105 Riverside Drive, Greater Sudbury, Ontario P3E 1G7

Listed for:
$699,999
10 beds
5 baths
Listed 6 days ago
Other for rent: 105 Riverside Drive, Greater Sudbury, Ontario P3E 1G7

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Learn more about this property
Listing provided by:
CENTURY 21 ATRIA REALTY INC.
MLS® number:
X12529020
Agent:
Arushi Sidhwani
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About

Cross Streets: DOUGLAS ST W AND RIVERSIDE DR. ** Directions: AS PER GOOGLE MAPS. **ATTENTION INVESTORS! Prime 5-Plex in Sudbury. Discover a solid income-property opportunity in the heart of Sudbury. This well-located five-unit multiplex features five generously sized 2-bedroom apartments-four currently leased and one unit vacant, offering you either immediate revenue or the option to live-in/manage. Minutes to Bell Park, Health Sciences North (HSN) and the Downtown commercial core. With strong tenant demand, excellent walkability and proximity to major employment and lifestyle hubs, this property makes an ideal addition to your portfolio. Investor Benefits: 1. Immediate cash flow from four leased units + ability to control fifth unit vacancy. 2. Desirable 2-bed format supports stable tenancy and strong market appeal. 3. Excellent location supports both occupancy and long-term appreciation. 4. Manageable building scale - ideal for both seasoned investors and owner-operators. 5. Value-added potential through rent increases, unit upgrades or converting the vacant unit into a live-in super arrangement. 6. Excellent transit links - walkable neighbourhood, major GOVA bus routes nearby and easy access to the VIA Rail station. 7. Priced to move - exceptional value for a well-situated multifamily building. Don't miss your chance to acquire a high-demand multifamily asset in one of Northern Ontario's strongest rental markets. (id:27476)

Property Highlights

MLS® Number
X12529020
Type
Multi-family
Community Name
Sudbury
Land Size
40 x 120 FT
Parking Space Total
4

Building

Building Type
Other
Storeys
2.00
Square Footage
3000 - 3500 sqft
Bathrooms Total
5
Bedrooms Above Ground
10
Bedrooms Total
10
Amenities
Separate Electricity Meters
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A, N/A (Partially finished)
Basement Features
Apartment in basement
Building Heating Type
Heating Fuel
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location