391 Suffolk Lane
Sudbury, Ontario
Multi-family
Fantastic investment opportunity just minutes from downtown. This well-maintained triplex offers strong cash flow with an impressive 8.61% cap rate, making it an ideal addition to any investor’s portfolio. The property features three self-contained units. The main floor 2 bedroom is currently rented for $1,550 + hydro as of July 1st. The upper floor 2 bedroom is currently rented for $1,399.95 + hydro. The basement one bedroom is rented for $1,250/month (all-inclusive). Recent updates include a recently redone roof (August 2025), providing peace of mind for years to come. The low-maintenance lot leaves virtually no yard work, making management simple and efficient. Additional features include: parking for two vehicles, three separate hydro meters, walking distance to shops, restaurants, transit, and other amenities near downtown. With a gross annual income of $50,399, this property is already producing excellent returns. Whether you’re a seasoned investor or just getting started, this turnkey triplex is a proven money maker. Don’t miss this opportunity to own a solid income property with strong cash flow!
Price History
Schools
Elementary
- École élémentaire Saint-Joseph0.3 km
French Catholic · CSDC du Nouvel-Ontario · 75 students
Grade 3 reading: 100% met the provincial standard
- Queen Elizabeth II Public School0.6 km
Public · Rainbow DSB · 185 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 21% met the provincial standard
- Marymount Elementary Academy0.7 km
Catholic · Sudbury CDSB · 190 students
Secondary
- Adult Day School0.5 km
Public · Rainbow DSB · 95 students
- Sudbury Secondary School0.6 km
Public · Rainbow DSB · 515 students
Grade 10 literacy: 78% met the provincial standard
- Collège Notre-Dame0.6 km
French Catholic · CSDC du Nouvel-Ontario · 345 students
Grade 10 literacy: 96% met the provincial standard
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
Multi-family 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 multi-family properties in Sudbury over the last 12 months.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Mortgage Calculator
$94,000
Estimated Monthly Payment
$2,309
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,309/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $118/mo
Estimates only. Consult a financial advisor.
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