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226 OAK STREET, Greater Sudbury (Sudbury) — listed at $1,240,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Excellent investment opportunity! This solid all-brick 6-plex is located in the highly desirable West End and is fully rented, offering immediate and stable rental income. The building features two 1-bedroom units and four 2-bedroom units, appealing to a strong tenant base. Property includes coin-operated laundry providing additional income and individual storage for each unit. 6 parking spots in the rear of the building. Efficient gas boiler heating system, one of the most economical heating options for this type of building. Well-maintained property with great potential for future improvements and value growth. A great opportunity for investors looking to add a stable, income-producing property to their portfolio. (id:60164)
Is 226 OAK STREET a good fit for a growing family?+
With 10 bedrooms and 6 bathrooms, there's room for kids plus a guest room or home office. The 3-storey layout keeps living and sleeping areas separated.
What's the parking situation?+
This property includes 6 spaces — No Garage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,739, heating is natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What makes this a luxury property?+
At $1,240,000, standout features include 6 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
Does it have a basement, and is it finished?+
Yes — Partially finished, Walk out, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
How is the home heated? Is it efficient?+
Heating is natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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