507 MELVIN AVENUE
Sudbury · P3C4X7
$250,000
About this residence
Welcome to 507 Melvin, a solidly built duplex featuring two spacious 2-bedroom units in a central location just minutes from downtown. This property offers the perfect combination of affordability, convenience, and potential—ideal for those looking to break into the housing market or expand their investment portfolio. Each unit is bright and functional, with well-proportioned rooms and practical layouts that tenants and owners alike will appreciate. The central location means easy access to shopping, transit, schools, and parks, making it an attractive option for renters and homeowners. Whether you choose to live in one unit and rent the other to offset your mortgage, or rent out both for steady income, this property is a smart move in today’s market. (id:61366)
Property details
- Property type
- Single Family
- Style
- House
- Ownership
- Freehold
- Bedrooms
- 4
- Bathrooms
- 2
- MLS®
- 2125525
- Board
- Sudbury
- Status
- Inactive
- Listed
- Nov 6, 2025
- Updated
- Nov 6, 2025
Features & finishes
Heating
- Forced air
Basement
- Full
Parking
- Gravel
Sewer & Utilities
- Municipal sewage system
Financing
Estimated monthly payment
$1,169/mo
Loan amount
$200,000
Down payment
$50,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Sudbury
Nearby
About the area
Census · P3C- 17,596
- Population
- 38
- Median age
- $54,000
- Median income
- $260,000
- Median home value
- 35%
- Home ownership
- 21 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 507 MELVIN AVENUE?
507 MELVIN AVENUE is listed for $250,000, in Sudbury.
How many bedrooms and bathrooms does 507 MELVIN AVENUE have?
It offers 4 bedrooms and 2 bathrooms.
What type of home is 507 MELVIN AVENUE?
507 MELVIN AVENUE is a Single Family, House.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $1,169. Use the mortgage calculator above to model your own scenario.
What is the Sudbury area like?
Sudbury has a population of about 17,596, a median age of 38, a 35% home-ownership rate, with an average commute of about 21 minutes.
What is the average home value in Sudbury?
The median dwelling value in this area is approximately $260,000, based on census data via Neighbourly.
What is the median household income in Sudbury?
The median household income in this area is approximately $54,000.
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