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:38174)
| 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 |
| 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 |
| Gravel |
| 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
Contact us for more information
(705) 560-5650
(800) 601-8601
(705) 560-9492
www.remaxcrown.ca/
(705) 560-5650
(800) 601-8601
(705) 560-9492
www.remaxcrown.ca/
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