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Renanza Realty
For sale

365 BESSIE AVENUE

Greater Sudbury (Sudbury), Ontario

MLS® X12859344

$515,000

Status
Active
Property type
Multi-family
MLS® number
X12859344
Bedrooms
8
Bathrooms
3
Year built

Listing description

Attention investors - this is the kind of asset you hold long term. Fully renovated and strategically updated, this turn-key triplex sits in a high-demand rental pocket and delivers immediate income with two of the three units already tenanted. Each unit is self-contained with its own private entrance and separate hydro meter - clean, simple, and ideal for strong tenant management and consistent cash flow.

Extensive renovations have been completed throughout the property. Unit 3 (Basement) was fully gutted and reimagined. Upgraded vinyl flooring, new doors, trim, and baseboards, a completely renovated kitchen with modern cabinetry and countertops, and a refreshed bathroom with new vanity and tiled shower.

The spacious layout was intelligently converted from a 1+den into a true 3-bedroom unit, significantly increasing rental potential. Additional upgrades include a new exterior steel door, new fridge and stove, upgraded electrical with pot lights, and plumbing improvements. Unit 2 features a new washer and dryer, new fridge, tile work, fresh caulking, and updated door trim.

Unit 1 has been refreshed with a new tiled kitchen backsplash, paint touch-ups, and updated receptacle covers. Building-wide improvements include rewiring of the electrical panel, full clean-up and debris removal, plus major capital upgrades: high-efficiency gas furnace (2019), new hot water heater and exterior door for Unit 1 (2020), new laminate flooring in Units 1 & 3 and interior doors in Unit 3 (2021), additional kitchen and bath upgrades in Unit 3, laminate flooring and doors in Unit 2, and new windows and roof (2022). Ample rear-lane parking adds further value, with potential for a fourth unit (subject to City approval) creating future upside.

Walking distance to shopping, schools, parks, libraries, and transit - exactly what renters look for. This is a clean, upgraded, income-producing property in a proven rental area. Opportunities like this don't sit around.

Property summary

MLS® number
X12859344
Property type
Multi-family
Building type
Triplex
Land size
32.9 x 119.7 FT
Annual property taxes
$3,397.95
Parking
6 spaces · No Garage
Days on market
171 days

Features & details

Heating
Baseboard heaters, Electric
Cooling
None
Basement
Finished, N/A
Appliances
All, Washer, Dryer, Window Coverings
Exterior features
Brick

What would this home cost you?

Based on the $515,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,396 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX PREMIER INC., VAUGHAN.

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.