17 Clairmont Street Greater Sudbury, Ontario P3B 3S4

Boiler, Forced Air

$599,900

INCREDIBLE INVESTMENT OPPORTUNITY OR SPACIOUS 8-BEDROOM FAMILY HOME! Welcome to this versatile multi-family property tucked away on a quiet cul-de-sac in the desirable Minnow Lake neighbourhood! Offering exceptional income potential, multiple living configurations, and a deep, private lot, this property is an opportunity you won't want to miss. Currently configured as three separate living spaces, the property features a legal non-conforming duplex with an additional in-law suite (application pending). MPAC recognizes the front and rear portions as two separate dwellings under one ownership. The spacious front 4-bedroom unit features in-suite laundry, separate gas and hydro meters, and a tenant currently paying $1,800/month plus utilities, with estimated market rent potential of $2,600–$2,750/month. The rear portion offers two self-contained 2-bedroom units, both vacant and ready for immediate occupancy! The upper unit includes laundry hookups and offers estimated rental potential of $2,000–$2,200/month all-inclusive, while the lower unit could generate approximately $1,750–$1,850/month all-inclusive. Alternatively, combine the rear units to create a spacious 4-bedroom family residence, perfect for multi-generational living or an owner-occupied investment. With potential gross rental income exceeding $6,500/month, this property presents an exciting opportunity for investors looking to maximize returns. Additional highlights include separate gas and hydro meters, a combination of hot water boiler and forced-air heating, and no rental equipment! Ideally situated within walking distance of the planned KED development on the Kingsway, this property offers a convenient location with exciting future potential. Whether you're an investor, a growing family, or looking for a property that can help offset your mortgage, the possibilities here are endless! (id:49269)

Property Details

MLS® Number 2129645
Property Type Multi-family
Amenities Near By Park, Public Transit, Schools
Equipment Type None
Rental Equipment Type None
Road Type Paved Road

Building

Basement Type Full
Exterior Finish Vinyl
Fire Protection Smoke Detectors
Flooring Type Laminate, Tile
Foundation Type Block
Heating Type Boiler, Forced Air
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 1
Utility Water Municipal Water

Parking

Gravel

Land

Access Type Year-round Access
Acreage No
Land Amenities Park, Public Transit, Schools
Sewer Municipal Sewage System
Size Frontage 40 Ft
Size Total Text Under 1/2 Acre
Zoning Description R1-5

https://www.realtor.ca/real-estate/30122295/17-clairmont-street-greater-sudbury

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