836 Prete Street, Sudbury, Ontario P3E3Y1

Property Description

Welcome to 836 Prete Street, a legal two-unit property located in Sudbury's highly sought-after Hospital Area. Situated on a quiet residential street just minutes from Health Sciences North, Laurentian University, Bell Park, Ramsey Lake and numerous amenities, this property offers a rare combination of strong rental appeal, owner-occupant flexibility and long-term investment potential. The property features two self-contained units, including a spacious 3-bedroom upper unit and a modern 1-bedroom plus den secondary suite. Registered with the City and completed in 2022, the lower unit offers modern finishes, a functional layout and excellent rental appeal for healthcare professionals, students and young professionals. The upper unit showcases a bright and spacious floor plan with an updated kitchen, modern flooring, updated bathroom and large windows that fill the home with natural light. The lower unit features its own private entrance, updated kitchen and bathroom, generous living space and direct access to the attached garage. Situated on a deep 55' x 165' corner lot, the property offers outdoor space rarely found in multi-family properties. Tenants and owners alike will appreciate the large entertainment-sized deck, mature trees, storage shed, attached extra-deep garage and ample parking. In addition to the primary driveway, a secondary rear driveway off Benny Street provides convenient backyard access and additional parking. Located in one of Sudbury's strongest rental markets, this turnkey legal duplex presents an excellent opportunity for investors seeking stable income or owner-occupants looking to offset their mortgage. The oversized corner lot also offers future upside, with Greater Sudbury's Four Units As-of-Right initiative creating new opportunities for residential intensification. Buyers are encouraged to conduct their own due diligence regarding future development opportunities and municipal requirements. (id:5764)