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Home ON Greater Sudbury Sudbury
332 Burton Avenue
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332 Burton Avenue $569,900
$569,900
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332 Burton Avenue
Sudbury, Ontario P3C4K5

MLS® Number: 2120033

Listing Description

Amazing Investment Opportunity in Sudbury! This centrally located 4-plex in a high-demand rental area is a rare find with a strong 6.93% cap rate and potential to exceed 9.5%. Built in 1994, this low-maintenance property includes 1 spacious 2-bedroom unit ($945.55/month plus hydro) and 3 bright 1-bedroom units (Unit 1: $814.22/month, Units 2 & 4: $1,250/month plus hydro). There’s even extra income from coin-operated laundry ($125/month). The property stands out with separate entrances, individual hydro meters, ample parking, and no lawn to maintain. Close to restaurants, grocery stores, parks, schools, bus routes, and Collège Boréal, it’s perfectly located and easy to manage. Whether you're a first-time investor or growing your portfolio, this property is turnkey and full of potential. Don’t miss out—call now to book your viewing! (29805714)

Property Summary

Property Type
Multi-family
Title
Freehold
Land Size
under 1/2 acre
Time on REALTOR.ca
26 days

Building

Interior Features
Basement Type
Full
Building Features
Foundation Type
Concrete
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Roof Style
Unknown (Asphalt shingle)
Exterior Finish
Brick, Vinyl siding

Land

Other Property Information
Zoning Description
R-2-3
Data provided by: Sudbury Real Estate Board 190 Elm Street, Sudbury, Ontario P3C 1V3

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