Address not available
Sudbury, Ontario
Other
Mixed-use investment property consisting of six separately metered residential apartments (4 bachelor, 1 one-bedroom and 1 two-bedroom unit) and Melvin Variety, an established convenience store business included in the sale (inventory extra at cost). The property offers multiple income streams with three vacant residential units providing immediate lease-up or renovation potential to increase revenue. The commercial space may continue to operate as a convenience store or accommodate a variety of permitted commercial uses, subject to applicable approvals. Ample on-site parking is available at the front and rear of the property, with the large rear lot offering potential for future expansion or redevelopment, subject to municipal approvals. An opportunity for investors or owner-operators seeking a mixed-use asset with existing income and value-add potential.
Price History
Schools
Elementary
- École élémentaire Saint-Joseph0.3 km
French Catholic · CSDC du Nouvel-Ontario · 75 students
Grade 3 reading: 100% met the provincial standard
- Queen Elizabeth II Public School0.5 km
Public · Rainbow DSB · 185 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 21% met the provincial standard
- Marymount Elementary Academy0.7 km
Catholic · Sudbury CDSB · 190 students
Secondary
- Collège Notre-Dame0.5 km
French Catholic · CSDC du Nouvel-Ontario · 345 students
Grade 10 literacy: 96% met the provincial standard
- Sudbury Secondary School0.6 km
Public · Rainbow DSB · 515 students
Grade 10 literacy: 78% met the provincial standard
- Adult Day School0.6 km
Public · Rainbow DSB · 95 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 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
Other 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 other properties in Sudbury over the last 12 months.
Location
Mortgage Calculator
$180,000
Estimated Monthly Payment
$4,421
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,421/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $225/mo
Estimates only. Consult a financial advisor.