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516 Silverman Street, Greater Sudbury, Ontario, P3B 1A9

MLS® # 2115775
Investment For Sale In Greater Sudbury, Ontario
$995,900
516 Silverman Street, Greater Sudbury, ON - Outdoor
516 Silverman Street, Greater Sudbury, ON - Outdoor With View
516 Silverman Street, Greater Sudbury, ON - Outdoor
516 Silverman Street, Greater Sudbury, ON - Outdoor
516 Silverman Street, Greater Sudbury, ON - Outdoor
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Living Room
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Other Room
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Kitchen
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Kitchen
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Kitchen
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Bedroom
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Living Room
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Bedroom
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Other Room
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Bedroom
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Bathroom
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Kitchen
516 Silverman Street, Greater Sudbury, ON - Indoor
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Bedroom
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Kitchen
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Kitchen
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Living Room
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Living Room
516 Silverman Street, Greater Sudbury, ON - Indoor
516 Silverman Street, Greater Sudbury, ON - Indoor
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Bathroom
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Kitchen
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Kitchen
516 Silverman Street, Greater Sudbury, ON - Outdoor
516 Silverman Street, Greater Sudbury, ON - Indoor
516 Silverman Street, Greater Sudbury, ON  - Outdoor
516 Silverman Street, Greater Sudbury, ON  - Outdoor With View
516 Silverman Street, Greater Sudbury, ON  - Outdoor
516 Silverman Street, Greater Sudbury, ON  - Outdoor
516 Silverman Street, Greater Sudbury, ON - Outdoor
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Living Room
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Other Room
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Kitchen
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Kitchen
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Kitchen
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Bedroom
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Living Room
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Bedroom
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Other Room
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Bedroom
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Bathroom
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Kitchen
516 Silverman Street, Greater Sudbury, ON - Indoor
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Bedroom
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Kitchen
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Kitchen
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Living Room
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Living Room
516 Silverman Street, Greater Sudbury, ON - Indoor
516 Silverman Street, Greater Sudbury, ON - Indoor
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Bathroom
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Kitchen
516 Silverman Street, Greater Sudbury, ON - Indoor Photo Showing Kitchen
516 Silverman Street, Greater Sudbury, ON - Outdoor
516 Silverman Street, Greater Sudbury, ON - Indoor
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516 Silverman Street, Greater Sudbury, Ontario, P3B 1A9
$995,900

Property Information:

JUST LISTED in Sudbury, Ontario! This unique two-storey, 4 + 1 unit property is ready to be your next investment opportunity! Four newly renovated 2BR units and a 1BR basement in-law suite make this property ready to cash flow into your portfolio The property offers 4 compelling 2-bedroom units and a particularly cozy, newly renovated 2-bedroom basement in-law suite. With stylish open-concept plans and tons of natural light, every unit is ready to welcome its new tenants. Cozy up in the living area, elegantly designed to set the tone for impressive living and entertaining. An impressive asset is the common area with a coin-operated washer and dryer that boosts utility and value for residents. You won't have to worry about parking, either. There's ample space for all residents’ vehicles plus extra spaces for your guests. ?? For the safety and peace of mind of the tenants, the property boasts a secure entrance. Plus, there's a spacious detached garage that could also be utilized as additional storage or workspace or an added revenue stream. The property has undergone beautiful, modern renovations that will captivate prospective tenants at first sight, with remarkable finishes and details. Located in a serene neighborhood in Sudbury, this property combines luxury living and absolute convenience perfect for discerning residents! Excellent opportunity for a consistent revenue stream for the savvy investor! ?? Don’t miss this opportunity for an amazing investment with just under 9.8% CAP rate! Contact for more details today! #SudburyRealEstate #HomeForSale #JustListed #InvestmentProperty #MultiUnitProperty #OntarioR (id:27)

Building Features:

  • Style: Multiplex
  • Basement Type: Full
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Boiler, Baseboard heaters

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Zoning: r2-3
  • Sewer: Municipal sewage system

REALTOR.ca  

Location of 516 Silverman Street, Greater Sudbury, Ontario, P3B 1A9

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

43/100

Moderate

ClimateCheck®

Current data

This property, 516 Silverman Street , 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, 516 Silverman Street , experiences 11 significant 2-day storms per year, with about 295.6mm 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 374.7mm of precipitation per year.

Precipitation Per Storm

Past
295.6mm
2050
374.7mm

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 516 Silverman Street, Greater Sudbury, Ontario, P3B 1A9

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$101,478.85

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.39 %

High school certificate or equivalent

32.86 %

Apprenticeship trade certificate/diploma

3.36 %

College/non-university certificate

31.14 %

University certificate (below bachelor)

1.3 %

University Degree

16.96 %

Commuter

Travel To Work

By Car

83.73 %

By Public Transit

9.22 %

By Walking

1.54 %

By Bicycle

0.0 %

By Other Methods

5.51 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

42.4 %

Houses

57.6 %

Own Vs. Rent