21 Avalon Road, Sudbury, Ontario P3B 3K6

Listed for:
$425,000
0 beds
0 baths
Listed 8 days ago
21 Avalon Road, Sudbury, Ontario P3B 3K6

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About

Welcome to 21 Avalon in Sudbury, a prime Minnow Lake 3 unit property with in-law suite offering strong returns and exceptional upside in a desirable rental location. This investment property features four units with separate hydro meters, keeping operating costs efficient and appealing to investors. With two units currently vacant, buyers have an opportunity to set their own rents or explore owner-occupancy while maximizing income potential. Located in the heart of Minnow Lake, this property is close to shopping, schools, transit, and just minutes from downtown. With a cap rate of 9.2% and strong net income, 21 Avalon delivers the kind of performance investors are looking for, whether you’re expanding your portfolio or entering the multi-family market. If you’ve been searching for a cash-flowing property with upside in a prime location, this is an opportunity you won’t want to miss. (id:27476)

Property Highlights

MLS® Number
2126889
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre

Building

Storeys
1.50
Fireplace Present
No
Basement Type
Full
Basement Features
Building Heating Type
Forced air
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
EXP REALTY, BROKERAGE
MLS® number:
2126889
Agent:
Justin Cousineau
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