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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

12 Beds

6 Baths

0.5 Acres Lot

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Est. payment | -/mo

Save

12 Beds

6 Baths

0.5 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

MLS Listing ID X13850896

Style 2-Storey

Bedrooms 12

Annual Tax Amount $4,627

Tax Year 2025

Lot Size 0.500 Acres

Property Sub-Type Multiplex

Property Description

For those looking to build long-term wealth and work toward financial freedom, this is an investment opportunity worth exploring.Located in French River on a year-round road, just 6 minutes from amenities, this solid 6-unit residential building offers an established income stream with 0% vacancy and a mature, long-term tenant base.The building consists of two 2-bedroom units on the lower level, two 3-bedroom units on the main level, and two 1-bedroom units on the second level.Each apartment operates independently, with its own hydro meter and hot water tank. The individual hydro meters also service each tenant's designated parking area, providing convenient access to electricity for winter vehicle plug-ins, vacuuming and more. Units are heated by electric baseboards, with tenants responsible for their own heat and hydro.A seventh hydro meter services the building's common areas, storage rooms, hardwired smoke detectors, central vacuum system and fire alarm pull box.Additional income is generated through the dedicated laundry room, equipped with two sets of coin-operated laundry machines.The property also includes a storage area currently used for tools and paint, along with a dedicated water room featuring a brand-new, top-of-the-line water treatment system and a sump pump with battery backup. All equipment is owned. The building is self-contained with its own drilled well and septic system and has benefited from numerous upgrades and renovations over the years. Pride of ownership is evident throughout, with Units 1 and 3 most recently receiving complete renovations. Situated on a spacious double lot, the property provides ample parking at the front while the additional rear lot offers further space and possibilities for the future. Whether you are an experienced investor looking to expand your portfolio or exploring your first income-producing property, this offering provides an opportunity to own an established, fully occupied multi-residential asset.

Location

Province ON

County Sudbury

Area Sudbury

Zoning RU

Rooms

Family Room No

Basement Full

Kitchen 6

Interior

Interior Features Other

Cooling Wall Unit(s)

Inclusions all appliances, 2 sheds.

Exterior

Parking Features Reserved/Assigned, Front Yard Parking, Available

Pool None

Roof Type Asphalt Shingle

Lot Frontage 208.75

Lot Depth 328.0

Total Parking Spaces 20

Building

Foundation Block

Others

Senior Community No

ParcelsYN No

Listed by Narozanski North Realty Inc

Schools and Properties Nearby

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+1(647) 493-3579

info@tonyledi.com

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10 Green Bay RD French River, ON P0M 1A0