
364 Morris Street
Sudbury, Ontario
Multi-family
364 Morris Street, Sudbury, Ontario Turnkey 15-Unit Investment Opportunity with Extensive Renovations & Exceptional Parking Welcome to 364 Morris Street, a well-maintained and extensively renovated 15-unit apartment building in the heart of Greater Sudbury. Featuring 15 spacious two-bedroom units, all with identical layouts, this purpose-built multi-residential property underwent a comprehensive modernization in 2015/2016, offering investors a rare opportunity to acquire a stabilized asset with significant capital improvements already completed. The building was fully vacated during renovations and subsequently received occupancy approval from the City, along with compliance documentation and professional certifications. Major upgrades included new electrical systems, updated plumbing throughout, modernized fire safety systems, renovated kitchens and bathrooms, new fixtures, upgraded windows, new unit entrance doors, and a secure master-key system. Operational efficiency is enhanced by three boiler systems with modern controls, professionally maintained and regularly inspected. Residents benefit from secure controlled entry, on-site laundry facilities, and spacious two-bedroom layouts that continue to be in strong demand. Adding further value is an additional adjacent lot providing approximately 22 parking spaces, a valuable asset rarely found with apartment buildings of this size. A detached 10’ x 20’ maintenance shed offers convenient storage for equipment and building operations. Whether you’re expanding an existing portfolio or seeking a substantial income-producing property in a strong rental market, 364 Morris Street presents an outstanding opportunity backed by significant infrastructure improvements and long-term investment potential.
Price History
Schools
Elementary
- École publique Jeanne-Sauvé0.4 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
- Alexander Public School0.8 km
Public · Rainbow DSB · 270 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 71% met the provincial standard
- Marymount Elementary Academy1.5 km
Catholic · Sudbury CDSB · 190 students
Secondary
- École Cap sur l'Avenir0.9 km
French public · CS public du Grand Nord de l'Ontario
- N'Swakamok Anishinawbek Kinomaadwin Gamig1.5 km
Public · Rainbow DSB
- Marymount Academy Catholic School1.5 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 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.
Walk Score
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Scores by Walk Score®
Location
Mortgage Calculator
$519,980
Estimated Monthly Payment
$12,773
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $12,773/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $650/mo
Estimates only. Consult a financial advisor.
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