Property Information:

This well-maintained multi-residential building features six self-contained units, offering a mix of bachelor, one-bedroom, and two-bedroom apartments. Fully tenanted with strong rental income and consistent occupancy, the property delivers excellent cash flow potential. Recent upgrades to the electrical and plumbing systems provide added security and lower maintenance concerns for investors. With a current cap rate of approximately 8%, this is a solid income-generating opportunity with room for future appreciation. Ideally located near schools, public transit, shopping, and other local amenities, the building’s location is highly attractive to tenants. Financial statements are available upon request. Don’t miss this rare opportunity to own a versatile and profitable multi-unit property in a desirable location. The sellers are open to a VTB arrangement. (id:27)

Building Features:

Style: Multiplex
Basement Development: Partially finished
Basement Type: Full
Exterior Finish: Brick
Floor Space: 2258 sqft
Heating Type: Radiant heat
Cooling Type: None

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 8
Bathrooms: 6
Access Type: Highway access
Amenities Nearby: Airport, Hospital, Park, Playground
Community Features: High Traffic Area
Features: Laundry- Coin operated
Floor Space (approx): 2258 Square Feet
Irregular: Yes
Lot Depth: 120 Feet
Lot Frontage: 66 Feet
Lot Size: 0.18 Acres
Zoning: R2-3
Sewer: Municipal sewage system
Parking Type: Detached garage
No. of Parking Spaces: 10

Courtesy of: One Percent Realty Ltd.

More Detail

Less Detail

Demographic Information of 341 ANTWERP Avenue, Sudbury, Ontario, P3C 4M8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$73,327.44

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.69 %

High school certificate or equivalent

35.89 %

Apprenticeship trade certificate/diploma

6.19 %

College/non-university certificate

23.55 %

University certificate (below bachelor)

0.16 %

University Degree

6.52 %

Commuter

Travel To Work

By Car

68.51 %

By Public Transit

20.37 %

By Walking

10.51 %

By Bicycle

0.0 %

By Other Methods

0.61 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

59.28 %

Houses

40.72 %

341 ANTWERP Avenue, Sudbury, Ontario, P3C 4M8