Two-bedroom fixer-upper with basement suite potential near downtown

Property details for 464 Mckim Street, Sudbury

Type: Residential
Bedrooms: 2
Bathrooms: 1
Basement: Full
Parking: Detached Garage
Heating: Forced air
Ownership: Freehold

You're about 10 minutes from downtown Sudbury and a short walk to Bella Vita Cucina and Parker House Inn. This 2-bed, 1-bath house on McKim Street is a solid starter or rental play. Main floor has a big living room and there's a full kitchen and another bathroom in the basement, which could easily become an in-law suite or student rental for Collège Boréal. Detached garage and wide lot (37-foot frontage) give you plenty of parking and workspace. It's not fancy, but the bones are fine, and at $225K, it's well under the nearby median of $252,500. Place sold for around $240K in the last month, so there's room to build equity if you're willing to put in some sweat. It's been on the market only 14 days on average, so it's moving. You'll want to add your own touches, but the layout works for a first-time buyer or an investor. Backyard is decent-sized and the street is quiet. Zoning is R2-3, so there might be options. Bring your toolbox and a vision.

About 464 Mckim Street, Sudbury — Property Score

Well Priced

Score: 60/100

Value

Priced 48.3% below area median of $434,950 based on 26 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

2 bedrooms - 1 fewer than similarly priced 3-bedroom homes nearby 48

1 bathroom - 1 fewer than similarly priced properties nearby 48

109 sqft lot - a small lot for the area 45

Location

$52K median household income - below the Canadian average of $70K 56

73% of residents hold postsecondary credentials - a highly educated neighbourhood 82

67% homeownership rate - a balanced mix of owners and renters 77

88% of residents commute under 30 minutes - excellent commuter accessibility 100

396/km² population density - a rural or semi-rural setting 55

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

No premium extras like pool, waterfront, or view 50

Investment

33% renter population - moderate rental market 70

Quality

Condition

Listing

25 photos provided - below the area average of 42 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.