257 Oak Street
Sudbury, Ontario
Multi-family
This solid 4-plex located at 257 Oak Street features four spacious 2-bedroom units, TWO CURRENTLY VACANT and two tenanted on plus-hydro leases with reliable tenants in place. The property includes an attached rear-access garage already generating storage income, along with three brand new basement storage units ready to rent as additional revenue streams. The roof was fully replaced in 2022, and the building runs on a gas boiler with a full-height walk-out basement. With all appliances included, the property is turn-key for the next owner. Located in a downtown-adjacent pocket of Sudbury, walking distance to the core and transit at the door, tenant demand on this street has remained consistently strong. Generating $90,000 in annual gross revenue with an NOI of $69,000, this is a strong-performing investment opportunity with built-in upside.
Price History
Schools
Secondary
- N'Swakamok Anishinawbek Kinomaadwin Gamig0.6 km
Public · Rainbow DSB
- Sudbury Secondary School0.9 km
Public · Rainbow DSB · 515 students
Grade 10 literacy: 78% met the provincial standard
- Adult Day School0.9 km
Public · Rainbow DSB · 95 students
Elementary
- Lansdowne Public School0.7 km
Public · Rainbow DSB · 300 students
Grade 3 reading: 58% met the provincial standard · Grade 6 math: 29% met the provincial standard
- Princess Anne Public School0.8 km
Public · Rainbow DSB · 485 students
Grade 3 reading: 64% met the provincial standard · Grade 6 math: 38% met the provincial standard
- Alexander Public School1 km
Public · Rainbow DSB · 270 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 71% 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 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
$153,000
Estimated Monthly Payment
$3,758
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,758/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $191/mo
Estimates only. Consult a financial advisor.
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