488 Clinton Avenue, Sudbury, Ontario P3B2S6

Listing courtesy of LAKE CITY REALTY LTD. BROKERAGE.

$449,900

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List Price
$449,900
MLS®
2128148
Days on Market
53
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family

Property Description

Welcome to 488 Clinton Ave, a central Sudbury 3-unit income property offering standout flexibility for investors, owner-occupiers, and buyers exploring a live/work opportunity. The property features three self-contained living spaces, including a vacant larger main unit with 2 bedrooms, 2 bathrooms, a rec room with gas insert fireplace, generous storage, an office/den, and a lower-level with a separate entrance. This setup with the property’s C1 zoning adds another layer of flexibility, giving the next owner several options: live in the main unit while the two 1-bedroom apartments help offset ownership costs, add the property to an income portfolio, or explore the lower-level potential for a small office, studio, personal service space, contractor workspace, or home-based business setup. Both 1-bedroom apartments are currently occupied by long-term tenants, adding stability to the income profile, and the property includes three hydro meters, with units separately metered. The detached garage/workshop includes an I-beam, gas heater, and electric furnace, making it a useful space for storage, tools, equipment, hobbies, or workshop use. With a central location, existing rental income, and a vacant owner-use unit, this is a unique opportunity to secure income, flexibility, and future-use potential in one property. A pre-listing home inspection report is available for review by request. (id:5764)

Additional Information

Ownership
Freehold
Garage
Yes
Country
Canada
Flooring
Laminate, Carpeted, Vinyl
Sewer
Municipal sewage system
Roof
Asphalt shingle, Unknown
Heating
Baseboard heaters
Total Number Of Units
3
Stories
2

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Calculator source: Real Geeks