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Completely renovated,turn-key investment property in the heart of New Sudbury! The main level unit offers 3 bedrooms,open concept living space and in unit laundry. The lower level 1-bedroom unit offers 9-foot ceilings in the open concept area,as well as a spacious master bedroom with an oversized walk-in closet (also in-unit laundry). Additional features include: Electrical panel upgraded to 200 amp service (2022),furnace is owned (2019),newer windows in the main level unit and new windows in the lower unit (2022),roof is 3 years old,and low maintenance yard. Being less than a 5-minute drive to New Sudbury Centre,walking trails,grocery stores,and multiple restaurants,this property truly provides that ideal location for any owner/tenant! There is even the possibility for buyers to live in one unit,allowing you to live next to mortgage free,in turn helping you financially set yourself up to build your future investment portfolio. Both units are currently vacant,providing you with the opportunity to set your own rents!! With the main level unit market value being $2500 (all inclusive) and the lower level at $1800 (all inclusive),that's a potential to generate $51,600 annually. With estimate annual expenses sitting around $12,000,your potential cap rate for this completely updated property is 6%! Don't wait,book your private showing today! (id:24093)
Listed by SARAH VAILLANCOURT of CENTURY 21 SELECT REALTY LTD,BROKERAGE

Property Details of 1148 Prestige Place

Property Details

Interior Features

Utilities and Appliances

Map Location

"Based on information submitted to CREA as of June 28, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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