For Sale: 332 Burton Avenue, Greater Sudbury, ON - REW
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$569,900
0 bd • ba • sf • Multifamily
332 Burton Avenue
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$569,900
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332 Burton AvenueGreater Sudbury, ON, P3C 4K5

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

Excellent investment opportunity in a high-demand rental area. This purpose-built 4-plex, constructed in 1994, offers strong and stable income with four self-contained units, each featuring private entrances and separate hydro meters. The building consists of one 2-bedroom unit renting for $970 per month and three 1-bedroom units renting for $835, $1,400, and $1,250 per month, plus an additional $200 per month from coin-operated laundry. The property generates a total monthly income of $4,655, providing positive cash flow with a 25% down payment. Well-maintained and located in an area with consistent tenant demand and low vacancy, this property is ideal for investors seeking a clean, reliable, and turn-key multi-residential asset. 332 Burton represents a rare opportunity to acquire a modern, income-producing building with proven financial performance (id:63626)
Listed by: PAUL PELLAND, Salesperson, ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE

Home facts and features

Price details
List Price
$569,900
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Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Depth
Title
Freehold
Exterior Finish
Brick, Vinyl siding
Basement Details
Full
Agent details
Primary Agent
PAUL PELLAND
Primary Broker
ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE
Listing details
Days on REW
114 Days
Property Views
34
MLS® Number
2126461
Source
Canadian Real Estate Association
Board
Sudbury Real Estate Board
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Lansdowne Public School
  • Public
  • JK - 8
St David Catholic School
  • Catholic
  • JK - 8
Sudbury Secondary School
  • Public
  • 9 - 12
É Sép St-Joseph
  • Catholic
  • JK - 8
Marymount School
  • Catholic
  • 7 - 12
Queen Elizabeth II Public School
  • Public
  • JK - 6
Mishko-deh-Wendam School
  • Public
  • 7 - 12
ÉS du Sacré-Coeur
  • Catholic
  • 9 - 12
Princess Anne Public School
  • Public
  • JK - 8
École publique Jeanne-Sauvé
  • Public
  • JK - 6
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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Call Agent
Salesperson
PAUL PELLAND
Phone:
(705) 669-8313
Office:
705-688-0007
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.