366-368 Pine Street Sudbury, Ontario P3C 1X8
$799,000
This fully rented, cash-flow-positive 6-unit all-brick apartment building offers immediate income with value-add potential. It includes two 2-bedroom units (with basements for future expansion) and four 1-bedroom units, with three units recently renovated featuring modern finishes and white cabinetry. Features include six hydro meters, two natural gas furnaces, and a paved driveway. Key upgrades include shingles (2022), fire-rated doors and windows, fire escape improvements and partial electrical updates with ESA certification, ensuring a well-maintained and compliant building. Situated on a 50’ x 122’ lot in an R2-3 zoned area, the property is municipally serviced and generates strong, stable rental income. With an 9% cap rate, this opportunity offers a rare chance to acquire a turnkey, high-yield asset in Sudbury’s growing market. (id:61445)
Property Details
| MLS® Number | 2125587 |
| Property Type | Multi-family |
| EquipmentType | None |
| RentalEquipmentType | None |
| RoadType | Paved Road |
Building
| BasementType | Full |
| ExteriorFinish | Brick |
| HeatingType | Forced Air |
| RoofMaterial | Asphalt Shingle |
| RoofStyle | Unknown |
| StoriesTotal | 3 |
| UtilityWater | Municipal Water |
Parking
| Parking Space(s) |
Land
| AccessType | Year-round Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeTotalText | 4,051 - 7,250 Sqft |
| ZoningDescription | R2-3 |
https://www.realtor.ca/real-estate/29086209/366-368-pine-street-sudbury
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Cassandra Beach
Salesperson
860 Lasalle Blvd
Sudbury, Ontario P3A 1X5
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November 10 2025 02:49:36
Royal LePage North Heritage Realty, Brokerage