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Home ON Greater Sudbury Sudbury
797 Ontario Street
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797 Ontario Street $700,000
5 days ago
$700,000
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797 Ontario Street
Sudbury, Ontario P3E4K9

MLS® Number: 2121310

Listing Description

Solid 7-Unit Investment with 7.9% Cap Rate & Upside Potential Set in Sudbury’s desirable central west end, this well-maintained 7-unit building is a prime opportunity for any savvy investor. With a strong 7.9% cap rate and great existing income, this property is already working hard for you—with even more room to grow. Recent upgrades including a new roof, newer windows, and updated soffits, fascia, and eavestroughs mean peace of mind and fewer capital expenses for years to come. The bones are solid, the location is central, and the units are poised for increased rental income with simple cosmetic refreshes or repositioning. Whether you're expanding your portfolio or making your first multi-unit move, this is the kind of property that checks all the right boxes: reliable income now, upside potential tomorrow. (30196639)

Property Summary

Property Type
Multi-family
Title
Freehold
Land Size
under 1/2 acre
Parking Type
Parking Space(s)
Time on REALTOR.ca
5 days

Building

Interior Features
Basement Type
Full
Building Features
Foundation Type
Concrete
Rental Equipment
None
Total Units
7
Heating & Cooling
Heating Type
Boiler
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Roof Style
Unknown (Asphalt shingle)
Exterior Finish
Brick imitation
Parking
Parking Type
Parking Space(s)

Land

Lot Features
Road Type
Paved road
Other Property Information
Access
Year-round access
Zoning Description
R2-3
Data provided by: Sudbury Real Estate Board 190 Elm Street, Sudbury, Ontario P3C 1V3

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