$ 800.000

339 Elm St, Sudbury Remote Area

10 Photos

339 Elm St, Sudbury Remote Area, ON P3C1V7 Photo 2

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339 Elm St, Sudbury Remote Area, ON P3C1V7 Photo 7

Bedrooms: 11
Bathrooms: 6
MLS®: x8154954
Type: Residential

Added: 48 days ago
Type: Residential
Listed by: Point2

Property Details

Welcome to 339 Elm St Sudbury. This is an impressive legal 4 plex building with 6 total units, 6 total hydro meters. This money-making building currently represents an roughly 8% cap rate! 5 Two bedroom units around 750 Square feet each all identical with many upgrades. 1 bachelor unit. It has 6 parking spots in the back, 3 separate entrances into the building. Most of the roof was replaced in 2023, and unit 2 and unit 1 have extensive modern upgrades. Newer coin operated laundry machines for additional income. See financials for the full breakdown of income and expenses. See city zoning review from 2022 attached that the city acknowledges 5 units, for potential rezoning in the future.

Best Mortgage Rates

Features

Other: 6 Kitchens, Laundry: On Main Level, Faces East
Heating: Radiant, Gas
Sewer/Water Systems: Water Source: Municipal, Sewage Disposal: Sewers

Nearby Places

Name	Type	Address	Distance
Parker House Inn	Restaurant	259 Elm St	0.2 km
Greater Sudbury	By land area, it is the largest city in Ontario an...		0.4 km
Greater Sudbury	Locality	Greater Sudbury	0.4 km
Northern Breweries	Marie, Ontario, in operation from 1907 until 2006....		0.6 km
Days Inn - Sudbury	Lodging	117 Elm St	0.6 km
Sudbury Steelworkers Hall	The Sudbury Steelworkers Hall was a historic labou...		0.6 km
McEwen School of Architecture	It is also the first school of its kind in Norther...		0.8 km
Bella Vita Cucina	Food	493 Kathleen St	0.9 km
Howard Johnson Plaza-Hotel Sudbury	Lodging	50 Brady St	1.0 km
Urban neighbourhoods of Sudbury	This list includes only those neighbourhoods that ...		1.0 km
Respect Is Burning Supperclub	Restaurant	82 Durham St	1.0 km
Pizza Pizza	Restaurant	52 Elm St	1.0 km

Similar Houses Stat in Sudbury Remote Area

We have found 6 Houses that closely match the specifications of the property located at 339 Elm St with distances ranging from 2 to 8 kilometers away. The prices for these similar properties vary between 525,000 and 899,999, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the P3C1V7 postal code area of Sudbury Remote Area Ontario Canada.

339 Elm St mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 339 Elm St. The current price of the property is $800,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $640,000. This would result in a monthly mortgage payment of $3,741 over a 25-year amortization period.

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