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362 St George Street

362 St George Street

Sudbury, Ontario

Multi-family

$599,000

Excellent value-add 5-plex opportunity for the savvy investor. This income-producing property generates $91,000 in gross annual rental income and 10% cap rate with upside potential through unit turnover, rental uplift and strategic upgrades. Currently 2 of the 5 units are vacant, giving buyers the rare opportunity to renovate and reposition immediately after closing. This property offers strong existing cash flow while providing clear potential to increase income over time. All units rents are all-inclusive for simplified management. Rear main floor tenant currently has use of the garage, included in rent. Potential to purchase the adjacent three unit property at 366 St. George as a package deal! A great opportunity to increase value and maximize long term returns.

Price History

Schools

Secondary

  • École secondaire du Sacré-Coeur0.7 km

    French Catholic · CSDC du Nouvel-Ontario · 170 students

    Grade 10 literacy: 77% met the provincial standard

  • Collège Notre-Dame1 km

    French Catholic · CSDC du Nouvel-Ontario · 345 students

    Grade 10 literacy: 96% met the provincial standard

  • Marymount Academy Catholic School1.3 km

    Catholic · Sudbury CDSB · 220 students

    Grade 10 literacy: 88% met the provincial standard

Elementary

  • École élémentaire Saint-Joseph0.9 km

    French Catholic · CSDC du Nouvel-Ontario · 75 students

    Grade 3 reading: 100% met the provincial standard

  • Queen Elizabeth II Public School0.9 km

    Public · Rainbow DSB · 185 students

    Grade 3 reading: 67% met the provincial standard · Grade 6 math: 21% met the provincial standard

  • Marymount Elementary Academy1.3 km

    Catholic · Sudbury CDSB · 190 students

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

Street View

Mortgage Calculator

$119,800

Estimated Monthly Payment

$2,943

Investment Analysis

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

Mortgage: $2,943/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $150/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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