7 Pine Street
Sudbury, Ontario
Vacant Land
(CMHC MLI Select compatible for 50 year mortgage at 95% LTV) Vacant development lot with approved plans for 18,000+ sf, 17 unit low rise in downtown Sudbury across the street from the McEwin School of Architecture and only a few blocks away from the Downtown Events Center set to open in 2028. This location is perfect for a buyer looking to complete construction of an urgently needed multifamily asset in downtown Sudbury. With the school of Architecture across the road and numerous young professionals downtown, the lease up will be very short. The drawings boast 11 - two bed, two bath, 900 SF units, with each bedroom having a WIC. 2 - two bed, one bath units and 4 - Jr 1 bedroom, apartments with 450 SF each. All units have 9' ceilings. There is a 600 SF private Roof top patio for tenants own use, common laundry room and a 900 SF cardio room in the plans. Minor variances have been approved for parking at .89 spaces per unit. This project will be the gem of downtown.
Price History
Schools
Secondary
- N'Swakamok Anishinawbek Kinomaadwin Gamig0 km
Public · Rainbow DSB
- Sudbury Secondary School0.4 km
Public · Rainbow DSB · 515 students
Grade 10 literacy: 78% met the provincial standard
- Adult Day School0.4 km
Public · Rainbow DSB · 95 students
Elementary
- Marymount Elementary Academy0.5 km
Catholic · Sudbury CDSB · 190 students
- Lansdowne Public School0.5 km
Public · Rainbow DSB · 300 students
Grade 3 reading: 58% met the provincial standard · Grade 6 math: 29% 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
Vacant Land 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 vacant land properties in Sudbury over the last 12 months.
Location
Mortgage Calculator
$278,000
Estimated Monthly Payment
$6,829
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $6,829/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $348/mo
Estimates only. Consult a financial advisor.
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