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$1,899,900
Ontario,Sudbury
For Sale Active
1590 Kelly Lake Road, Sudbury, Ontario P3E4M1
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Basic Details
Description

Great investment property in Sudbury’s South End location. This building has been meticulously maintained by the owners for over 37 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 6.52% and gross income over $158K! 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 (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2124668
  • Price: $1,899,900
  • Status: Active
  • Property Sub Type: Multi-family
  • Roof:
  • Office Key: 79955
Features & Appliances
Features
  • Heating System: Baseboard heaters
  • Basement: None
  • Exterior Features: Brick, Vinyl siding
  • Flooring: Concrete, Carpeted, Parquet
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Ontario, Sudbury, P3E4M1
  • Longitude: W82° 58' 20.7''
  • Latitude: N46° 27' 38.1''
Additional Information
  • Water Source:
  • Foundation Details:
  • Stories: 3.0
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Listing updated: 2025-12-29 22:01:47
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Listing Information
  • List Agent Key: 2106130
  • List Office Key: 79955
  • Modification Timestamp: 2025-09-12T20:55:23Z
  • Originating System Name: Sudbury Real Estate Board
  • Status Change Timestamp: 2025-09-12T20:41:22Z
Powered by REALTOR.ca
Listing updated: 2025-12-29 22:01:48
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