Brick 5-Bed with Income Suite Near Downtown Sudbury

Property details for 320 Nelson Street, Sudbury

Type: Residential
Style: Character, 3 Level
Bedrooms: 5
Bathrooms: 3
Stories: 2
Basement: Full
Parking: Detached Garage
Heating: Forced air, High-Efficiency Furnace
Exterior: Brick
Ownership: Freehold

This all-brick 3-level on Nelson Street packs a lot into its 26-foot frontage. You get 5 bedrooms and 3 baths spread across the main and upper floors, plus a separate 1-bedroom apartment in the basement with its own entrance. That's rental income, or a place for extended family. There's also coin-op laundry down there, another revenue stream if you want it. The main floor has a decent layout: living room, dining room, kitchen, a bedroom, and a 4-piece bath. Upstairs, three more bedrooms and another bath. Hardwood and laminate floors throughout, and a single fireplace for the colder months. Outside, the brick exterior is classic Sudbury. Detached garage with a newer roof, and the house's roof is about 11 years old. West-side windows are newer, and you've got 200-amp service. Location is hard to beat: you're 300 meters from the Art Gallery of Sudbury, a 5-minute walk to Tom Davies Square and the Sudbury Arena. Plenty of restaurants and cafes within a kilometer. In a market where nearby homes average $552K and sit for only 3 days, this one at $429,900 is a solid deal. Zoned R3-1(6), freehold. It's a character home with real income potential.

About 320 Nelson Street, Sudbury — Property Score

Strong Investment Well Priced

Score: 66/100

Value

Priced 28.3% below area median of $599,900 based on 44 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

5 bedrooms - 1 more than similarly priced 4-bedroom homes nearby 72

3 bathrooms - 1 more than similarly priced properties nearby 72

Location

$19K median household income - below the Canadian average of $70K 40

77% of residents hold postsecondary credentials - a highly educated neighbourhood 85

12% homeownership rate - a renter-majority neighbourhood 39

83% of residents commute under 30 minutes - excellent commuter accessibility 96

1,793/km² population density - a well-balanced suburban area 88

Market

Just listed - area average is 30 days on market 100

-22% median price change over 1 month - declining prices in the area 1

21.7 months of housing supply - 65 active listings with 3 sold last month (buyer's market) 40

Features

Full basement 55

standard forced air system 75

No cooling system listed - common in cooler climate areas 30

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

100

88% renter population - strong rental demand in this area 100

Quality

Condition

Listing

43 photos provided - below the area average of 44 photos 92

3 of 7 key property details provided (43%) - some key property details missing 58

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.