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226 Oak Street

226 Oak Street

Sudbury, Ontario

Multi-family

$1,240,000

Excellent investment opportunity! This solid all-brick 6-plex is located in the highly desirable West End and is fully rented, offering immediate and stable rental income. The building features two 1-bedroom units and four 2-bedroom units, appealing to a strong tenant base. Property includes coin-operated laundry providing additional income and individual storage for each unit. 6 parking spots in the rear of the building. Efficient gas boiler heating system, one of the most economical heating options for this type of building. Well-maintained property with great potential for future improvements and value growth. A great opportunity for investors looking to add a stable, income-producing property to their portfolio.

Price History

Schools

Secondary

  • N'Swakamok Anishinawbek Kinomaadwin Gamig0.5 km

    Public · Rainbow DSB

  • 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

Elementary

  • Lansdowne Public School0.6 km

    Public · Rainbow DSB · 300 students

    Grade 3 reading: 58% met the provincial standard · Grade 6 math: 29% met the provincial standard

  • Alexander Public School0.9 km

    Public · Rainbow DSB · 270 students

    Grade 3 reading: 88% met the provincial standard · Grade 6 math: 71% met the provincial standard

  • Princess Anne Public School0.9 km

    Public · Rainbow DSB · 485 students

    Grade 3 reading: 64% met the provincial standard · Grade 6 math: 38% 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.

Location

Mortgage Calculator

$248,000

Estimated Monthly Payment

$6,092

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $6,092/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $310/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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