I have listed a new property at 1042 Grandview in Sudbury. See details here

Step into modern comfort and convenience at 1042 Grandview Drive, a fully renovated 2-storey home located in the desirable neighbourhood of New Sudbury. With considerable upgrades throughout the house. House also has self-contained basement suite with side entrance, which could be used as mortgage helper, can earned an investor additional cashflow or could be your additional living space. Key Features: 4 Bedrooms and full bathroom upstairs, main floor half bath Featuring new vanities and updated finishes. Upgraded Kitchen with brand new countertops, new stove and range microwave, 2 Sets of Washer & Dryer– One for each unit New Interior Doors, new AC5 grade waterproof flooring, All bedroom and closet doors replaced, Freshly Painted Throughout. Bright morning sun facing windows on both floors with modern interior. Huge 108 ft. Deep Lot gives you ample space in backyard, perfect for outdoor living or future development. Location is just minutes away from Cambrian college, New Sudbury Center, schools with transit stop right on corner. This home offers unmatched convenience in a highly sought-after neighbourhood. Whether you looking for your first home or you are an investor either way, this home delivers value and versatility. Ready to start new chapter of your life with this home? Book your showing today to this move in ready home! (id:2493)

I have listed a new property at 505 Laforest in Sudbury. See details here

### **Investment Opportunity – 505 Laforest Ave, Sudbury, ON** Welcome to **505 Laforest Ave**, a prime multi-unit investment property in the heart of **Greater Sudbury**! This well-maintained, newly upgraded **9-unit residential building** offers an excellent opportunity for investors looking for a strong return in a thriving rental market. The property consists of one 3-bedroom unit, six 2-bedroom units, one 1-bedroom unit, and one studio unit, along with an unfinished 1,000 sq. ft. basement with potential for conversion. With a current cap rate of **8.13%** and a potential cap rate of **10.89%**, this property generates an annual income of **$175,632**, with the potential to increase to **$219,540** through rental adjustments and additional revenue streams, including coin laundry, garage rentals, and a vending machine. Many of the units have been newly renovated between 2022 and 2024, featuring modern finishes and updated appliances, ensuring a well-maintained and attractive living environment for tenants. Over 350k Worth renovations have been done in property in last 2 years, including whole electrical system. Located in a thriving Sudbury neighborhood, 505 Laforest Ave offers easy access to schools, parks, shopping centers, and restaurants, making it highly desirable for renters. Nearby amenities include Sudbury Secondary School and St. Charles College, grocery stores such as Food Basics and Your Independent Grocer. Sudbury’s real estate market is an attractive investment opportunity, with a **booming economy** supported by strong industries in mining, healthcare, and education. The city offers **high rental demand**, consistent occupancy rates, and strong property appreciation, making it an ideal location for real estate investors. Affordable real estate prices, coupled with ongoing infrastructure development, position Sudbury as a growing investment hotspot with promising long-term returns. (id:2493)