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About This Property

Looking for an affordable way to become a homeowner? Welcome to 381 Granite Street. This property offers a great opportunity for first-time buyers who want to get into the housing market while benefiting from additional rental income. With a 2-bedroom unit and a separate 1-bedroom unit, you can enjoy your own space while having the potential income from the second unit help offset your monthly housing costs. Both units are currently rented, offering income from day one, while giving a future owner the flexibility to explore an owner-occupied arrangement in accordance with applicable tenancy requirements. Conveniently located close to everyday amenities and just minutes from downtown Sudbury, this is an opportunity to start building equity without having to carry the entire cost of homeownership on your own. Why keep renting when you could start building something of your own? 381 Granite Street - an affordable first step into homeownership with income potential built in. (id:63604)

Key Facts

Type

Multi-family

Beds

Baths

Size

700 sqft

Lot

110 x 95 FT

Parking

4 total

Property Details 15 details

Bedrooms

3 bedrooms

3 above grade

Bathrooms

3 bathrooms

Parking

4 parking spaces

No Garage

Living area

700 - 1,100 sq. ft.

Property

Multi-family · Attached

Property subtype

Multi-family

Structure type

Duplex

Attached status

Attached

Storeys

1.50

Basement

Partially finished, Full

Heating

Forced air, Natural gas

Cooling

Window air conditioner

Fireplace

Lot dimensions

110 x 95 FT

Frontage

110 feet

Taxes

$2,734.98 (2,025)

Water source

Municipal water

Sewer

Sanitary sewer

Exterior features

Aluminum sidingConcrete

Lot and water

Irregular lot size

Mortgage & Affordability Estimate monthly costs

Down payment (%) Interest rate (annual %) Amortization (years) Property taxes (% of price) Condo/HOA fee (monthly)

Insurance/Other (monthly) Utilities (monthly)

Mortgage Tools Buyer/Seller Snapshot

Purchase price$299,900

Down paymentNot available

Mortgage amountNot available

Principal & interestNot available

Property taxesNot available

Condo/HOA feeNot available

Insurance/OtherNot available

UtilitiesNot available

Est. monthly totalNot available

Income needed (GDS 32%)Not available

Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Map is approximate.

Neighbourhood

Area: Sudbury
City: Greater Sudbury
Postal code: P3C 2N8
Nearby: Cross Streets: Kathleen and Frood. ** Directions: Follow Beatty Street that turns to Granite Street.