Skip to main content
364 Morris Street

364 Morris Street

Sudbury, Ontario

Multi-family

$2,599,900

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

65

Walk

60

Bike

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.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

Interested in this property?

By submitting this form you consent to REintel, operated by Direct Realty Ltd. (6992 Hwy 62, Belleville, ON K8N 0L7) contacting you to respond to your inquiry and send you relevant property listings, market updates, and real-estate information. You can withdraw your consent at any time using the unsubscribe link in every email, or by contacting us at the mailing address above.

Cookie Preferences