
385 Homewood Avenue
Sudbury, Ontario
Multi-family
Two-Unit Character Property| Hospital Area, Greater Sudbury. Set in one of Greater Sudbury's most desirable and walkable in-town locations, 385 Homewood is a charming one-and-a-half storey two-unit property maintained by the same owner for 30 years- a testament to genuine, consistent care. The main floor unit features two bedrooms, a full bathroom, and a newly refreshed kitchen, with most windows updated and several replaced in recent years. The half-finished basement adds a functional rec room to the lower level. Separate from the main unit, the upper one-bedroom, one-bathroom suite is full of character- hardwood floors, period details, and the kind of space that attracts tenants who value quality over cookie-cutter. Located steps from Health Sciences North and minutes from Laurentian University, this suite consistently appeals to graduate students, academics, and healthcare professionals- mature, stable tenants who treat a home like their own. The location also positions the upper unit well for short-term rental potential. Both units are served by a single electrical meter with upgraded electrical throughout. Mechanical updates include a re-insulated attic, a freshly refinished driveway, and a forced-air furnace and central air conditioner (approximately 13 years old, serviced annually). For the investor adding to their portfolio or the owner-occupant looking to offset carrying costs, Homewood delivers character, location, and consistent demand in a proven rental pocket of Greater Sudbury, Ontario.
Price History
Schools
Elementary
- Alexander Public School0.2 km
Public · Rainbow DSB · 270 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 71% met the provincial standard
- École élémentaire Saint-Denis1 km
French Catholic · CSDC du Nouvel-Ontario · 310 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 74% met the provincial standard
- École publique Jeanne-Sauvé1 km
French public · CS public du Grand Nord de l'Ontario · 110 students
Grade 3 reading: 57% met the provincial standard · Grade 6 math: 33% met the provincial standard
Secondary
- École Cap sur l'Avenir0.9 km
French public · CS public du Grand Nord de l'Ontario
- N'Swakamok Anishinawbek Kinomaadwin Gamig1.1 km
Public · Rainbow DSB
- Marymount Academy Catholic School1.4 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 P3E
- Population
- 29,132
- Private dwellings
- 14,139
- Median age
- 46
- Average household size
- 2.1
- Median household income
- $85,000
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
$75,000
Estimated Monthly Payment
$1,842
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,842/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $94/mo
Estimates only. Consult a financial advisor.
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