$1,199,000

207 Pine, Sudbury, Ontario, P3C 1X4

MLS® # 2126285

Sudbury ON, P3C 1X4

MLS® # 2126285

Property Information:

Pine Court is a well-maintained six-unit, all-brick apartment building offering strong income and long-term investment stability. Over the past five years, five of the six units have undergone major renovations, allowing the property to achieve solid market rents while maintaining modest operating costs. The building generates gross annual revenue exceeding $102,000 and benefits from efficient expense management. With seven hydro meters in place, all tenants pay their own electricity, helping keep landlord costs low and cash flow predictable. Constructed of durable brick, Pine Court offers low maintenance, consistent rental demand, and proven performance. This is a turn-key multi-residential asset well-suited for investors seeking reliable income and a quality addition to their real estate portfolio. (id:27)

Building Features:

Style: Multiplex
Basement Type: Full
Exterior Finish: Brick, Vinyl siding
Fire Protection: Fire alarm system
Flooring Type: Hardwood, Tile, Vinyl
Foundation Type: Concrete Perimeter
Heating Type: Boiler

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Access Type: Year-round access
Storage Type: Storage in Basement
Zoning: C4(1)
Sewer: Municipal sewage system

Courtesy of: SUTTON-BENCHMARK REALTY INC., BROKERAGE

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Market Price Trends

Location of 207 Pine, Sudbury, Ontario, P3C 1X4

Lifestyle
Neighbourhood

Demographic Information of 207 Pine, Sudbury, Ontario, P3C 1X4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$87,789.24

Average Number of Children

1.47

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.14 %

High school certificate or equivalent

29.25 %

Apprenticeship trade certificate/diploma

4.78 %

College/non-university certificate

30.3 %

University certificate (below bachelor)

0.1 %

University Degree

17.43 %

Commuter

Travel To Work

By Car

76.45 %

By Public Transit

10.24 %

By Walking

8.23 %

By Bicycle

0.0 %

By Other Methods

5.08 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.45 %

Houses

43.55 %

Own Vs. Rent