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Listed by KEANDRA BEAUVAIS RE/MAX CROWN REALTY INC. (SUDBURY)
$1,850,000
Est. payment /mo
New
1590 Kelly Lake RD Sudbury, ON P3E4M1
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Key Details
Property Type Other Types
Sub Type 9 - 12 Unit
Listing Status Active
Purchase Type For Sale
Subdivision Lockerby S412
MLS Listing ID 2130474
Available Date 2026-09-18
Property Sub-Type 9 - 12 Unit
Property Description
Great investment property in Sudbury's South End location. This building has been meticulously maintained by the owners for over 39 years! There are ten 2-bedroom units and one 1-bedroom unit. All 2-bedroom units feature a walk-in-closet, pantry, and a spacious living and dining room. The 8 units on the second and third floors have a balcony, some overlooking Robinson Lake. All tenants pay their own heat and hydro, have access to a storage locker and a parking spot. The building has been extremely cared for over the years. Upgrades include but not limited to the 40-year shingles (2014), energy efficient doors (2008) and windows (2005), paved driveway and parking lot, fire suppression system (2012). The building has an improved cap rate of 6.29% and gross income over $178K! The current owners have treated the current tenants like family for all these years. This building is more than just numbers, it is an all brick and concrete building that will bring pride of ownership to the new investors for years to come. You Tube Video: https://www.youtube.com/watch?v=2RmRj8ypMPE
Location
Province ON
Rooms
Basement None
Interior
Heating Baseboard
Flooring Carpet, Concrete, Parquet
Inclusions Fridge (11x), Stove (11x), Washer (2x), Dryer (2x)
Exterior
Exterior Feature Brick, Vinyl Siding
Parking Features Assigned, Paved, Plug Ins
Garage Spaces 17.0
Building
Foundation Concrete Slab
Others
Senior Community 31 to 50 Y
Nearby Locations
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