Welcome to 623 Kingsway, a tenanted 3-bedroom, 1-bath property in a high-demand Sudbury location that delivers steady income and solid value for investors. Generating $20,880 annually in rental income, this home has seen thoughtful updates over time, including refreshed flooring, a functional kitchen, a sun-filled front sunroom, an upgraded electrical panel, and a newer central air unit installed in 2022. The layout includes a spacious back deck and ample off-street parking, appealing to long-term tenants. Situated on a main road close to schools, shopping centers, and public transit, this property combines consistent rental performance with excellent location benefits. Financials are available upon request. Zoned R2-3, this property may offer future redevelopment flexibility or duplex conversion potential with city approval. With reliable tenancy already in place, it presents a hands-off investment opportunity for those seeking to enter or expand in the Sudbury rental market. (id:61852)
MLS® Number | X12153824 |
Property Type | Single Family |
Neigbourhood | Sunrise Ridge Estates |
Community Name | Sudbury |
ParkingSpaceTotal | 8 |
BathroomTotal | 1 |
BedroomsAboveGround | 3 |
BedroomsTotal | 3 |
Appliances | Water Heater, Dryer, Stove, Washer, Refrigerator |
ArchitecturalStyle | Bungalow |
BasementDevelopment | Finished |
BasementType | N/a (finished) |
ConstructionStyleAttachment | Detached |
CoolingType | Central Air Conditioning |
FoundationType | Concrete |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
StoriesTotal | 1 |
Type | House |
UtilityWater | Municipal Water |
No Garage |
Acreage | No |
Sewer | Sanitary Sewer |
SizeDepth | 120 Ft |
SizeFrontage | 50 Ft |
SizeIrregular | 50 X 120 Ft |
SizeTotalText | 50 X 120 Ft |
ZoningDescription | Fd, R3-1 |
Level | Type | Length | Width | Dimensions |
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https://www.realtor.ca/real-estate/28324652/623-kingsway-greater-sudbury-sudbury-sudbury
Contact us for more information
Mats Moy
Salesperson