740 Martindale Road Sudbury, Ontario P3E 4H7
$384,000
Welcome to 740 Martindale Road, located in Sudbury’s desirable West End. This solid duplex offers roughly 6% Cap Rate and is well-suited for both new and seasoned investors. The upper unit features 2 bedrooms and 1 bathroom and is currently rented for $1,691 + hydro. The main-floor unit offers 3 bedrooms, 1 bathroom, 2 separate entrances, currently rented for $1,470 all-inclusive. Both units provide strong rental demand with the opportunity to increase value and rents through future updates when turnover occurs. The basement includes shared laundry, storage space, a gas furnace, and two electrical panels. With approximately 795 sq. ft., the basement offers potential for additional development, featuring two rooms with windows in place and an existing 3-piece bathroom. Outside, the partially fenced backyard provides a comfortable outdoor space for tenants in this family-friendly neighbourhood. A great opportunity to expand or start your investment portfolio with a well-located income-generating property. (id:47351)
Property Details
| MLS® Number | 2125815 |
| Property Type | Multi-family |
| Amenities Near By | Playground, Public Transit, Schools |
| Equipment Type | None |
| Rental Equipment Type | None |
| Road Type | Paved Road |
| Storage Type | Storage In Basement |
Building
| Basement Type | Full |
| Exterior Finish | Stucco |
| Flooring Type | Laminate |
| Foundation Type | Block |
| Heating Type | Forced Air |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 2 |
| Utility Water | Municipal Water |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Land Amenities | Playground, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Total Text | 4,051 - 7,250 Sqft |
| Zoning Description | R2-3 |
https://www.realtor.ca/real-estate/29154197/740-martindale-road-sudbury
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December 02 2025 02:50:55
Sudbury Real Estate Board
Royal LePage North Heritage Realty, Brokerage