1099 Gordon Avenue
Sudbury, Ontario
MLS® 2129804
$799,999
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 2129804
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 34Listing description
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!
Property summary
- MLS® number
- 2129804
- Property type
- Multi-family
- Title
- Freehold
- Land size
- 129.08
- Parking
- Gravel
- Days on market
- 34 days
Features & details
- Heating
- Forced air, In Floor Heating
- Cooling
- Central air conditioning, Air exchanger
- Basement
- Full
- Flooring
- Vinyl
What would this home cost you?
Based on the $799,999 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RED AND WHITE REALTY INC. BROKERAGE, Sudbury.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.