365 Bessie Avenue Greater Sudbury, Ontario P3C 4H6
$515,000
Attention investors! This fully renovated triplex in a high-demand rental area is a fantastic opportunity to own a turn-key income property. Featuring three self-contained units, each with its own separate entrance and hydro meter, this property is perfect for generating strong rental income. Enjoy immediate cash flow with two out of the three units rented. Recent extensive renovations have enhanced every unit. Unit 3 (Basement) underwent a full gut renovation, with new vinyl flooring, doors, trim, and baseboards. The kitchen was fully upgraded with modern cabinets and countertops, and the bathroom was redone with a new vanity and updated shower tiles. A large living space was converted into a third bedroom, transforming the layout from a 1+den to a full 3-bedroom unit. Additional updates include a new exterior steel door, new fridge and stove, upgraded electrical with pot lights, and updated plumbing to resolve leaks. Unit 2 improvements include a new washer and dryer, a new fridge, repaired and replaced tiles, fresh caulking, and new door trim. Unit 1 was refreshed with a new tiled kitchen backsplash, paint touch-ups, and updated receptacle covers. Throughout the building, the electrical panel was rewired, and a full clean-up and junk removal were completed. Other major updates include a high-efficiency gas furnace (2019), new hot water heater and exterior door for Unit 1 (2020), new laminate flooring in Units 1 & 3, interior doors in Unit 3 (2021), kitchen and bathroom upgrades in Unit 3, new laminate flooring and doors in Unit 2, new windows, and a new roof (2022).With ample parking off the back lane and potential for a fourth unit upon City approval, this property is a smart investment. Ideally located within walking distance to shopping, schools, parks, libraries, and transit, this is a prime rental opportunity you don't want to miss! (id:61852)
Property Details
| MLS® Number | X11960969 |
| Property Type | Multi-family |
| Neigbourhood | The Donovan |
| Community Name | Sudbury |
| ParkingSpaceTotal | 6 |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 8 |
| BedroomsTotal | 8 |
| Appliances | All, Dryer, Washer, Window Coverings |
| BasementDevelopment | Finished |
| BasementType | N/a (finished) |
| ExteriorFinish | Brick |
| FoundationType | Poured Concrete, Block |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| Type | Triplex |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 119 Ft ,8 In |
| SizeFrontage | 32 Ft ,10 In |
| SizeIrregular | 32.9 X 119.7 Ft |
| SizeTotalText | 32.9 X 119.7 Ft |
https://www.realtor.ca/real-estate/27888156/365-bessie-avenue-greater-sudbury-sudbury-sudbury
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Mark Harris
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9100 Jane St Bldg L #77
Vaughan, Ontario L4K 0A4
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March 10 2025 11:07:07
Toronto Real Estate Board
RE/MAX Premier Inc.
