Sudbury

Listing courtesy of RE/MAX SUDBURY INC., BROKERAGE.

Charming 4 bedroom bungalow nestled away on a remarkable 93 x 132' lot in preferred neighborhood in New Sudbury. This bright, move-in-ready home is tastefully decorated with mostly laminate throughout the main level, gorgeous modern white kitchen with patio doors to oversized deck overlooking the flat private park-like setting. Finished basement with full bathroom offers a gorgeous tiled shower. This property offers the kind of outdoor space and flexibility that doesn't exist in most city properties today- perfect for your future detached garage with lots of parking for trailers and recreational vehicles or maybe you just want room to breathe. Nice to show! (id:5764)

4 Beds ⋅ 2 Baths ⋅ 2129893 MLS® #

Charming 4 bedroom bungalow nestled away on a remarkable 93 x 132' lot in preferred neighborhood in New Sudbury. This bright, move-in-ready home is tastefully decorated with mostly laminate throughout the main level, gorgeous modern white kitchen with patio doors to oversized deck overlooking the flat private park-like setting. Finished basement with full bathroom offers a gorgeous tiled shower. This property offers the kind of outdoor space and flexibility that doesn't exist in most city properties today- perfect for your future detached garage with lots of parking for trailers and recreational vehicles or maybe you just want room to breathe. Nice to show! (id:5764)

1251 Will Street, Greater Sudbury

Listing courtesy of EXP REALTY, BROKERAGE (MAIN).