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1071 Lorne Street

1071 Lorne Street

Sudbury, Ontario

Multi-family

$439,000

Positioned in Sudbury’s sought-after west end, this turnkey triplex is an exceptional opportunity for savvy investors looking to secure strong, reliable returns. Located in a high-demand rental pocket just minutes from grocery stores, coffee shops, public transit, and everyday amenities, this property consistently attracts quality tenants. Offering three fully self-contained units, the building has been thoughtfully updated with key improvements including upgraded electrical and plumbing systems, refreshed bathrooms, and a newer roof—helping minimize future expenses and maximize peace of mind. With an impressive 9.7% cap rate, this is a true income-producing asset from day one. The added benefit of C2 zoning provides valuable flexibility for future use or expansion potential. A solid addition to any portfolio in one of Sudbury’s most desirable investment corridors—this is an opportunity you won’t want to miss.

Price History

Schools

Elementary

  • Jean Hanson Public School0.2 km

    Public · Rainbow DSB · 70 students

  • Alternative Program Elementary School0.3 km

    Public · Rainbow DSB

  • St Francis Catholic School1.2 km

    Catholic · Sudbury CDSB · 450 students

    Grade 3 reading: 61% met the provincial standard · Grade 6 math: 40% met the provincial standard

Secondary

  • Lockerby Composite School1.9 km

    Public · Rainbow DSB · 535 students

    Grade 10 literacy: 97% met the provincial standard

  • N'Swakamok Anishinawbek Kinomaadwin Gamig3.2 km

    Public · Rainbow DSB

  • École Cap sur l'Avenir3.4 km

    French public · CS public du Grand Nord de l'Ontario

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

$87,800

Estimated Monthly Payment

$2,157

Investment Analysis

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

Mortgage: $2,157/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $110/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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