24 Fairview Avenue

Sudbury · MLS® 2129311

House · Multi-family · 96 days on market

listed by MARY JEBREEN, ROYAL LEPAGE REALTY TEAM BROKERAGE

realtor's description

Unlock premium investment potential with this exceptional, low-maintenance fourplex featuring four unique 1-bedroom loft-style units that command high demand. Each unit boasts architectural character with cottage-style beam ceilings, a spacious 6’ x 12’ private balcony, and the comfort of gas fireplaces, all supported by durable steel beam construction. Tenants enjoy the ultimate convenience of secure, under-building parking with individual plug-ins, contributing to an impressive track record of near-zero vacancy. While currently operated as an ""all-in"" model, the building is already fully equipped with separate gas and electric meters, offering an immediate, turnkey opportunity for a new owner to transition to tenant-paid utilities and significantly boost the property’s cap rate. Shingles were just updated in 2023!

property details

type: House, Multi-family
parking: 0
days on market: 96
MLS®: 2129311

monthly cost

$2,131/mo

Mortgage $2,131

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$2,131/ monthly

loan $391,200

25-year amortization

down payment20% · $97,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $247,958
cash to close: $97,800; down payment; transfer tax and fees not included
total paid: $639,158

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.