53 Main Street E
Rayside-Balfour
Greater Sudbury
P0M 1L0
$399,900
Residential Freehold
beds: 5
baths: 3.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- X12076787
- Bedrooms:
- 5
- Bathrooms:
- 3
- Photos (17)
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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!
- Property Type:
- Residential Freehold
- Property Sub Type:
- Triplex
- Home Style:
- 2-Storey
- Approx. Age:
- 51-99
- Total Approx Floor Area:
- < 700
- Depth:
- 99'6"30.3 m
- Frontage:
- 50'15.2 m
- Direction Faces:
- North
- Bedrooms:
- 5
- Bathrooms:
- 3.0
- Water supply:
- Municipal
- Kitchens:
- 3
- Bedrooms Above Grade:
- 5
- Kitchens Above Grade:
- 3
- Rooms Above Grade:
- 14
- Ensuite Laundry:
- No
- Zoning:
- R2-2
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Foundation:
- Concrete
- Roof:
- Asphalt Shingle
- Basement:
- Crawl Space
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Features:
- Mutual
- Parking Spaces:
- 3
- Total Parking Spaces:
- 3.0
- Family Room:
- Yes
- Pool:
- None
- HST Applicable To Sale Price:
- Included In
- Taxes:
- $3,530.51 / 2024
- Assessment:
- $- / -
- Greater Sudbury
- Rayside-Balfour
- Greater Sudbury
- Water Meter, Separate Hydro Meter
- Hot Water Tank
- 3 Stoves, 3 Fridges
- Vinyl Siding
- Floor
- Type
- Size
- Other
- Main
- Bedroom
- 3'5"1.04 m × 3'5"1.04 m
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- None
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
Larger map options:
Listed by EXP REALTY
Data was last updated April 24, 2025 at 06:15 AM (UTC)
- ANDREW JOHN COCKS
- COCKS INTERNATIONAL REALTY INC., BROKERAGE
- 1-705-380-3166
- info@cocksrealty.ca
- LAURA BLAKEY
- COCKS INTERNATIONAL REALTY INC., BROKERAGE
- 705-349-8060
- laura@cocksrealty.ca
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