408 King Street, Sudbury, ON, P3B 2G1 - investment for sale | Listing ID 2120045

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Investment For Sale In Sudbury, Ontario

$769,900

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408 King Street, Sudbury, ON - Outdoor With View

408 King Street, Sudbury, ON - Indoor Photo Showing Bedroom

408 King Street, Sudbury, ON - Indoor Photo Showing Bathroom

408 King Street, Sudbury, ON - Indoor Photo Showing Other Room

408 King Street, Sudbury, ON - Outdoor With Exterior

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408 King Street, Sudbury, Ontario, P3B 2G1

$769,900

Property Information:

ATTENTION ALL INVESTORS! SET YOUR OWN RENTS AND PICK YOUR OWN TENANTS! This newly constructed fourplex is situated in a rental-friendly neighbourhood, offering an incredible opportunity for savvy investors. The property features three spacious 2-bedroom units and one modern 1-bedroom unit, making it an ideal addition to your portfolio. Each unit is designed with luxury vinyl plank flooring, spacious bedrooms with ample closet space and custom kitchens complete with soft-close cabinets. Tenants will love the beautifully tiled shower/tub combinations and energy-efficient LED lighting throughout. Practicality and convenience are key, with each unit equipped with its own 100-amp electrical panel, separate metering, and dedicated hot water tank. In-suite laundry hookups are available in three of the units, adding value for future tenants. The property also provides parking of up to ten vehicles with rear access. Situated in a walkable neighbourhood, tenants will enjoy the convenience of nearby grocery stores, pharmacies and public transit. This fourplex was thoughtfully designed by landlords to meet the needs of both owners and tenants. Don't miss this rare opportunity to establish market rents and maximize your investment portfolio. (id:27)

Building Features:

Style: Multiplex
Basement Type: Crawl space
Exterior Finish: Aluminum siding, Vinyl siding
Fire Protection: Smoke Detectors
Flooring Type: Vinyl
Foundation Type: Block
Roof Material: Asphalt shingle
Roof Style: Unknown
Heating Type: Baseboard heaters
Cooling Type: None

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Road Type: Paved road
Zoning: R2-3
Sewer: Municipal sewage system
Parking Type: Rear

Courtesy of: RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)

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Location of 408 King Street, Sudbury, Ontario, P3B 2G1

Lifestyle
Neighbourhood

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, 408 King Street , experiences 7 hot days per year at around 29.8 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 33.1 degrees Celsius.

Projected Avg. Temperature

Past

29.8℃

2050

33.1℃

# Hot Days Per Year

Past

2050

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, 408 King Street , experiences 11 significant 2-day storms per year, with about 294.5mm 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 373.1mm of precipitation per year.

Precipitation Per Storm

Past

294.5mm

2050

373.1mm

48-Hour Storms Per Year

Past

2050

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.

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Demographic Information of 408 King Street, Sudbury, Ontario, P3B 2G1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$89,226.23

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.58 %

High school certificate or equivalent

29.4 %

Apprenticeship trade certificate/diploma

5.15 %

College/non-university certificate

23.89 %

University certificate (below bachelor)

0.64 %

University Degree

15.33 %

Commuter

Travel To Work

By Car

67.24 %

By Public Transit

23.11 %

By Walking

2.28 %

By Bicycle

0.15 %

By Other Methods

7.22 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.65 %

Houses

43.35 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Location of 408 King Street, Sudbury, Ontario, P3B 2G1

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 408 King Street, Sudbury, Ontario, P3B 2G1

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

408 King Street, Sudbury, Ontario, P3B 2G1

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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