For Sale: 362 Dell Street, Greater Sudbury, ON - REW
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$749,925
0 bd • ba • sf • Multifamily
362 Dell Street
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$749,925
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362 Dell StreetGreater Sudbury, ON, P3B 2M1

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

Discover an outstanding income-generating investment opportunity with this well-maintained 4-plex, featuring four spacious two-bedroom units. Built in 1992, this all-above-ground building is constructed on a slab-on-grade foundation, eliminating basement units—a highly desirable feature for both tenants and landlords. Each unit is separately metered for hydro and gas, with tenants paying their own utilities, helping to minimize operating expenses. Every unit also features its own private laundry facilities and an individual boiler heating system, providing added convenience and independence for occupants. Each unit includes two dedicated parking spaces with electrical plug-ins, for a total of eight parking spaces, plus additional parking available at the rear of the property. Major updates include a roof replaced in 2012 and new boilers installed in November 2024. The building offers a durable brick exterior on the main level with low-maintenance siding on the second level. Ideally situated in a strong rental location with consistent tenant demand, this turnkey property is an exceptional opportunity for both investors and owner-occupants. Maximize your investment by renting all four units, or live in one unit while generating rental income from the remaining three. For qualified buyers, lenders may consider the rental income from the other three units when assessing mortgage eligibility, making it possible to own this outstanding investment property with as little as a $50,000 down payment (subject to lender approval and buyer qualification). Cash Flow Analysis under Documents. (id:63626)
Listed by: BHARGAV PATEL, Salesperson, RED AND WHITE REALTY INC. BROKERAGE

Home facts and features

Price details
List Price
$749,925
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Home facts
Bedrooms
0
Full Bathrooms
Parking Details
Parking Space(s)
Property Type
Multifamily
Depth
Exterior Finish
Brick, Aluminum siding
Heating Type
Boiler
Agent details
Primary Agent
BHARGAV PATEL
Primary Broker
RED AND WHITE REALTY INC. BROKERAGE
Listing details
Days on REW
4 Days
MLS® Number
2129366
Source
Canadian Real Estate Association
Board
Sudbury Real Estate Board
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

ÉS du Sacré-Coeur
  • Catholic
  • 9 - 12
Queen Elizabeth II Public School
  • Public
  • JK - 6
É Sép St-Joseph
  • Catholic
  • JK - 8
Marymount School
  • Catholic
  • 7 - 12
Sudbury Secondary School
  • Public
  • 9 - 12
Lansdowne Public School
  • Public
  • JK - 8
ÉS Macdonald-Cartier
  • Public
  • 9 - 12
École publique Macdonald-Cartier
  • Public
  • 7 - 8
St David Catholic School
  • Catholic
  • 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
BHARGAV PATEL
Phone:
(705) 929-3583
Office:
519-804-9934
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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.