Income today with room to add value at 422 King Street / 499 Percy Avenue. This property features a triplex and a separate one-bedroom single-family home, offering options for investors, renovation buyers and those looking to owner-occupy. The triplex currently generates an 11.37% cap rate, with a two-bedroom unit becoming vacant October 31, 2026—an opportunity to move in while collecting rental income from the other units. The single-family home is ready for renovation, providing potential for a BRRR investor to improve the home, increase rental income and build overall property value. A versatile investment with existing income, upcoming vacancy and a clear opportunity to make improvements. (id:4069)
Address
422 King Street / 499 Percy Avenue
List Price
$525,000
Property Type
Multi-family
Transaction Type
Sale
Area
Ontario
Sub-Area
Sudbury
Frontage Length
40 ft
MLS® Number
2131121
Listing Brokerage
REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE
Basement Area
Full
Postal Code
P3B2L1
Zoning
R2-3
Ownership
Freehold
Site Influences
Public Transit, Schools, Shopping
Heat Type
Forced air, High-Efficiency Furnace
Water Source
Municipal water
Access To Property
Year-round access
Sewer
Municipal sewage system
