227 231-235 KING ST St, Sudbury, Ontario, P3C2W2, Sudbury, ON

$888,900
Est. Mortgage /mo

MLS® 40561219

$888,900
Est. Mortgage /mo
Agent photor
Dan Marusin
Renanza Realty
877-506-0434
Go See This Home Now
2 Stories
lot 0 sqft
0 sqft
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Property details

Awesome investment opportunity or even better create a life where you can live where you work! The laundromat is thriving with amazing google reviews and a 4.7 star rating! Make no mistake this is two buildings at one price plus a very successful laundromat business that includes its goodwill and equipment! First building at 227 King is a detached single-family house with one tenant, three bedrooms and a potential for a fourth with a separate entrance to a lower level for lots of storage. The adjacent building at 231-233-235 King comprises two upper apartments with tenants and the laundromat on the main floor that has been operating since the early 60's! The laundromat is very well equipped with 14 washers & 20 dryers under 14 years old and offers room for further expansion and even other business opportunities. Lower level is a vast space for the mechanical workings for the building and the business with lots of other workshop space as a huge bonus. This building has 4 hydro meters and parking spaces are both at front & also at rear off the back laneway. There is a retrofit available for 231-233-235 King building from June 2010. This property presents multiple income streams with its residential units and established commercial enterprise, making it a versatile investment opportunity. DO NOT APPROACH THE EMPLOYEES OR TENANTS UNDER ANY CIRCUMSTANCES RELATING TO THIS LISTING. INCOME AND EXPENSE INFORMATION MAY BE AVAILABLE UPON BUYING AGENT AND BUYER SIGNING AN NDA. (id:26763)

Location Details
Area Canada
State Ontario
City Sudbury
Postal Code P3C2W2
Sub-Area/Community Greater Sudbury
Property Metrics
Stories 2
Floor Area Total (Sq.ft) 0
Financial Details
List Price 888,900

Neighborhood Info

Private Schools
Elementary
Tawingo College
Above Average
182.94 km
No Rating
Details
Elementary
Tawingo College
Above Average
182.94 km
No Rating
Details
Closest Transit
Sudbury
Prom Music Centre
0.08 km

The closest Elementary independent school to this home for sale located at 227 231-235 KING STREET Street, Sudbury, Ontario, P3C2W2 is Tawingo College with School's rating No Rating, located 182.94 km from this home.

The closest to this address 227 231-235 KING STREET Street, Sudbury, Ontario, P3C2W2 Secondary independent school is Tawingo College with School's rating No Rating, located 182.94 km km from this home

The freshest crime data from Statistics Canada are from 2020. There were 9,997 volation disturbances in this neighbourhood. The overall crime rate near the address - 227 231-235 KING STREET Street, Sudbury, Ontario, P3C2W2, Sudbury, ON is 5,917.94. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Above Average rate in 2020. Year by year change in the total crime rate is -4.6%

Drug crime rate next to the listing for sale MLS® 40561219 is Average comparing to other neighbourhoods. The illegal substances offences rating is 80.51. This is the amount of drug crime incidents per 100,000 population. There were 136 illegal substances lawbreaking disturbances in this city in 2020. Year by year change in the illegal substances offences ranking is 0.5%

Property crimes in the neighbourhood close to real estate listing for sale 227 231-235 KING STREET Street, Sudbury, Ontario, P3C2W2 are High. Property misconduct rating adjacent to MLS® 40561219 is 3,448.24. There were 5,825 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -6.7%

There were 2,412 violent lawbreaking disorders in 2020. 1,427.84 and it is Above Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 12.5%

The closest Bus station is Prom Music Centre in 0.08 km away from this listing with - MLS® 40561219.

8.2% of people with university certificate/degree live in this neighbourhood adjacent to the 227 231-235 KING STREET Street, Sudbury, Ontario, P3C2W2 which is Low in comparison with other BC neighbourhoods. 30.1% of population in this neighbourhood that is near the Listing MLS® 40561219 have no certificate or degree. This number is High compared to the average in BC.

Median Household Income near this dwelling with the address 227 231-235 KING STREET Street, Sudbury, Ontario, P3C2W2, Sudbury, ON is $31275 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® 40561219 is $21128 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 62.5% which is Above Average.

Unemployment rate in the area around MLS® Listing # 40561219 is 17.1 which is High in comparison to the other province neighbourhoods.

This real estate is located in 227 231-235 KING STREET Street, Sudbury, Ontario, P3C2W2 Greater Sudbury where population change between 2011 and 2016 was -1.5%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 227 231-235 KING STREET Street, Sudbury, Ontario, P3C2W2, Sudbury, ON is 1889.8 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 227 231-235 KING STREET Street, Sudbury, Ontario, P3C2W2 is 2.7. This is Below Average number in comparison to the whole region. Percent of families with children near by the MLS® - MLS® 40561219 is 68.2% and it is Above Average. % of Married or living common law is around 35.3% and it is Low.

Average age of the population close to the 227 231-235 KING STREET Street, Sudbury, Ontario, P3C2W2 is 37.9 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 227 231-235 KING STREET Street, Sudbury, Ontario, P3C2W2, Sudbury, ON is $209457 and this is Low comparing to other areas in British Columbia

Average Owner payments are Below Average in the area adjacent to 227 231-235 KING STREET Street, Sudbury, Ontario, P3C2W2. $1072 owners spent in average for the dwelling. Tenants are paying $708 in this district close to MLS® 40561219 and it is Low comparing to other cities.

76.8% of Population in this district near the 227 231-235 KING STREET Street, Sudbury, Ontario, P3C2W2 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 227 231-235 KING STREET Street, Sudbury, Ontario, P3C2W2, Sudbury, ON is 37%, it is High, % of English speakers only is 61.2% and Low. % of French speakers adjacent to 227 231-235 KING STREET Street, Sudbury, Ontario, P3C2W2 only is 1.5% and it is Above Average. % of Neither English nor French speakers close to home for sale 227 231-235 KING STREET Street, Sudbury, Ontario, P3C2W2, Sudbury, ON is 0.1% and it is Low comparing to other BC cities.

19.7% of all population in the area around this property with the address 227 231-235 KING STREET Street, Sudbury, Ontario, P3C2W2, Sudbury, ON using Public Transport which is Above Average, 66.8% of using population are using Cars around MLS® 40561219, which is Low. 0.8% of people using Bicycles around the 227 231-235 KING STREET Street, Sudbury, Ontario, P3C2W2 and it is Below Average. 9.3% of population are walking which is Above Average

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Local Info

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Home Price
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/month
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Property Taxes $202
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Listing Price Comparision

This house $1,400,000
Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Agent photor
Dan Marusin
Renanza Realty
877-506-0434
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