29 Desjardins Street, Garson

29 Desjardins Street, Garson, ON P3L1N8 Photo 1

56 Photos

29 Desjardins Street, Garson, ON P3L1N8 Photo 2
29 Desjardins Street, Garson, ON P3L1N8 Photo 3
29 Desjardins Street, Garson, ON P3L1N8 Photo 4
29 Desjardins Street, Garson, ON P3L1N8 Photo 5
29 Desjardins Street, Garson, ON P3L1N8 Photo 6
29 Desjardins Street, Garson, ON P3L1N8 Photo 7
  • MLS®: 2115645
  • Added: 34 days ago

Property Details

Welcome to an exceptional investment opportunity located at 29 Desjardins St in Garson. This immaculate and well-maintained nine-plex building offers a lucrative chance to expand your portfolio and secure steady rental income with an impressive 7% cap rate. The building boasts a solid rental history and is partially occupied allowing you to set your own rents for increased cash flow. There are six one-bedroom units, two two-bedroom units and one three-bedroom unit all of which are well laid out, updated and large. With a good location near Falconbridge Rd, the Airport, Golf Course, Public Transit, and Shopping, these units are highly desirable for tenants seeking convenience and accessibility. Other features include coin laundry facilities, ample parking with plug ins for each unit and individual unit temperature control.Whether you’re a seasoned investor looking to add to your portfolio or a newcomer seeking a promising venture, this nine Plex building offers endless possibilities for financial growth and success. Don’t miss out on this rare opportunity! (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Cooling: None
  • Heating: Boiler
  • Basement: Full
  • Photos Count: 56
  • Water Source: Municipal water
  • Common Interest: Freehold
  • Parking Features: Gravel
  • Road Surface Type: Paved road
  • Foundation Details: Concrete
  • Zoning Description: R3.D60
  • Number Of Units Total: 9
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Nearby Places

Name Type Address Distance
Garson Mine Garson mine was developed around 1908 by Mond Nick... 1.0 km
Garson Mine Establishment Mine Rd 1.0 km
Tim Hortons Cafe 3000 Falconbridge Hwy 1.6 km
Sudbury (electoral district) The district is one of two serving the city of Gre... 3.9 km
Sudbury (provincial electoral district) It is one of the two districts serving the city of... 3.9 km
Happy Valley, Greater Sudbury, Ontario The community was first inhabited in 1906 by worke... 4.4 km
Edison Building (Falconbridge) Located at 5 Lindsley Street in the community of F... 4.6 km
Sudbury Junction railway station It is the third station stop west of Toronto for t... 4.9 km
Great Lakes Pizza Company Meal delivery 1955 Lasalle Blvd 6.4 km
Food Basics Grocery or supermarket 1800 Lasalle Blvd 6.5 km
Teklenburg's Restaurant Restaurant 1893 Lasalle Blvd 6.5 km
Cambrian College University 1400 Barry Downe Rd 6.7 km
29 Desjardins Street mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 29 Desjardins Street. The current price of the property is $1,549,000, 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 $1,239,200. This would result in a monthly mortgage payment of $7,243 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 50
University / Below bachelor level 10
Certificate of Qualification 20
College 140
University degree at bachelor level or above 60

Neighbourhood Marital Status Stat

Married 295
Widowed 25
Divorced 25
Separated 10
Never married 155
Living common law 40
Married or living common law 335
Not married and not living common law 210

Neighbourhood Construction Date

1961 to 1980 50
1981 to 1990 20
1991 to 2000 65
2001 to 2005 15
2006 to 2010 10
1960 or before 80
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105 Odonaghue Street, Garson 3386 Falconbridge Highway, Garson 229 Catherine Drive, Garson 71 Odonaghue Drive, Garson 3375 Falconbridge Hwy, Garson 3440 Falconbridge, Garson 40 Odell St, Clarington 375 Pine Street Unit B 3, Garson