1344 Regent Street, Sudbury, Ontario

About 1344 Regent Street

Excellent investment opportunity in Sudbury’s highly desirable south end on Regent Street, one of the busiest and most visible locations in the city. This property features a building with two separate units, making it ideal for both investors and first-time homebuyers. The top-floor apartment is currently rented at $1,600 per month, all inclusive, while the basement unit is vacant and could be rented out at approximately $1,200 per month. Together, these units provide a solid rental income that can help cover mortgage costs and other expenses. The property sits on an extra-deep lot with C3 zoning, opening up a wide range of future development or commercial opportunities. The house itself is a spacious structure that can be renovated to suit your needs, although it does require some TLC. For first-time homebuyers, this property offers the perfect opportunity to live in one unit and generate rental income from the other as a mortgage helper, making homeownership more attainable. Located in a high-traffic area with excellent visibility, this property is a rare find with versatile potential. Whether you're looking for an investment, a live-in option with rental income, or future development possibilities, this property is definitely worth a closer look. (id:6289)

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