402 Frood Road
Sudbury, Ontario
Other
Excellent investment opportunity with this commercial/residential building in a prime location. The main floor offers a flexible office layout with 7 offices, currently rented for $2,000/month on a triple-net basis (tenant also pays taxes, utilities, and insurance for the entire building). There is opportunity to increase rent. All interior office walls are non-load-bearing, allowing for maximum customization to suit future needs. The upper level, with a separate entrance, features two apartments: a 2-bedroom unit renting for $1,650/month and a loft-style open-concept apartment renting for $850/month, both on month-to-month leases, utilities included. The building is a former TD Bank, exceptionally well-built. Current owner occupies the main level and is willing to stay as a tenant for at least three more years, or vacate if buyer wishes to occupy. Vendor is also willing to consider a VTB (Vendor Take-Back) for qualified buyers.
Price History
Schools
Elementary
- St David Catholic School0.1 km
Catholic · Sudbury CDSB · 325 students
Grade 3 reading: 69% met the provincial standard · Grade 6 math: 18% met the provincial standard
- Lansdowne Public School0.7 km
Public · Rainbow DSB · 300 students
Grade 3 reading: 58% met the provincial standard · Grade 6 math: 29% met the provincial standard
- École élémentaire Saint-Joseph0.9 km
French Catholic · CSDC du Nouvel-Ontario · 75 students
Grade 3 reading: 100% met the provincial standard
Secondary
- Sudbury Secondary School0.8 km
Public · Rainbow DSB · 515 students
Grade 10 literacy: 78% met the provincial standard
- Adult Day School0.8 km
Public · Rainbow DSB · 95 students
- N'Swakamok Anishinawbek Kinomaadwin Gamig1.1 km
Public · Rainbow DSB
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area P3C
- Population
- 17,596
- Private dwellings
- 10,143
- Median age
- 38
- Average household size
- 1.9
- Median household income
- $54,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Other in Sudbury · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of other properties in Sudbury over the last 12 months.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Mortgage Calculator
$127,980
Estimated Monthly Payment
$3,144
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,144/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $160/mo
Estimates only. Consult a financial advisor.
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