24 Fairview Avenue
Sudbury, Ontario
MLS® 2129311
$499,999
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 2129311
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 11Listing description
Unlock premium investment potential with this exceptional, low-maintenance fourplex featuring four unique 1-bedroom loft-style units that command high demand. Each unit boasts architectural character with cottage-style beam ceilings, a spacious 6’ x 12’ private balcony, and the comfort of gas fireplaces, all supported by durable steel beam construction. Tenants enjoy the ultimate convenience of secure, under-building parking with individual plug-ins, contributing to an impressive track record of near-zero vacancy.
While currently operated as an ""all-in"" model, the building is already fully equipped with separate gas and electric meters, offering an immediate, turnkey opportunity for a new owner to transition to tenant-paid utilities and significantly boost the property’s cap rate. Shingles were just updated in 2023!
Property summary
- MLS® number
- 2129311
- Property type
- Multi-family
- Title
- Freehold
- Land size
- IRR
- Parking
- Covered, Visitor Parking
- Days on market
- 59 days
Features & details
- Heating
- Baseboard heaters, Other
- Basement
- None
- Exterior features
- Vinyl siding
What would this home cost you?
Based on the $499,999 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 ROYAL LEPAGE REALTY TEAM 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.