$215,000
$225,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
SOLD DATE : 07/20/2025
Key Details
Sold Price $215,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Approx. Sqft < 700
Subdivision Sudbury
MLS Listing ID X12153824
Sold Date 07/20/25
Style Bungalow
Bedrooms 3
Annual Tax Amount $2,410
Tax Year 2025
Property Sub-Type Detached
Property Description
Welcome to 623 Kingsway, a tenanted 3-bedroom, 1-bath property in a high-demand Sudbury location that delivers steady income and solid value for investors. Generating $20,880 annually in rental income, this home has seen thoughtful updates over time, including refreshed flooring, a functional kitchen, a sun-filled front sunroom, an upgraded electrical panel, and a newer central air unit installed in 2022. The layout includes a spacious back deck and ample off-street parking, appealing to long-term tenants. Situated on a main road close to schools, shopping centers, and public transit, this property combines consistent rental performance with excellent location benefits. Financials are available upon request. Zoned R2-3, this property may offer future redevelopment flexibility or duplex conversion potential with city approval. With reliable tenancy already in place, it presents a hands-off investment opportunity for those seeking to enter or expand in the Sudbury rental market.
Location
Province ON
County Greater Sudbury
Community Sudbury
Area Greater Sudbury
Zoning FD, R3-1
Rooms
Family Room Yes
Basement Finished
Kitchen 1
Interior
Interior Features Water Heater
Cooling Central Air
Exterior
Parking Features Available
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.0
Lot Depth 120.0
Total Parking Spaces 8
Building
Foundation Concrete
Others
Senior Community No
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