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$850,000

Sudbury ON, P3C 4M8

MLS® # 40741121

Property Information:

This well-maintained multi-residential building features six self-contained units, offering a mix of bachelor, one-bedroom, and two-bedroom apartments. Fully tenanted with strong rental income and consistent occupancy, the property delivers excellent cash flow potential.Recent upgrades to the electrical and plumbing systems provide added security and lower maintenance concerns for investors. With a current cap rate of approximately 8%, this is a solid income-generating opportunity with room for future appreciation.Ideally located near schools, public transit, shopping, and other local amenities, the building’s location is highly attractive to tenants.Financial statements are available upon request.Don’t miss this rare opportunity to own a versatile and profitable multi-unit property in a desirable location.The sellers are open to a VTB arrangement.

Inclusions: Other

Building Features:

  • Floor Space: 2258 Square Feet

Property Features:

  • Bedrooms: 8
  • Acres Range: < 0.5
  • Basement: Full, Partially Finished
  • Construction Materials: Brick
  • Cooling: None
  • Driveway Parking: Lane/Alley Parking, Private Drive Double Wide
  • Floor Space (approx): 2258 Square Feet
  • Heating: Radiant
  • Laundry Features: Coin Operated
  • Lot Depth: 120 Feet
  • Lot Features: Rectangular, Airport, Ample Parking, Business Centre, City Lot, High Traffic Area, Highway Access, Hospital, Library, Open Spaces, Park, Place of Worship, Playground Nearby
  • Lot Frontage: 66.00 Feet
  • Parking Features: Detached Garage
  • Road Frontage Type: Year Round Road
  • Roof: Shingle
  • Water Source: Municipal
  • Waterfront Features:
  • Zoning: R2-3
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 10

Courtesy of: One Percent Realty Ltd.

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Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 341 Antwerp Avenue, Sudbury, ON, P3C 4M8

Demographic Information of 341 Antwerp Avenue, Sudbury, ON, P3C 4M8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$73,327.44

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.69 %

High school certificate or equivalent

35.89 %

Apprenticeship trade certificate/diploma

6.19 %

College/non-university certificate

23.55 %

University certificate (below bachelor)

0.16 %

University Degree

6.52 %

Commuter

Travel To Work

By Car

68.51 %

By Public Transit

20.37 %

By Walking

10.51 %

By Bicycle

0.0 %

By Other Methods

0.61 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

59.28 %

Houses

40.72 %

Own Vs. Rent