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506 Lasalle Boulevard Sudbury, Ontario P3A 1W9

Baseboard Heaters

$1,650,000

Nestled in the vibrant heart of Lasalle Blvd, this 10-unit multifamily property presents an enticing prospect for seasoned investors and newcomers alike. Strategically positioned within walking distance to all amenities and conveniently situated on a bus route, this property ensures unparalleled accessibility for tenants. Its prime location also places it in close proximity to Revenue Canada, College Boreal, and Cambrian College, making it an ideal choice for students, faculty, and professionals seeking quality rental accommodations. Step inside to discover a wealth of features designed to enhance tenant satisfaction and investor profitability. The inclusion of in-building coin-operated laundry facilities not only adds convenience for residents but also serves as an additional revenue stream for savvy investors. Many units within the property boast coveted balcony spaces, providing tenants with private outdoor retreats to relax and soak in the urban ambiance. Recent updates throughout several units ensure modern comfort and appeal, further enhancing the property's allure and value proposition. With a few units leased below market rates, there exists significant room for rental escalation, promising substantial future returns. Whether you're looking to expand your portfolio or embark on your first venture into multifamily ownership, this property invites you to capitalize on the thriving Sudbury rental market! (id:38174)

Property Details

MLS® Number 2115548
Property Type Multi-family
Amenities Near By Public Transit, Shopping
Equipment Type Water Heater - Electric
Rental Equipment Type Water Heater - Electric

Building

Basement Type Full, Unknown
Exterior Finish Brick
Flooring Type Laminate, Linoleum
Foundation Type Unknown
Heating Type Baseboard Heaters
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 3
Utility Water Municipal Water

Land

Access Type Year-round Access
Acreage No
Land Amenities Public Transit, Shopping
Sewer Municipal Sewage System
Size Total Text Under 1/2 Acre
Zoning Description R1-3

https://www.realtor.ca/real-estate/26628527/506-lasalle-boulevard-sudbury

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RE/MAX Crown Realty (1989) Inc., Brokerage (Sudbury)
1349 Lasalle Blvd Suite 208
Sudbury, Ontario P3A 1Z2

(705) 560-5650
(800) 601-8601
(705) 560-9492
www.remaxcrown.ca/

RE/MAX Crown Realty (1989) Inc., Brokerage (Sudbury)
1349 Lasalle Blvd Suite 208
Sudbury, Ontario P3A 1Z2

(705) 560-5650
(800) 601-8601
(705) 560-9492
www.remaxcrown.ca/

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