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50 Albany Street

50 Albany Street

Sudbury, Ontario

  • Multi-family
$729,000

HOLY MOLY!!! ALL BRICK DUPLEX with 3 additional units and R2-2 zoning. This 5 unit investment opportunity is located in a Quiet central location and has a Gross rental income of over $77,000, with a Net Operating Income of over $56,000. Rents are all-inclusive. Plus there’s On-site laundry with potential to switch back to coin op laundry for extra income. There’s 2 gas water heaters, 2 hydro meters, plus a storage room. Unit mix includes four 1 bedroom units and 1 bachelor unit. This money maker sits on a nice large lot with plenty of parking. Solid all brick building with good tenants, ask your realtor for a copy of the income and expenses. Unit 3 is vacant, you can set your own rents.

Price History

Schools

Elementary

  • 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

  • St David Catholic School0.7 km

    Catholic · Sudbury CDSB · 325 students

    Grade 3 reading: 69% met the provincial standard · Grade 6 math: 18% met the provincial standard

  • École élémentaire Saint-Joseph0.8 km

    French Catholic · CSDC du Nouvel-Ontario · 75 students

    Grade 3 reading: 100% met the provincial standard

Secondary

  • Sudbury Secondary School1.2 km

    Public · Rainbow DSB · 515 students

    Grade 10 literacy: 78% met the provincial standard

  • Adult Day School1.2 km

    Public · Rainbow DSB · 95 students

  • Collège Notre-Dame1.2 km

    French Catholic · CSDC du Nouvel-Ontario · 345 students

    Grade 10 literacy: 96% 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

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

50

Walk

33

Bike

Scores by Walk Score®

Location

Street View

Mortgage Calculator

$145,800

Estimated Monthly Payment

$3,581

Land transfer tax

Estimated land transfer tax$11,055

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

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

Mortgage: $3,581/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $182/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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