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$1,020,000

Greater Sudbury (Sudbury) ON, P3E 1G8

MLS® # X12260498

Property Information:

Prime Investment Opportunity: The Anna 6-Plex with In-Law Suite in Sudbury Discover The Anna, a well maintained 6-plex with an additional2-bedroom in-law suite, strategically located in the heart of Sudbury. This turnkey multi-family property combines modern upgrades, reliable cash flow, and low maintenance, making it an exceptional investment opportunity. Property Highlights Configuration: Seven spacious 2-bedroom units, including one in-law suite, all fully occupied with a mix of long-term tenants at near-market rental rates. Rental Income: Unit 1: $1,600/month (all-inclusive)Unit 2: $1,650/month + hydro Unit 3: $1,450/month + hydro Unit 4: $1,450/month + hydro Unit 5: $1,300/month + hydro Unit 6: $1,350/month + hydro Unit 7: $1,620/month (all-inclusive)Laundry: $300/month Total Monthly Income: $9,720Annual Gross Income: $116,640Taxes 2025Modern Upgrades:$8974Updated kitchens and refreshed bathrooms in all units. Fresh paint and hardwood flooring in most units, enhancing tenant appeal. Six units feature private walkout porches, providing desirable outdoor living space. Cost-Efficient Operations: Six units equipped with individual hydro meters; tenants in five units cover their own hydro expenses, minimizing owner costs. New boiler installed in 2022 for reliable heating. Rented hot water tank on-site coin laundry facilities add convenience and reduce maintenance overhead. Investment Advantages: (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 9600 sqft
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Dryer, Hood Fan, Washer

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit
  • Floor Space (approx): 9600 Square Feet
  • Irregular: Yes
  • Lot Depth: 72.0 Feet
  • Lot Frontage: 40.0 Feet
  • Lot Size: Bldg=40 x 72 FT
  • Zoning: R2-3
  • No. of Parking Spaces: 5

Courtesy of: COMFREE

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 90 RIVERSIDE DRIVE, Greater Sudbury (Sudbury), Ontario, P3E 1G8

Demographic Information of 90 RIVERSIDE DRIVE, Greater Sudbury (Sudbury), Ontario, P3E 1G8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$121,660.90

Average Number of Children

1.82

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.83 %

High school certificate or equivalent

24.6 %

Apprenticeship trade certificate/diploma

4.71 %

College/non-university certificate

25.1 %

University certificate (below bachelor)

1.29 %

University Degree

34.47 %

Commuter

Travel To Work

By Car

78.41 %

By Public Transit

11.36 %

By Walking

5.57 %

By Bicycle

1.26 %

By Other Methods

3.4 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

45.22 %

Houses

54.78 %

Own Vs. Rent