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385 Homewood Avenue

385 Homewood Avenue

Sudbury, Ontario

Multi-family

$375,000

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.

R

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