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Renanza Realty
For sale

523-529 Regent Street

Sudbury, Ontario

MLS® 2131156

$1,200,000

Status
Active
Property type
Multi-family
MLS® number
2131156
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

Great investment opportunity at 523 & 529 Regent Street. These two buildings offer a total of 6 rental units with a great mix of unit sizes, steady rental income and low operating expenses. 523 Regent Street features two units, including a 3-bedroom upper unit and a 2-bedroom lower unit.

Next door, 529 Regent Street offers four units consisting of one 3-bedroom, two 2-bedroom and one 1-bedroom unit. The 3-bedroom unit has recently been upgraded and is currently vacant, giving buyers the option to move in or choose their own tenants. Both buildings feature newer roofs, and the properties offer a combined 7 parking spaces.

Conveniently located on a direct bus route to Laurentian University, within walking distance to downtown and close to many amenities, these buildings are situated in a great rental area. Whether you're looking to expand your investment portfolio or get started in the rental market, this is an opportunity worth considering.

Property summary

MLS® number
2131156
Property type
Multi-family
Title
Freehold
Parking
Gravel
Days on market
3 days

Features & details

Heating
Baseboard heaters
Basement
Full
Flooring
Laminate, Vinyl
Exterior features
Brick, Vinyl siding

What would this home cost you?

Based on the $1,200,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$5,583 /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 CROWN REALTY INC. (SUDBURY), 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.