Housing is in short supply in many areas throughout the province. This Sudbury property is certainly a unique opportunity that comes with huge rental potential.
25-27 Eyre Street is a 4-unit property with the potential to get a 5th unit authorized. The home includes 3 large 2-bedroom units, 1 1-bedroom unit and the chance to add a very large 5th unit that includes 3+ bedrooms.
The 5th unit is actually a full house of its own and has the potential to bring in very high bonus rent for the owner of this property.
Two of the units are currently rented out and two are vacant. The breakdown is as follows:
- Unit 1 – 2 bedrooms
Currently rented at $1,550 plus hydro - Unit 2 – 2 bedrooms, unoccupied
Since this is vacant, you can set your own rent - Unit 3 – 2 bedrooms
Currently rented at $1,495 plus hydro - Unit 4 – 1 bedroom, unoccupied
Since this is vacant, you can set your own rent
The units are light and bright, with neutral flooring, large principal rooms, white or neutral kitchens and modern bathrooms. The larger, 2-bedroom units have all been renovated over the last 10 years.
The home features updated electrical and a gas boiler that is approximately 12 years old. One unit runs on electric heat while all of the other units are heated by the gas boiler.
“They show very well,” says listing agent Didi Martin. “The 5th unit needs work but has great potential—the sky is the limit. It’s perfect for someone who is looking for an income property.”
The location is great too, as you are close to downtown, schools, restaurants, shopping, bus routes and so much more.
Martin, who is local and fully bilingual, has 19 years of experience working in real estate. “I have vast knowledge of the market in the City of Greater Sudbury and surrounding areas, and I bring a wealth of experience and expertise,” says the REALTOR®.
“My core value as a real estate agent is putting my clients first, ensuring transparency and maintaining the highest standards of integrity. I go above and beyond to deliver outstanding service, ensuring my clients not only achieve their real estate goals but also enjoy a positive and stress-free experience throughout the process.”
Martin offers full-service listings at a 0.5% listing fee. “I want to put more money in your pocket,” she says. “It’s simple math.”
For more information about this home, view the full listing.
You can reach REALTOR® Didi Martin of Unreserved Brokerage at 705-698-4340. You can also follow the brokerage on Facebook.
