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Listed by SAM SHENG HOMELIFE LANDMARK REALTY INC, BROKERAGE
$ 939,000
Est. payment /mo
Active
590 Norman ST Sudbury, ON P3E 4C6
UPDATED:
Key Details
Property Type Other Types
Sub Type Residential Units
Listing Status Active
Purchase Type For Sale
Subdivision West End/Gatchell S310
MLS Listing ID 2130092
Available Date 2026-08-31
Property Sub-Type Residential Units
Property Description
Exceptional turnkey investment opportunity in Sudbury's established West End! This well-maintained 6-unit multi-residential building (5 x 1-Bedroom units + 1 x Bachelor suite) delivers strong, proven cash flow and outstanding income stability. Financial & Investment Highlights: Strong In-Place Cash Flow: Generates over $87,000+ in annual gross revenue with attractive net operating yields. Property & Mechanical Features: Reliable Heating: Electric baseboard heaters and efficient gas-fired boiler with radiant water heating. Electrical: 200Amp main service with individual sub-panels. Extra Revenue: On-site coin-operated laundry facility in the common basement area. Prime Lot & Amenities: 40' x 125' lot backing directly onto tranquil parkland. Features ample on-site surface parking and individual tenant storage sheds. Prime Location: High-demand rental market with low vacancy rates, close to transit, shopping, schools, and downtown. Ideal addition to any portfolio. Full rent roll and financial package available upon receipt of a signed Confidentiality Agreement. Heating System Note: 5 units are currently heated by independent electric baseboard heaters; 1 bachelor suite is heated via gas boiler / water radiators.
Location
Province ON
Interior
Heating Baseboard, Radiator
Inclusions All existing appliances including six fridges, six stoves, fixed kitchen exhaust fans, one coin-operated washer and one dryer, hot water tank & boiler system, three sheds in backyard.
Exterior
Parking Features Surfaced
Garage Spaces 5.0
Others
Senior Community 51 to 99 Y