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Listed by PARIKSHIT PATEL RED AND WHITE REALTY INC. BROKERAGE
$ 119,999
Est. payment /mo
Active
144 Mountain ST Sudbury, ON P3B 2R2
UPDATED:
Key Details
Property Type Other Types
Sub Type Multi Family Vacant Lot
Listing Status Active
Purchase Type For Sale
Subdivision Flour Mill/Donovan S308
MLS Listing ID 2128312
Available Date 2026-06-04
Property Sub-Type Multi Family Vacant Lot
Property Description
Attention investors, builders, and developers! Rare opportunity to acquire a strategically located residential development site in the heart of Sudbury's growth corridor.
144 Mountain St offers the potential for a purpose-built triplex development featuring approximately 3,456 sq. ft. of living space across 3 modern residential units. Significant planning and design work has already been completed, with comprehensive architectural, structural, and mechanical drawings prepared, helping reduce development timelines and pre-construction costs.
Established residential neighbourhood and aligned with the City's intensification objectives, this property presents an exceptional opportunity to capitalize on Sudbury's strong rental market and ongoing housing demand.(Almost 9% CAP rate)
The proposed design emphasizes modern, energy-efficient construction, including premium features such as hydronic in-floor heating and spacious layouts designed to attract quality long-term tenants. Based on current market conditions, the project has been analyzed with strong rental income potential and attractive projected returns.
Key highlights:
• Development-ready residential lot
• Proposed triplex design with appro. 3,456 sq. ft. of living space
• Perit set (Architectural, structural, and mech.) available
• Located within a designated growth and intensification area
• Strong demand for quality rental housing in Sudbury
• Excellent opportunity for investors seeking long-term cash flow and asset appreciation
• Convenient access to downtown amenities, schools, transit, healthcare, and employment centres
Whether you're an experienced developer looking for your next project or an investor to expand your portfolio with a purpose-built rental asset, 144 Mountain St presents a compelling opportunity in one of Northern Ontario's most resilient housing markets.
Buyer to do their own due diligence regarding permits, development approvals, zoning, costs, and financial projections.
144 Mountain St offers the potential for a purpose-built triplex development featuring approximately 3,456 sq. ft. of living space across 3 modern residential units. Significant planning and design work has already been completed, with comprehensive architectural, structural, and mechanical drawings prepared, helping reduce development timelines and pre-construction costs.
Established residential neighbourhood and aligned with the City's intensification objectives, this property presents an exceptional opportunity to capitalize on Sudbury's strong rental market and ongoing housing demand.(Almost 9% CAP rate)
The proposed design emphasizes modern, energy-efficient construction, including premium features such as hydronic in-floor heating and spacious layouts designed to attract quality long-term tenants. Based on current market conditions, the project has been analyzed with strong rental income potential and attractive projected returns.
Key highlights:
• Development-ready residential lot
• Proposed triplex design with appro. 3,456 sq. ft. of living space
• Perit set (Architectural, structural, and mech.) available
• Located within a designated growth and intensification area
• Strong demand for quality rental housing in Sudbury
• Excellent opportunity for investors seeking long-term cash flow and asset appreciation
• Convenient access to downtown amenities, schools, transit, healthcare, and employment centres
Whether you're an experienced developer looking for your next project or an investor to expand your portfolio with a purpose-built rental asset, 144 Mountain St presents a compelling opportunity in one of Northern Ontario's most resilient housing markets.
Buyer to do their own due diligence regarding permits, development approvals, zoning, costs, and financial projections.
Location
Province ON
Exterior
Parking Features Other