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Royal LePage
Royal LePage
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$699,000

Sudbury ON, P3C 4A2

MLS® # 2125561

Property Information:

An exceptional investment opportunity in Sudbury’s West End, this solid brick sixplex at 3–5 Eyre Street features 6 above-grade one-bedroom units (4 compact and 2 larger suites) delivering an annual gross income of over $75,000 with an 8.2% cap rate. The property offers stable tenancy, municipal services, natural gas heating via a hot water boiler system, and a detached garage with rental potential. Zoned R2-3 on a 64.99' x 88' lot with fire code compliance (March 2025), a fully approved safety plan, and positive cash flow projections. This property offers an attractive price per unit and significant potential to increase value through strategic improvements, making it ideal for a BRRRR investment approach. Its location provides convenient access to public transit, schools, and downtown amenities. Detailed financials are available upon request. (id:27)

Building Features:

  • Style: Multiplex
  • Basement Type: Partial
  • Exterior Finish: Brick
  • Flooring Type: Vinyl
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Boiler

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Year-round access
  • Amenities Nearby: Park, Public Transit, Shopping
  • Road Type: Paved road
  • Zoning: R2-3
  • Sewer: Municipal sewage system
  • Parking Type: Parking Spaces

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 3-5 Eyre Street, Sudbury, Ontario, P3C 4A2

Demographic Information of 3-5 Eyre Street, Sudbury, Ontario, P3C 4A2

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

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