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 |
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Amenities Near By
|
Park, Public Transit, Schools |
|
Equipment Type
|
None |
|
Rental Equipment Type
|
None |
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Road Type
|
Paved Road |
Building
|
Basement Type
|
Full |
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Exterior Finish
|
Vinyl |
|
Fire Protection
|
Smoke Detectors |
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Flooring Type
|
Laminate, Tile |
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Foundation Type
|
Block |
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Heating Type
|
Boiler, Forced Air |
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Roof Material
|
Asphalt Shingle |
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Roof Style
|
Unknown |
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Stories Total
|
1 |
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Utility Water
|
Municipal Water |
Parking
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