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$535,000
Ontario,Chelmsford
For Sale Active
44-46 Yonge, Greater Sudbury, Ontario P3B0B7
Basic Details
Description

Calling all investors and house-hackers! This legal nonconforming 3-unit bungalow in the bustling core of Chelmsford is a rare find, offering above an 8% cap rate. Generating a gross annual income of about $57, 600 and a Net Operating Income of around $44, 679, this meticulously maintained 1958 property is fully tenanted by reliable, long-term renters who treat the home

with care. Offering 1, 320 sq. ft. of above-grade living space and a fully finished 1, 320 sq. ft. lower level, the property provides a proven layout for strong rental income. It features an attached garage, a convenient carport for tenant parking, and numerous recent updates (full list available through your realtor). Outside, a fully fenced backyard offers a secure, private space perfect for summer BBQs and cozy evening fires. Situated in a highly walkable location that guarantees low vacancy rates, the property provides residents with immediate access to public transit, commercial services, schools, shopping. Unit 1 can be vacant upon closing (Main Floor, 2 Bed / 1 Bath): A sprawling suite featuring a spacious living room, a large eat-in kitchen, and convenient side-entrance access to the basement. Currently rented at $1, 900/month (inclusive). Unit 2 (Main Floor, 1 Bed / 1 Bath): A cozy, highly rentable suite perfectly sized for a single professional or a couple. Currently rented at $1, 100/month (inclusive). Unit 3 can be vacant upon closing (Lower Level, 1 Large Bed / 1 Bath): A bright and inviting basement suite showcasing an open-concept kitchen and living area, plus a generously sized bedroom. Currently rented at $1, 800/month (inclusive). Whether you are looking to add a reliable, high-performing multi-family property to your investment portfolio or hoping to live in one unit while the others pay your mortgage, this property offers exceptional income potential. Book your showing today! (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2131195
  • Price: $535,000
  • Status: Active
  • Office Name: LPT REALTY ULC
  • Property Sub Type: Multi-family
  • Roof:
  • Office Key: 302268
Features & Appliances
Features
  • Heating System: Forced air
  • Cooling System: None
  • Basement: Full
  • Parking: Garage, Carport
  • Exterior Features: Vinyl siding, Brick
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Ontario, Chelmsford, P0M1L0
  • Longitude: W82° 59' 34.3''
  • Latitude: N46° 29' 31.1''
Additional Information
  • Water Source:
  • Foundation Details:
  • Number Of Units Total: 3
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Listing updated: 2026-11-14 19:10:15
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Listing Information
  • List Agent Key: 2198048
  • List Office Key: 302268
  • Modification Timestamp: 2026-11-05T15:25:11Z
  • Originating System Name: Sudbury Real Estate Board
  • Status Change Timestamp: 2026-11-05T15:15:49Z
Powered by REALTOR.ca
Listing updated: 2026-11-14 19:10:16
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