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Royal LePage
Royal LePage
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$1,249,900

Sudbury ON, P3E 4G8

MLS® # 2125458

Property Information:

Discover this exceptional multi-residential property offering 9 units in total at 642–646 St. Clair Street Sudbury. Four 1-bedroom units, two 1-bedroom + den, one 2-bedroom unit, and two bachelor apartments. Each unit is equipped with separate hydro meters and panels, along with an additional meter for the common area. The property also features four separate entrances for tenant convenience and privacy. The building is heated by a gas boiler installed in 2023, ensuring efficient operation. Five of the units have been recently renovated, leaving opportunity for further rent roll increases and enhanced returns on investment. A detached garage with electric heat and its own panel is currently not used by tenants, providing additional income potential. Shared amenities include one card-operated washer and dryer serving the property. Perfectly positioned in the heart of Sudbury’s West End, this property offers excellent accessibility, and proximity to key amenities. With strong current occupancy, stable income, and room for value-add improvements, 642–646 St. Clair Street presents a compelling opportunity for investors seeking both immediate cash flow and long-term growth potential. (id:27)

Building Features:

  • Style: Multiplex
  • Basement Type: Unknown
  • Exterior Finish: Brick
  • Fire Protection: Fire alarm system
  • Flooring Type: Tile, Vinyl, Other, Carpeted
  • Foundation Type: Concrete
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Boiler

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Year-round access
  • Road Type: Paved road
  • Zoning: R2-3
  • Sewer: Municipal sewage system

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⚠ Potential Investment Performance

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Location of 642-646 St Clair Street, Sudbury, Ontario, P3E 4G8

Demographic Information of 642-646 St Clair Street, Sudbury, Ontario, P3E 4G8

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$101,403.71

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.84 %

High school certificate or equivalent

31.84 %

Apprenticeship trade certificate/diploma

5.32 %

College/non-university certificate

25.16 %

University certificate (below bachelor)

0.37 %

University Degree

18.47 %

Commuter

Travel To Work

By Car

82.52 %

By Public Transit

8.96 %

By Walking

3.72 %

By Bicycle

0.0 %

By Other Methods

4.8 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.22 %

Houses

72.78 %

Own Vs. Rent

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