392 Montague Avenue
Greater Sudbury, Ontario
Multi-family
Turnkey triplex generating over $70,000 in gross annual income, currently operating as a successful Airbnb. All three units come fully furnished and ready to go, offering immediate cash flow for investors or a seamless transition to long-term rentals. Zoned C3, this property also offers excellent potential for commercial use including retail, office, or service-based business. Prime high-visibility location with strong exposure and easy access to amenities, transit, and local attractions. Rare opportunity to own a versatile, income-producing property with both residential and commercial upside. Ideal for investors, entrepreneurs, or those looking to expand their portfolio. Book your private showing today.
Price History
Schools
Elementary
- St David Catholic School0.2 km
Catholic · Sudbury CDSB · 325 students
Grade 3 reading: 69% met the provincial standard · Grade 6 math: 18% met the provincial standard
- 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
- École élémentaire Saint-Joseph0.8 km
French Catholic · CSDC du Nouvel-Ontario · 75 students
Grade 3 reading: 100% met the provincial standard
Secondary
- Adult Day School0.7 km
Public · Rainbow DSB · 95 students
- Sudbury Secondary School0.8 km
Public · Rainbow DSB · 515 students
Grade 10 literacy: 78% met the provincial standard
- Marymount Academy Catholic School1 km
Catholic · Sudbury CDSB · 220 students
Grade 10 literacy: 88% 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 Greater Sudbury · last 12 months
- Median sold price
- $660,101
- Homes sold
- 67
- Median days on market
- 21
- Sale-to-list price
- 98.4%
Based on 67 recorded sales of multi-family properties in Greater Sudbury over the last 12 months.
Location
Mortgage Calculator
$114,940
Estimated Monthly Payment
$2,823
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,823/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $144/mo
Estimates only. Consult a financial advisor.
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