125 days on market
$399,900
For Sale

53 Main St E

Rayside-Balfour, Greater Sudbury

5+null Bed|3 Bath|Yes|125 days on market

$399,900

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Home Details

Taxes
$295 / month
Total Parking Spots
3
Driveway
Mutual
Garage Spaces
NaN
Furnished
No
Lot Size
50 x 99.5 Feet
Move-in Date
May 10, 2025
Building Age
51-99 Years
Hydro Included
No
Heating
Forced Air
Water Included
No
Family Room
Yes
Basement
Crawl Space
Fireplace
N
Air Conditioning
None
Central Vaccum
No
Exterior
Vinyl Siding
Zoning
R2-2
Sewer
Sewers
Property Type
Triplex
Style
2-Storey
Status
New
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Listing Description

Attention investors! Discover this cash-flowing triplex offering a standout opportunity with $47,522 in annual income and a solid net operating income of $32,743. Featuring two 2-bedroom units and one 1-bedroom unit, the property is separately metered for hydro, with two of the three tenants paying their own utilities. Recent upgrades include all-new windows, an efficient natural gas furnace, and a 2019 roof replacement on most sections of the property (with just one section remaining). Financials are available upon request. Unit 3 is currently tenanted but offers excellent value-add potential with some updates needed, giving investors the chance to increase returns even further. Located in a quiet town just a short drive from Sudbury, this triplex offers convenient access to schools, parks, shopping, and public transit. A rare chance to secure a cash-flowing asset in a desirable location - don't miss out!
3 Stoves, 3 Fridges

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Nov 9, 2024152$475,000N/ATerminatedX10416569

Rooms

Room dimensions for 53 Main St E, Greater Sudbury
Br
10 x 10100 sqft

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 53 Main St E is 2266

Price

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$399900
Down Payment$79980
Mortgage Insurance$0
Total Mortgage$319920

Monthly Payment


Mortgage Payment$1971
Property Taxes$294
Maintenance Fees$0
Monthly Payment$2266
$2266
monthly

About 53 Main St E, Greater Sudbury

Located at 53 Main St E , this Greater Sudbury house is available for sale. This property was listed for $399,900 on Fri Apr 11 2025. This house's size is < 700 Sqft. It has 5 bedrooms and 3 bathrooms. The property includes the following rooms: Br. This property comes with 3 parking spots. 53 Main St E, Greater Sudbury is situated in the Rayside-Balfour neighbourhood.


MLS#: X12076787 · $399,900 · 5 bedroom house in Rayside-Balfour, Greater Sudbury