$299,900
For sale: Multiplex

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.
Sold data
Homes in Greater Sudbury (Sudbury) took a median of 23 days to sell over the last 365 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 53, across 66 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.
The median sale price was $677,450.
Homes sold for about 1.6% below asking on average, so there was room to negotiate.
About 32% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 66 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Greater Sudbury (Sudbury) has 1 Fraser Institute–rated school (1 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
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