3 Bedroom
1 Bathroom
Bungalow
Central Air Conditioning
Forced Air
$225,000
Welcome to 623 Kingsway, a tenanted 3-bedroom, 1-bath property in a high-demand Sudbury location that delivers steady income and solid value for investors. Generating $20,880 annually in rental income, this home has seen thoughtful updates over time, including refreshed flooring, a functional kitchen, a sun-filled front sunroom, an upgraded electrical panel, and a newer central air unit installed in 2022. The layout includes a spacious back deck and ample off-street parking, appealing to long-term tenants. Situated on a main road close to schools, shopping centers, and public transit, this property combines consistent rental performance with excellent location benefits. Financials are available upon request. Zoned R2-3, this property may offer future redevelopment flexibility or duplex conversion potential with city approval. With reliable tenancy already in place, it presents a hands-off investment opportunity for those seeking to enter or expand in the Sudbury rental market. (id:41954)
Property Details
MLS® Number
|
X12153824 |
Property Type
|
Single Family |
Community Name
|
Sudbury |
Parking Space Total
|
8 |
Building
Bathroom Total
|
1 |
Bedrooms Above Ground
|
3 |
Bedrooms Total
|
3 |
Appliances
|
Water Heater, Dryer, Stove, Washer, Refrigerator |
Architectural Style
|
Bungalow |
Basement Development
|
Finished |
Basement Type
|
N/a (finished) |
Construction Style Attachment
|
Detached |
Cooling Type
|
Central Air Conditioning |
Foundation Type
|
Concrete |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
1 |
Type
|
House |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
Size Depth
|
120 Ft |
Size Frontage
|
50 Ft |
Size Irregular
|
50 X 120 Ft |
Size Total Text
|
50 X 120 Ft |
Zoning Description
|
Fd, R3-1 |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
https://www.realtor.ca/real-estate/28324652/623-kingsway-greater-sudbury-sudbury-sudbury