For Sale: 1099 Gordon Avenue, Greater Sudbury, ON - REW
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$849,999
0 bd ba sf Multifamily

1099 Gordon AvenueGreater Sudbury, ON, P3A 2V5

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

Whether you’re ready to unleash your inner real estate mogul or live virtually mortgage-free, this fully legal triplex is the ultimate financial shortcut! Featuring a spacious 3-bed main unit, a cozy 2-bed basement apartment, AND a slick 2-bed detached garden suite, this setup is practically printing money with a potential $7,000/month in rent and a jaw-dropping ~9% cap rate. Both the main and basement units are freshly renovated—new kitchens, new bathrooms... new everything! They sit vacant and ready for you to pick your own top-tier tenants at current market rates, while the detached garden suite (built just over two years ago) is already generating steady income at $1,900/month plus utilities. Live-in Landlords: move into the main unit and let the other two pay your entire mortgage (and your grocery bills, too!). Investors: separate hydro meters and a separate gas meter for the garden suite mean fewer utility headaches and more pure cash flow. Best of all, you’re situated in a prime Sudbury hotspot right across from the CRA office—because if there’s one place where reliable employment lives, it’s the tax office! Close to schools, shopping, and local eats, tenant demand here is built-in. Properties that cash-flow this solid don’t wait around. Grab your agent, book a tour, and let your property do the heavy lifting for once! (id:63626)
Listed by: PARIKSHIT PATEL, Salesperson, RED AND WHITE REALTY INC. BROKERAGE

Home facts and features

Price details
List Price
Home facts
Bedrooms
0
Full Bathrooms
Parking Details
Gravel
Property Type
Multifamily
Lot Size
50 ft x 0 ft (129 ft²)
Depth
Frontage
50.0 feet
Title
Freehold
Heating Type
Forced air, In Floor Heating
Cooling
Central air conditioning, Air exchanger
Basement Details
Full
Agent details
Primary Agent
PARIKSHIT PATEL
Primary Broker
RED AND WHITE REALTY INC. BROKERAGE
Listing details
Days on REW
1 Day
MLS® Number
2129804
Source
Canadian Real Estate Association
Board
Sudbury Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

ÉS Macdonald-Cartier
  • Public
  • 9 - 12
École publique Macdonald-Cartier
  • Public
  • 7 - 8
Félix-Ricard
  • Catholic
  • JK - 8
Queen Elizabeth II Public School
  • Public
  • JK - 6
É Sép St-Joseph
  • Catholic
  • JK - 8
ÉS du Sacré-Coeur
  • Catholic
  • 9 - 12
Carl A Nesbitt Public School
  • Public
  • JK - 8
St David Catholic School
  • Catholic
  • JK - 8
Ernie Checkeris Public School
  • Public
  • JK - 6
Marymount School
  • Catholic
  • 7 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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