29 Laren Street Greater Sudbury (Sudbury), Ontario P0M 3C0
$2,999,900
18-Unit Multi-Residential Investment - Greater Sudbury, ONThis is not your average income property.Located on a quiet dead-end street just 10-15 minutes from New Sudbury, this fully tenanted 1.2-acre property offers 18 rental units across three property types on one title - eight townhomes, a nine-unit apartment building, and a large five-bedroom home.The eight townhomes are the standout cash flow asset. Each has three bedrooms, 1.5 bathrooms, a full basement, and a private backyard. Tenants pay all their own utilities - heat, hydro, and water - separately metered with individual gas furnaces and water heaters. In Northern Ontario's climate, this significantly reduces your operating costs and protects margins year-round.The nine-unit apartment building offers a stable tenant base with coin-operated laundry, secure storage lockers, and newer high-efficiency Viessmann boilers - meaning low heating costs and no major mechanical expenses on the horizon.Attached to the apartment building is a spacious five-bedroom home with vaulted ceilings, in-suite laundry, a den, and an attached garage - ideal for an owner-occupier or premium rental. A massive 24' x 50' detached triple-car garage adds further utility and income potential.Current rents are below market, giving the next owner a clear and built-in path to grow income over time without additional capital investment. Eighteen units on one property also means one insurer, one maintenance contact, and one property manager - straightforward and efficient to operate.Greater Sudbury's rental market is backed by mining, healthcare, government, and two post-secondary institutions - keeping vacancy rates low and demand steady. For investors priced out of Southern Ontario, this market still delivers returns that make financial sense.Fully tenanted. Turn-key. Priced for a quick sale. (id:43681)
房源概要
| MLS® Number | X12956936 |
| 房源类型 | Multi-family |
| 社区名字 | Sudbury |
| 总车位 | 20 |
详 情
| 浴室 | 18 |
| 地上卧房 | 43 |
| 总卧房 | 43 |
| 家电类 | 烘干机, 炉子, 洗衣机, 冰箱 |
| 地下室进展 | 已完成 |
| 地下室类型 | N/a (unfinished) |
| 外墙 | 砖, 乙烯基壁板 |
| 地基类型 | 水泥 |
| 供暖方式 | 电, Natural Gas |
| 供暖类型 | Baseboard Heaters, Forced Air, 地暖 |
| 储存空间 | 2 |
| 内部尺寸 | 5000 - 100000 Sqft |
| 类型 | Other |
| 设备间 | 市政供水 |
车 位
| 附加车库 | |
| Garage |
土地
| 英亩数 | 无 |
| 污水道 | Sanitary Sewer |
| 土地深度 | 130 Ft ,7 In |
| 土地宽度 | 46 Ft ,4 In |
| 不规则大小 | 46.4 X 130.6 Ft |
| 规划描述 | R1-5, R3.d37.5 |
设备间
| 配电箱 | 已安装 |
| 污水道 | 已安装 |
https://www.realtor.ca/real-estate/29557878/29-laren-street-greater-sudbury-sudbury-sudbury
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Toronto Real Estate Board
Exp Commercial Brokerage
May 24 2026 11:48:45
