53 Main Street E Greater Sudbury, Ontario P0M 1L0
$399,900
Attention investors! Discover this cash-flowing triplex offering a standout opportunity with $47,522 in annual income and a solid net operating income of $32,743. Featuring two 2-bedroom units and one 1-bedroom unit, the property is separately metered for hydro, with two of the three tenants paying their own utilities. Recent upgrades include all-new windows, an efficient natural gas furnace, and a 2019 roof replacement on most sections of the property (with just one section remaining). Financials are available upon request. Unit 3 is currently tenanted but offers excellent value-add potential with some updates needed, giving investors the chance to increase returns even further. Located in a quiet town just a short drive from Sudbury, this triplex offers convenient access to schools, parks, shopping, and public transit. A rare chance to secure a cash-flowing asset in a desirable location - don't miss out! (id:60365)
Property Details
| MLS® Number | X12076787 |
| Property Type | Multi-family |
| Community Name | Rayside-Balfour |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 3 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 5 |
| BedroomsTotal | 5 |
| Age | 51 To 99 Years |
| Amenities | Separate Electricity Meters |
| Appliances | Water Meter, Stove, Refrigerator |
| BasementType | Crawl Space |
| CoolingType | None |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 0 - 699 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 99 Ft ,6 In |
| SizeFrontage | 50 Ft |
| SizeIrregular | 50 X 99.5 Ft |
| SizeTotalText | 50 X 99.5 Ft |
| ZoningDescription | R2-2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|
Mats Moy
Salesperson
4711 Yonge St 10th Flr, 106430
Toronto, Ontario M2N 6K8
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October 23 2025 04:02:36
Toronto Real Estate Board
Exp Realty
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