836 Prete Street, Sudbury, Ontario P3E 3Y1

Listed for:
$599,900
0 beds
0 baths
Listed 15 days ago
836 Prete Street, Sudbury, Ontario P3E 3Y1

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About

Welcome to 836 Prete Street, a legal two-unit property located in Sudbury's highly sought-after Hospital Area. Situated on a quiet residential street just minutes from Health Sciences North, Laurentian University, Bell Park, Ramsey Lake and numerous amenities, this property offers a rare combination of strong rental appeal, owner-occupant flexibility and long-term investment potential. The property features two self-contained units, including a spacious 3-bedroom upper unit and a modern 1-bedroom plus den secondary suite. Registered with the City and completed in 2022, the lower unit offers modern finishes, a functional layout and excellent rental appeal for healthcare professionals, students and young professionals. The upper unit showcases a bright and spacious floor plan with an updated kitchen, modern flooring, updated bathroom and large windows that fill the home with natural light. The lower unit features its own private entrance, updated kitchen and bathroom, generous living space and direct access to the attached garage. Situated on a deep 55' x 165' corner lot, the property offers outdoor space rarely found in multi-family properties. Tenants and owners alike will appreciate the large entertainment-sized deck, mature trees, storage shed, attached extra-deep garage and ample parking. In addition to the primary driveway, a secondary rear driveway off Benny Street provides convenient backyard access and additional parking. Located in one of Sudbury's strongest rental markets, this turnkey legal duplex presents an excellent opportunity for investors seeking stable income or owner-occupants looking to offset their mortgage. The oversized corner lot also offers future upside, with Greater Sudbury's Four Units As-of-Right initiative creating new opportunities for residential intensification. Buyers are encouraged to conduct their own due diligence regarding future development opportunities and municipal requirements. (id:27476)

Property Highlights

MLS® Number
2128393
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre

Building

Exterior Finish
Brick
Fireplace Present
No
Basement Type
Full
Basement Features
Building Heating Type
High-Efficiency Furnace
Heating Fuel
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
LAKE CITY REALTY LTD. BROKERAGE
MLS® number:
2128393
Agent:
David Kurt
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