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Home ON Greater Sudbury Onaping
101 Service Road
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101 Service Road $939,900
$939,900
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101 Service Road
Onaping, Ontario P0M2R0

MLS® Number: 2119323

Listing Description

NOW FULLY RENTED WITH A 10+% CAP RATE! Perfect for the seasoned investor seeking a cash-flowing building to add to your investment portfolio, this 7-unit, all-brick building is a must-see. Conveniently located just off HWY 144, and this property boasts five fully renovated units, with the remaining two units also updated within recent years. Each unit features its own hydro meter, reducing operating costs. The common areas have been upgraded with new carpeting, and efficient boiler heating. Additional perks include a coin-operated laundry facility generating an extra $2,500/year and ample on-site parking. With local amenities just a 5-minute walk away, this is a high-performing investment you don't want to miss. Schedule your viewing today! (29601316)

Property Summary

Property Type
Multi-family
Title
Freehold
Land Size
10,890 - 21,799 sqft (1/4 - 1/2 ac)
Parking Type
Gravel
Time on REALTOR.ca
36 days

Building

Interior Features
Flooring
Hardwood, Laminate
Basement Type
Full
Building Features
Foundation Type
Concrete Perimeter
Rental Equipment
None
Total Units
7
Heating & Cooling
Heating Type
Boiler
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Roof Style
Flat
Exterior Finish
Brick
Parking
Parking Type
Gravel

Land

Lot Features
Road Type
Paved road
Other Property Information
Access
Year-round access
Zoning Description
R1-5/RU
Data provided by: Sudbury Real Estate Board 190 Elm Street, Sudbury, Ontario P3C 1V3

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