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365 BESSIE AVENUE, Greater Sudbury, Ontario, P3C 4H6

MLS® # X11960969
Investment For Sale In Greater Sudbury, Ontario
$515,000
365 Bessie Avenue, Greater Sudbury, ON - Outdoor
365 Bessie Avenue, Greater Sudbury, ON  - Outdoor
365 Bessie Avenue, Greater Sudbury, ON  - Outdoor With Exterior
Main Floor - 365 Bessie Avenue, Greater Sudbury, ON  - Indoor Photo Showing Other Room
Main Floor - 365 Bessie Avenue, Greater Sudbury, ON  - Indoor Photo Showing Other Room
Main Floor - 365 Bessie Avenue, Greater Sudbury, ON - Indoor Photo Showing Other Room
365 BESSIE AVENUE, Greater Sudbury, Ontario, P3C 4H6
$515,000

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Basement Development: Finished
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Foundation Type: Poured Concrete, Block
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Appliances: All, Dryer, Washer, Window Coverings

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8
  • Bathrooms: 3
  • Irregular: Yes
  • Lot Depth: 119.7 Feet
  • Lot Frontage: 32.8 Feet
  • Lot Size: 32.9 x 119.7 FT
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX PREMIER INC.

REALTOR.ca  

Location of 365 BESSIE AVENUE, Greater Sudbury, Ontario, P3C 4H6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

14 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

42/100

Moderate

ClimateCheck®

Current data

This property, 365 BESSIE AVENUE , experiences 7 hot days per year at around 29.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 33 degrees Celsius.

Projected Avg. Temperature

Past
29.7℃
2050
33℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

14 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 365 BESSIE AVENUE , experiences 11 significant 2-day storms per year, with about 294.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 373mm of precipitation per year.

Precipitation Per Storm

Past
294.3mm
2050
373mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 365 BESSIE AVENUE, Greater Sudbury, Ontario, P3C 4H6

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$73,327.44

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.69 %

High school certificate or equivalent

35.89 %

Apprenticeship trade certificate/diploma

6.19 %

College/non-university certificate

23.55 %

University certificate (below bachelor)

0.16 %

University Degree

6.52 %

Commuter

Travel To Work

By Car

68.51 %

By Public Transit

20.37 %

By Walking

10.51 %

By Bicycle

0.0 %

By Other Methods

0.61 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

59.28 %

Houses

40.72 %

Own Vs. Rent