$1,225,000
FOR SALE

Multiplex

1188-1190 Rideau Street
Sudbury, ON P3A 3A4

Introducing an exceptional investment opportunity in an upgraded 4-plex that is commanding market value rents, strategically located in the prime area of New Sudbury, walking distance to College Boreal, Cambrian College and just a short jaunt to CRA. 1190 is a large 3 level unit with 3 +1 bedrooms and includes an attached garage. 1188 has 3 legal units. 1-1 bedroom and 2- 2 bedrooms. This property offers a range of desirable features that make it highly appealing to investors seeking great revenue potential. The convenience of ample parking ensures a hassle-free experience for both tenants and visitors, eliminating the common parking challenges often associated with multi-unit buildings. Each unit within this remarkable 4-plex comes complete with private balconies, providing residents with a serene oasis to relax and appreciate the beautiful surroundings. Whether enjoying a morning coffee or unwinding with a sunset, residents can relish in the privacy and tranquility of their own personal outdoor space. Additionally, the spacious yard offers residents the opportunity to enjoy outdoor activities or simply bask in the sun. The upgraded interiors of this 4-plex further enhance its value, with modern finishes and thoughtful design elements creating a welcoming ambiance that appeals to both residents and potential tenants. With its prime location, upgraded features, ample parking, yard space, and private balconies, this 4-plex presents an outstanding investment opportunity not to be missed. Secure your stake in this exceptional property that promises comfort and excellent revenue potential. (id:47421)
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Listed By EXP REALTY, Brokerage (MAIN)
Data Provided By Sudbury Real Estate Board
MLS® Listing Number 2120362
Last Updated Feb 28, 2025
Property Summary
Property Type Multiplex

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Price History

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Detailed Information
Amenities Nearby Public Transit, Schools, Shopping, Ski area
Ownership Type Freehold
Property Type Multi-family
Transaction Type For sale
Zoning Description R2-2, R3(47), R3-1.D103
Building
Basement Type Full
Cooling Type None
Exterior Finish Brick, Vinyl siding
Flooring Type Hardwood, Laminate, Tile
Heating Type Other, Baseboard heaters
Roof Material Asphalt shingle
Roof Style Unknown
Utility Water Municipal water
Land
Total Size under 1/2 acre
Access Type Year-round access
Amenities Public Transit, Schools, Shopping, Ski area
Sewer Municipal sewage system

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