590 Norman Street Greater Sudbury, Ontario P3E 4C6
$939,000
Exceptional turnkey investment opportunity in Sudbury's established West End! This well-maintained 6-unit multi-residential building (5 x 1-Bedroom units + 1 x Bachelor suite) delivers strong, proven cash flow and outstanding income stability. Financial & Investment Highlights: Strong In-Place Cash Flow: Generates over $87,000+ in annual gross revenue with attractive net operating yields. Property & Mechanical Features: Reliable Heating: Electric baseboard heaters and efficient gas-fired boiler with radiant water heating. Electrical: 200Amp main service with individual sub-panels. Extra Revenue: On-site coin-operated laundry facility in the common basement area. Prime Lot & Amenities: 40' x 125' lot backing directly onto tranquil parkland. Features ample on-site surface parking and individual tenant storage sheds. Prime Location: High-demand rental market with low vacancy rates, close to transit, shopping, schools, and downtown. Ideal addition to any portfolio. Full rent roll and financial package available upon receipt of a signed Confidentiality Agreement. Heating System Note: 5 units are currently heated by independent electric baseboard heaters; 1 bachelor suite is heated via gas boiler / water radiators. (id:63203)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X13726524 |
| Property Type | Multi-family |
| Community Name | Sudbury |
| Amenities Near By | Public Transit, Recreation |
| Parking Space Total | 5 |
Building
| Bathroom Total | 6 |
| Age | 51 To 99 Years |
| Appliances | Dryer, Water Heater, Washer |
| Cooling Type | None |
| Heating Type | Baseboard Heaters, Radiator |
| Size Interior | 3,150 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Recreation |
| Size Depth | 125 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | 40 X 125 Ft |
| Size Total Text | 40 X 125 Ft |
| Zoning Description | R2-2, Low Density Residential Two |
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August 31 2026 12:04:39
Toronto Regional Real Estate Board
Homelife Landmark Realty Inc.