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365 Bessie Avenue, Greater Sudbury, ON P3C 4H6

8 beds · 3 baths · 3 kitchens · 9+5 rooms · 6 parking spaces · 1100-1500 sq ft · Triplex
$515,000
Property tax
$3,398 / year

Attention investors - this is the kind of asset you hold long term.Fully renovated and strategically updated, this turn-key triplex sits in a high-demand rental pocket and delivers immediate income with two of the three units already tenanted. Each unit is self-contained with its own private entrance and separate hydro meter - clean, simple, and ideal for strong tenant management and consistent cash flow.Extensive renovations have been completed throughout the property.Unit 3 (Basement) was fully gutted and reimagined. Upgraded vinyl flooring, new doors, trim, and baseboards, a completely renovated kitchen with modern cabinetry and countertops, and a refreshed bathroom with new vanity and tiled shower. The spacious layout was intelligently converted from a 1+den into a true 3-bedroom unit, significantly increasing rental potential. Additional upgrades include a new exterior steel door, new fridge and stove, upgraded electrical with pot lights, and plumbing improvements.Unit 2 features a new washer and dryer, new fridge, tile work, fresh caulking, and updated door trim. Unit 1 has been refreshed with a new tiled kitchen backsplash, paint touch-ups, and updated receptacle covers.Building-wide improvements include rewiring of the electrical panel, full clean-up and debris removal, plus major capital upgrades: high-efficiency gas furnace (2019), new hot water heater and exterior door for Unit 1 (2020), new laminate flooring in Units 1 & 3 and interior doors in Unit 3 (2021), additional kitchen and bath upgrades in Unit 3, laminate flooring and doors in Unit 2, and new windows and roof (2022). Ample rear-lane parking adds further value, with potential for a fourth unit (subject to City approval) creating future upside.Walking distance to shopping, schools, parks, libraries, and transit - exactly what renters look for.This is a clean, upgraded, income-producing property in a proven rental area. Opportunities like this don't sit around.

MLS number
X12859344
Type
Triplex
Status
Active
Bedrooms
8
Bathrooms
3
Postal code
P3C 4H6
Photos
33
Laundry
Not in the unit
191days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St David Catholic School
Sudbury CDSB
Elementary301 m5.0 / 10
50% met the standard
Lansdowne Public School
Rainbow DSB
Elementary517 m4.7 / 10
47% met the standard
Adult Day School
Rainbow DSB
Secondary632 mNot reported
Sudbury Secondary School
Rainbow DSB
Secondary659 m6.6 / 10
66% met the standard · 2 of 6 measures
N'Swakamok Anishinawbek Kinomaadwin Gamig
Rainbow DSB
Secondary947 mNot reported
École élémentaire Saint-Joseph
CSDC du Nouvel-Ontario
Elementary780 m9.3 / 10
93% met the standard · 3 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 479 people.

$45,200Median household income
31.8%Own their home
20.8%Detached houses
34Median age
5.6%Born outside Canada
8.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35530089 — the few blocks around this address, home to 479 people. It describes the area, not this property.

479Population
37.7Average age
2Household size
$51,600Average household income
$45,200Median household income
32%Own their home
68%Rent
0%Condominiums
6%Born outside Canada
9%University degree
$310,000Average home value
26%Low income
63%Not in the labour force
47%Never married
Under $5,0004%
$10,000 to $14,9994%
$15,000 to $19,9997%
$20,000 to $24,9994%
$25,000 to $29,9999%
$30,000 to $34,9994%
$35,000 to $39,9997%
$40,000 to $44,9997%
$45,000 to $49,9997%
$50,000 to $59,9997%
$60,000 to $69,9996%
$70,000 to $79,9996%
$80,000 to $89,9996%
$90,000 to $99,9996%
$100,000 and over9%
$100,000 to $124,9997%

Percentages are of the 270 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$103,000 · minimum here is $26,500
$2,280.31per month
Borrowed before insurance$412,000
Total borrowed$412,000
Interest over 25 years at 4.5%$272,093

If you rented it out

-$2,563.48per month out of pocket
Rent$0.00
Everything it costs to hold$2,563.48
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX PREMIER INC.. Listing data provided by the Toronto Regional Real Estate Board.