$ 460.000

1071 Lorne Street, Sudbury

  • Type: Townhouse
  • Added: 69 days ago
  • Updated: 48 days ago
  • Last Checked: 23 hours ago
Are you an investor looking for a building which generates an 8% cap rate? Then this one is for you! Located in the West-end of Sudbury, close to many amenities, bus route, shopping and so much more. This Triplex is the perfect money maker. Many recent renovations include Front Unit (1 Bedroom) Renovation upgrades, Electrical upgrades include repairs to rewire new bathroom on main level rear unit to the panel, work on switches and plugs, Bathroom Upgrade Rear Main Unit - including plumbing, a new shower, and making the bathroom a bit larger. Lastly, a Roof Upgrade for better efficiency. All rents are inclusive, lower tenants on active leases, Front main one bedroom $1300, Upper unit $1355, Back unit $1550 . 26 Hours notice required for all viewings. (id:1945)
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Show More Details and Features

Property DetailsKey information about 1071 Lorne Street

  • Roof: Flat
  • Heating: Forced air
  • Exterior Features: Brick

Interior FeaturesDiscover the interior design and amenities

  • Basement: Crawl space
  • Flooring: Tile, Laminate

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 1071 Lorne Street

  • Water Source: Municipal water
  • Parking Features: Parking Space(s)

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system

Tax & Legal InformationGet tax and legal details applicable to 1071 Lorne Street

  • Zoning Description: C2

Additional FeaturesExplore extra features and benefits

  • Number Of Units Total: 3
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Nearby Listings Stat

Active listings
18
Min Price
$199,000
Max Price
$5,900,000
Avg Price
$855,178
Days on Market
81 days
Sold listings
15
Min Sold Price
$199,900
Max Sold Price
$849,000
Avg Sold Price
$445,793
Days until Sold
33 days
Additional Information about 1071 Lorne Street

This Townhouse at 1071 Lorne Street Sudbury, ON with MLS Number 2118963 listed by ANGELE CHARTRAND - UNRESERVED BROKERAGE on Sudbury market 69 days ago at $460,000

We have found 1 Townhomes that closely match the specifications of the property located at 1071 Lorne Street with distances ranging from 2 to 4 kilometers away. The prices for these similar properties vary between 449,000 and 449,000.

The current price of the property is $460,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 16% down payment, the total amount borrowed would be $386,400. This would result in a monthly mortgage payment of $2,151 over a 25-year amortization period.

More Details?
ANGELE CHARTRAND
  • ANGELE CHARTRAND
  • UNRESERVED BROKERAGE
  • 705-923-7355

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