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366-368 Pine Street

366-368 Pine Street

Sudbury, Ontario

Multi-family

$770,000

This fully rented, cash-flow-positive 6-unit all-brick apartment building offers immediate income with value-add potential. It includes two 2-bedroom units (with basements for future expansion) and four 1-bedroom units, with three units recently renovated featuring modern finishes and white cabinetry. Features include two natural gas furnaces and a paved driveway. Key upgrades include shingles (2022), fire-rated doors and windows, fire escape improvements and partial electrical updates with ESA certification, ensuring a well-maintained and compliant building. Situated on a 50’ x 122’ lot in an R2-3 zoned area, the property is municipally serviced and generates strong, stable rental income. With an 8.8% cap rate, this opportunity offers a rare chance to acquire a turnkey, high-yield asset in Sudbury’s growing market.

Price History

Schools

Elementary

  • Lansdowne Public School0.5 km

    Public · Rainbow DSB · 300 students

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

  • St David Catholic School1 km

    Catholic · Sudbury CDSB · 325 students

    Grade 3 reading: 69% met the provincial standard · Grade 6 math: 18% met the provincial standard

Secondary

  • N'Swakamok Anishinawbek Kinomaadwin Gamig0.7 km

    Public · Rainbow DSB

  • Adult Day School0.8 km

    Public · Rainbow DSB · 95 students

  • Sudbury Secondary School0.9 km

    Public · Rainbow DSB · 515 students

    Grade 10 literacy: 78% 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

$154,000

Estimated Monthly Payment

$3,783

Investment Analysis

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

Mortgage: $3,783/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $193/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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