DETACHED DUPLEX IN SUDBURY! Assigned

  • $189,999
  • 5 beds
  • 2 baths
  • 1,394 sqft
Assigned

DETACHED DUPLEX IN SUDBURY!

Fix & Flip or Buy and Hold Duplex Opportunity!

$60K BELOW Market Value!

King Street, Sudbury
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King Street, Sudbury

Offer Date: FIRST COME FIRST SERVED
Closing Date: December 3rd, 2025

** Realtors bring us a client and add your commission on top of the purchase price**

Strategies For Success

Duplex Conversion: While the property is currently being used as a single family home, the property is still registered as a duplex with the city! By putting the wall back up, adding the kitchen upstairs and freshening up the interior, the property is ready to be rented out! There is potential to have a perfect BRRR in 2025, like the good old days!

Renovate and Resell: Keep the current layout, renovate the property and sell it as a 5 BEDROOM HOME with a fantastic lot that any end user would love! OR, convert back into a duplex, renovate and sell it as a renovated duplex! With a cheap entry price point, along with some decent spread to ARV, there are multiple exit strategies for all buyers!
Property Overview

Details

  • Detached Duplex
    • Previous Owner removed a wall to make it a single family home
    • Can be easily converted back into a two unit property
  • Beds: 5
    • 3 beds on main floor
    • 2 beds upstairs 
      • One bedroom was previously the kitchen for the upper unit
  • Baths: 2
    • 1 full bath on main floor 
    • 1 full bath upstairs 
  • Kitchens
    • 1 on main floor
    • 1 upstairs that was converted to a bedroom. Sink still in place along with electrical needed for fridge and stove
  • 1,394 sqft above ground
  • Unfinished basement for storage and utilities
    • 5′ ceiling throughout (as per Seller)
  • No garage
  • Built in 1928
  • No leaks or cracks in foundation (as per seller)

Mechanical & Systems

  • Electrical: Fuse panel upstairs, Breaker panel on main, one Hydro meter for both units
    • Combination of aluminum and copper wiring (as per Seller)
  • Furnace: Owned, 4 years old (as per seller)
  • A/C: Owned
    • Seller unsure of age
  • Tankless water heater
    • to be assumed by buyer (rental unit)
  • Appliances included
    • 2x fridge, 1x stove in AS-IS condition

Roof & Exterior

  • Roof replaced in 2021
  • Windows are in fair condition
    • 25+ years old as per old listing, current seller never replaced them

Lot & Location

  • 40 ft x 121 ft lot
  • Property taxes are approx. $2,630
  • Zoning R2-3

Important Notes

  • Seller has the option to leave junk behind—budget recommended for junk removal
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The Numbers

We are selling our assignable purchase contract for this excellent DUPLEX; Buy and Hold or Fix and Flip Opportunity.

  • Wholesale Price: $189,999 or Best Offer
  • We believe that this property is worth $250,000 as-is on the MLS
  • We believe that after the recommended renovations are completed, this property should be worth at least $400,000 on the MLS
  • Purchase today for $60K BELOW MARKET VALUE

Comparable Analysis
394 Bond Street sold for $315,000 in July 2025. This legal duplex was sold with one unit being tenanted and the other being vacant upon possession. This 4 bedroom 2 bathroom property is similar in unit breakdown to the subject property (3+1) and as per the listing is similar in size as well (1100-1500sqft). The comparable also has a partial basement that cannot be finished and is best suited as a storage area. The comparable is in rentable but as is condition and would benefit from some touch ups throughout the house; common when going through tenant turnover.

We believe after making appropriate adjustments, considering the subject property is vacant upon possession, the subject property would sell for $250,000 on the MLS in as is condition.
396 Queen Street sold for $344,600 in September 2025. This 4-bedroom, 2-bath detached duplex sits on a similar 40 ft x 114 ft lot with a similar footprint of 1100-1500 sqft. The comparable is in average condition, and currently has one unit that is tenanted, while the other is vacant. The comparable includes a 1-car detached garage, 1 less bed and a full basement, although it is unfinished (similar to the subject property).

Therefore, after making the appropriate adjustments, we believe the subject property would be expected to sell for approximately $250,000 on the MLS in as-is condition.
274-276 Leslie Street sold for $499,000 in September 2025. This 4-bedroom, 3.5-bath side-by-side duplex sits on a 50 ft x 90 ft lot with a total footprint of 1400-2200 sqft, as per the listing. The comparable has been fully renovated throughout and was sold with both units tenanted! The basement is full, unlike the subject, although it is unfinished. This property presents a better rental opportunity than the subject due to the layout of the side-by-side units.

Therefore, after making appropriate adjustments and completing the recommended renovations, we estimate the subject property would achieve a value of approximately $400,000 on the MLS.
Price:
$189,999
Address:
King Street
Sudbury, Ontario
Square Feet:
1,394
Lot Size:
40 ft x 121 ft lot
Bedrooms:
5
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1928
Basement:
unfinished

Call 647-930-0291 for more details

Property Location