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Sudbury

Multi-family

$425,000

Welcome to 21 Avalon in Sudbury, a prime Minnow Lake 3 unit property with in-law suite offering strong returns and exceptional upside in a desirable rental location. This investment property features four units with separate hydro meters, keeping operating costs efficient and appealing to investors. With two units currently vacant, buyers have an opportunity to set their own rents or explore owner-occupancy while maximizing income potential. Located in the heart of Minnow Lake, this property is close to shopping, schools, transit, and just minutes from downtown. With a cap rate of 9.2% and strong net income, 21 Avalon delivers the kind of performance investors are looking for, whether you’re expanding your portfolio or entering the multi-family market. If you’ve been searching for a cash-flowing property with upside in a prime location, this is an opportunity you won’t want to miss.

Price History

Schools

Elementary

  • Adamsdale Public School0.6 km

    Public · Rainbow DSB · 215 students

    Grade 3 reading: 74% met the provincial standard · Grade 6 math: 19% met the provincial standard

  • École élémentaire Saint-Pierre0.7 km

    French Catholic · CSDC du Nouvel-Ontario · 195 students

    Grade 3 reading: 45% met the provincial standard · Grade 6 math: 57% met the provincial standard

  • Pius XII Catholic School0.9 km

    Catholic · Sudbury CDSB · 275 students

    Grade 3 reading: 69% met the provincial standard · Grade 6 math: 33% met the provincial standard

Secondary

  • Carrefour Options +2.6 km

    French Catholic · CSDC du Nouvel-Ontario

  • St Charles College3.3 km

    Catholic · Sudbury CDSB · 855 students

    Grade 10 literacy: 84% met the provincial standard

  • École secondaire du Sacré-Coeur3.8 km

    French Catholic · CSDC du Nouvel-Ontario · 170 students

    Grade 10 literacy: 77% 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 P3B

Population
16,434
Private dwellings
8,194
Median age
40.4
Average household size
2.1
Median household income
$66,500

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

$85,000

Estimated Monthly Payment

$2,088

Investment Analysis

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

Mortgage: $2,088/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $106/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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