341 Antwerp Avenue, Greater Sudbury, ON
Description
Property Highlights
Welcome to this remarkable ["2-Storey"] multiplex located in the coveted neighborhood of Sudbury. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $755,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 8 Bedrooms and 6 Bathrooms with 6 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 66 x 120 ft lot
- Features a ["partially finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient detached configuration
- Notable attributes: On Demand Water Heater
- equipped with ["none"] central cooling and highly efficient radiant heating via gas
Well-maintained multi-residential building comprising six self-contained units, including a mix of bachelor, one-bedroom, and two-bedroom apartments. The property is fully tenanted with strong rental income and consistent occupancy, offering excellent cash-flow potential.The existing six-unit configuration has been confirmed by the Town as a legally established and permitted use, with municipal records supporting its status as a legal sixplex. Recent upgrades to the electrical and plumbing systems enhance long-term reliability and reduce maintenance concerns.With a current cap rate of approximately 10%, this is a solid income-producing opportunity with potential for future appreciation. Ideally located near schools, public transit, shopping, and other local amenities, the property is highly attractive to tenants. Financial statements are available upon request. The Seller may consider a Vendor Take-Back (VTB) mortgage.
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Data-driven valuation for 341 Antwerp Avenue, Greater Sudbury, ON P3C 4M8
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Properties in this area are selling at a steady pace.
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