Jean St, Sudbury
Closing Date: November 26th, 2026*** The buyer to make 5k deposit to sellers lawyer***
** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
- FIX AND FLIP: Replace the roof, refresh the front apartment to eliminate pet odours, and complete targeted renovations to bring the vacant units up to market standards. With the main-floor unit already tenanted and the basement apartment reportedly close to turn-key, focus on essential repairs, electrical updates as needed, and addressing the aging furnace. Keep costs controlled and re-list to maximize the property’s flip potential!
- BRRR: Complete the same renovations as a fix & Flip but once stabilized, refinance based on the property’s improved value to potentially recover invested capital while building long-term rental income and equity!
Details
- Bungalow Triplex
- 2 x 2 bed 1 bath units
- 1 x 3 bed 1 bath unit
- 871 Sqft above ground on one side & 579 sqft above ground on the other
- 871 sqft below grade on one side & 654 sqft below grade on the other.
- Finished basement with 2 bed 1 bath apartment
- All 3 units have separate entrance and Hydro meters.
- Built in 1936
Mechanical & Systems
- Electrical: Breaker panel for Basement unit, and Back unit. Front unit is Fuses
- Furnace: Owned, 1 furnace for whole property, Approximately 20 years old as per seller.
- A/C: No AC
- HWT: Owned, installed in 2022
- Appliances included: 3 Fridges, 3 Stoves, 2 Washers, 2 Dryers in as is condition
Roof & Exterior
- Roof: Due to be replaced as per seller
- Windows: 4 new windows in basement done in 2022, others are in good shape.
Lot & Location
- 33ft x 120ft
- Property taxes are approximately $3,926
- R2-2 Zoning
Important Notes
- Seller has the option to leave junk behind—budget recommended for junk removal
- 2 Units are Vacant while one is tenanted.
- Tenanted 3 bed unit for $1500 per month all inclusive
- Slight Pet smell in front unit
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| The Numbers
We are selling our assignable purchase contract for this excellent Fix & Flip or Buy & Hold opportunity.
- Wholesale Price: $310,000 or Best Offer
- We believe this property will sell for at least $495,000 on the MLS once the recommended renovations are complete.
Comparable Analysis |
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| 121 Bloor Street – Sold for $360,000 in August 2026. This comparable triplex, built in 1940, features two 2-bedroom units and one 2+1 bedroom unit, a finished basement, and electric baseboard heat on a 49.79′ x 119.92′ lot. The comparable has a similar unit mix and age to the subject property. It wasn’t fully renovated before it sold, its larger unit has two full bathrooms, and it sits on a wider lot. However, the subject property offers separate entrances and separate hydro meters for all three units, and one unit is already tenanted at $1,500/month all inclusive. After making the appropriate adjustments, we believe the subject property would be expected to sell for approximately $360,000 on the MLS in AS-IS condition! |
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| 127 Pine Street – Sold for $495,000 in September 2026 after only 13 days on the MLS, over its $475,000 asking price! This comparable 2-storey triplex, built in 1945, features three 2-bedroom units, including a finished basement apartment with a separate entrance, parking for 5, and approximately 2,000–2,500 sqft on a 33.33′ x 120′ lot. The comparable has been well maintained, with a newer roof, breaker panel, windows and heat pump. Both properties sit on nearly identical lots, and the subject’s 3-bedroom unit gives it one more bedroom than this comparable. The subject also has separate hydro meters for all three units. After making the appropriate adjustments and completing the recommended renovations, we believe the subject property would be expected to sell for approximately $495,000 on the MLS! |
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