$1,199,000

207 Pine, Sudbury, Ontario, P3C 1X4

MLS® # 2126285

Sudbury ON, P3C 1X4

MLS® # 2126285

Property Information:

Solid all-brick six-plex on Pine Street offering strong in-place income and recent unit upgrades. Built in 1939 on a 50 ft x 120 ft lot, this property features six self-contained apartments with separate entrances, individual electrical panels, gas boiler radiator heat, and laneway parking for approx. 8 vehicles. Several units have been updated with new kitchens, refreshed bathrooms, butcher-block counters, tile backsplashes, stainless steel appliances, glass walk-in showers, refinished hardwood floors, and fresh paint (renovations completed 2021–2024). On-site coin laundry, rear interior fire escape (Units 3–6), basement storage, and seven hydro meters. Current gross income approx. $102,296 annually. Located approx. 2.0 km to Downtown Sudbury core, approx. 1.6 km to Elm Place shopping, with bus routes along Pine Street. Turn-key multi-unit investment with consistent tenant demand. (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