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Renanza Realty
For sale

48 Gutcher Avenue

Sudbury, Ontario

MLS® 2130424

$499,900

Status
Active
Property type
Multi-family
MLS® number
2130424
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

Looking to get into the market while having rental income help with your monthly expenses? This versatile 2-unit property could be exactly what you've been waiting for. Offering 2 bedrooms in each unit, modern kitchens, comfortable living areas & a layout that works beautifully for both owner-occupied & investors, this home delivers flexibility, income potential & convenience all in one.

Both units feature kitchens that open directly into the living space, creating an inviting, open-concept feel that makes each unit bright & easy to enjoy. The lower 2-bedroom unit is currently vacant, giving a first-time buyer an incredible opportunity to move in right away & start building equity while having the upper tenant help offset the mortgage. The upper unit is already generating $1,500 per month, all inclusive, providing immediate rental income without having to search for a tenant before you get started.

Investors will appreciate the established income, 2 separate living spaces & strong rental potential, while buyers looking for a multi-generational setup will love the ability to keep family close while still enjoying separate, private spaces. Located close to schools, parks, a public swimming pool, shopping, public transit & all amenities, makes this a convenient spot for tenants & homeowners alike. Whether it's getting the kids to school, grabbing groceries, heading to work, or enjoying nearby recreation, everything you need is within easy reach.

Whether you're a first-time buyer looking for a creative way to enter the market, an investor searching for your next income property, or someone who simply loves the flexibility of having two self-contained living spaces, this property deserves a look. Schedule your private tour today!

Property summary

MLS® number
2130424
Property type
Multi-family
Title
Freehold
Land size
122
Parking
Gravel
Days on market
5 days

Features & details

Heating
In Floor Heating, Boiler
Basement
Full
Exterior features
Wood, Vinyl siding

What would this home cost you?

Based on the $499,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,326 /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 REAL BROKER ONTARIO LTD, 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.