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Sudbury, Ontario

Office

$3,900,000

Explore the opportunities for a solid investment at 65 Larch Street. For almost 40 years, this property has been one of Sudbury’s established medical destinations, offering pharmacy and medical laboratory services, along with a broad range of healthcare services—from cardiology to optometry. The building also features an on-site restaurant and other convenient amenities.The entire building has undergone an exterior facelift in recent years and is in excellent overall condition. Parking is available both on the street and in the landlord-owned rear parking lot, which currently provides approximately 80 spaces, with potential for a future multi-level parking structure.This property presents an excellent opportunity for an investor or an owner-user looking to occupy a portion of the building. The Seller has also secured a commitment from the City through the CIP program toward a potential multi-residential conversion involving floors two, three and four, or a combination thereof. Additional financial incentives may also be available. For the right qualified purchaser, the Seller may consider a Vendor Take-Back Mortgage with a reasonable down payment, at a competitive interest rate, for a term of up to five years. Terms are subject to negotiation and Seller approval. Contact the Listing Realtors for further details.

Price History

Schools

Secondary

  • École Cap sur l'Avenir0.2 km

    French public · CS public du Grand Nord de l'Ontario

  • N'Swakamok Anishinawbek Kinomaadwin Gamig0.5 km

    Public · Rainbow DSB

  • Marymount Academy Catholic School0.6 km

    Catholic · Sudbury CDSB · 220 students

    Grade 10 literacy: 88% met the provincial standard

Elementary

  • Marymount Elementary Academy0.6 km

    Catholic · Sudbury CDSB · 190 students

  • Alexander Public School0.7 km

    Public · Rainbow DSB · 270 students

    Grade 3 reading: 88% met the provincial standard · Grade 6 math: 71% met the provincial standard

  • École publique Jeanne-Sauvé0.7 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

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 P3E

Population
29,132
Private dwellings
14,139
Median age
46
Average household size
2.1
Median household income
$85,000

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

Office 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 office properties in Sudbury over the last 12 months.

Walk Score

93

Walk

58

Bike

Scores by Walk Score®

Location

Mortgage Calculator

$780,000

Estimated Monthly Payment

$19,160

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $19,160/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $975/mo

Estimates only. Consult a financial advisor.

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