Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Royal LePage
Royal LePage
Image 1
Image 2
Image 3
$685,000

288 Albinson Street, Sudbury, Ontario, P3C 3W3

MLS® # 2126234

Sudbury ON, P3C 3W3

MLS® # 2126234

Property Information:

Solid brick four-unit building located in Sudbury’s desirable West End, zoned R2-3 permitting four units. This approximately 4,000 sq. ft. investment property offers excellent income potential with two vacant two-bedroom units, including a stunning main-floor unit with a grand kitchen and a recently renovated rear two-bedroom unit featuring an attached two-level garage. The upper two-bedroom unit and lower-level bachelor unit are currently tenanted, with the bachelor offering potential for a more functional layout through the addition of a separate utility and laundry room. With the ability to add bedrooms, strong rental demand, and a projected 7% cap rate at market rents, this property presents an exceptional opportunity for investors or owner-occupiers seeking flexibility and longterm value. (id:27)

Building Features:

  • Style: Multiplex
  • Basement Type: Full
  • Flooring Type: Hardwood, Tile, Carpeted
  • Roof Material: Asphalt shingle
  • Roof Style: Flat
  • Heating Type: Forced air, Baseboard heaters

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Amenities Nearby: Hospital, Park, Public Transit
  • Zoning: R2-3
  • Sewer: Municipal sewage system
  • Parking Type: Attached garage

REALTOR.ca  

More Detail
Less Detail

⚠ Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 288 Albinson Street, Sudbury, Ontario, P3C 3W3

Demographic Information of 288 Albinson Street, Sudbury, Ontario, P3C 3W3

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$91,615.05

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.34 %

High school certificate or equivalent

27.59 %

Apprenticeship trade certificate/diploma

4.96 %

College/non-university certificate

29.09 %

University certificate (below bachelor)

0.13 %

University Degree

20.89 %

Commuter

Travel To Work

By Car

78.7 %

By Public Transit

7.18 %

By Walking

8.06 %

By Bicycle

0.29 %

By Other Methods

5.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

47.01 %

Houses

52.99 %

Own Vs. Rent

More Detail
Less Detail