1188-1190 Rideau Street
Sudbury, Ontario
- Multi-family
Exceptional investment opportunity in the heart of New Sudbury. This well maintained 4 plex offers the perfect combination of strong revenue potential, tenant appeal, and a highly desirable location close to shopping, restaurants, schools, transit, and every major amenity. Designed with both comfort and convenience in mind, the property features ample on site parking, providing a valuable advantage for residents and guests alike. Each unit boasts its own private balcony, creating a peaceful outdoor retreat where tenants can enjoy their morning coffee, unwind after a long day, or take in the surrounding views from the comfort of home. The property also offers a generous yard, adding even more lifestyle value for residents who appreciate outdoor space for relaxing, entertaining, or enjoying the warmer months. Inside, the units have been thoughtfully updated with modern finishes and attractive upgrades that enhance both functionality and long term rental appeal. Bright, welcoming interiors create spaces tenants are proud to call home, helping support strong occupancy and tenant retention. Whether you are looking to expand your portfolio or secure a solid income producing asset in one of Greater Sudbury's most sought after rental locations, this impressive 4 plex checks all the boxes. With upgraded units, private balconies, abundant parking, outdoor living space, and a prime New Sudbury location, this is an opportunity that delivers both immediate income and long term investment potential. Schedule your private tour.
Price History
Schools
Elementary
- École élémentaire catholique Félix-Ricard0.2 km
French Catholic · CSDC du Nouvel-Ontario · 260 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 69% met the provincial standard
- École publique Macdonald-Cartier1.4 km
French public · CS public du Grand Nord de l'Ontario · 185 students
- Lasalle Elementary School2.4 km
Public · Rainbow DSB · 360 students
Grade 3 reading: 90% met the provincial standard · Grade 6 math: 52% met the provincial standard
Secondary
- École secondaire Macdonald-Cartier1.4 km
French public · CS public du Grand Nord de l'Ontario · 385 students
Grade 10 literacy: 91% met the provincial standard
- Carrefour Options +2.1 km
French Catholic · CSDC du Nouvel-Ontario
- Barrydowne College Senior2.2 km
Public · Rainbow DSB · 195 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 P3A
- Population
- 24,326
- Private dwellings
- 10,701
- Median age
- 45.2
- Average household size
- 2.3
- Median household income
- $83,000
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.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$245,980
Estimated Monthly Payment
$6,042
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $6,042/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $307/mo
Estimates only. Consult a financial advisor.
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