105 RIVERSIDE DRIVE — Greater Sudbury (Sudbury), Ontario

$699,999
Beds:10Baths:5Type:Multi-UnitPostal:P3E1G7
105 RIVERSIDE DRIVE — Greater Sudbury (Sudbury), Ontario - Photo 1 of 15
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Property Description

**ATTENTION INVESTORS! Prime 5-Plex in Sudbury. Discover a solid income-property opportunity in the heart of Sudbury. This well-located five-unit multiplex features five generously sized 2-bedroom apartments-four currently leased and one unit vacant, offering you either immediate revenue or the option to live-in/manage. Minutes to Bell Park, Health Sciences North (HSN) and the Downtown commercial core. With strong tenant demand, excellent walkability and proximity to major employment and lifestyle hubs, this property makes an ideal addition to your portfolio. Investor Benefits: 1. Immediate cash flow from four leased units + ability to control fifth unit vacancy. 2. Desirable 2-bed format supports stable tenancy and strong market appeal. 3. Excellent location supports both occupancy and long-term appreciation. 4. Manageable building scale - ideal for both seasoned investors and owner-operators. 5. Value-added potential through rent increases, unit upgrades or converting the vacant unit into a live-in super arrangement. 6. Excellent transit links - walkable neighbourhood, major GOVA bus routes nearby and easy access to the VIA Rail station. 7. Priced to move - exceptional value for a well-situated multifamily building. Don't miss your chance to acquire a high-demand multifamily asset in one of Northern Ontario's strongest rental markets. (id:63357)

Property Details

Property Type
Multi-Unit
Bedrooms
10
Bathrooms
5
Stories
2.0
Status
Active

Location & Neighborhood

Explore what's nearby 105 RIVERSIDE DRIVE

Nearby Schools

(3)
  • Alexander Public School

    School
    0.2 km
  • École Cap sur l'Avenir

    School
    0.8 km
  • École publique Jeanne-Sauvé

    School
    0.8 km

School information provided for reference. Visit official school board websites for details.

Parks & Recreation

(3)
  • Park

    Park
    0.2 km
  • Worthington Park

    Park
    0.3 km
  • McEwen Park

    Park
    0.7 km

Transit Access

(5)Transit Info
5 Stops
  • Riverside

    4805
    46m
  • Broadway

    4810
    61m
  • Douglas

    4820
    99m
  • O'Connor

    4885
    0.3 km
  • Winchester

    4830
    0.3 km

Local Amenities

(10)
9 dining1 health

dining

  • Café Petit Gâteau
    0.4 km
  • The Cinco Centavos
    0.5 km
  • Peppi Panini
    0.6 km
  • + 6 more

health

  • Michaud Medical Pharmacy
    0.6 km
POI data updated recently

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$699,999