590 Norman ST, Greater Sudbury, ON P3E 4C6
590 Norman ST, Greater Sudbury, ON P3E 4C6
590 Norman ST, Greater Sudbury, ON P3E 4C6
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
$939,000
Est. payment /mo
6 Baths
3,150 SqFt
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 3,150 sqft

Price per Sqft $298

Subdivision Sudbury

MLS Listing ID X13726524

Annual Tax Amount $5,740

Tax Year 2026

Property Sub-Type Investment

Property Description

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.

Location

Province ON

County Greater Sudbury

Area Greater Sudbury

Interior

Cooling No

Exterior

Community Features Public Transit, Recreation/Community Centre

Utilities Available Yes

Lot Frontage 40.0

Lot Depth 125.0

Building

Building Age 51-99

Others

Security Features No

ParcelsYN No


Read Less Info
Listed by HOMELIFE LANDMARK REALTY INC.

GET MORE INFORMATION

Steve Nikiforos

Steve Nikiforos

+1(416) 854-2262

Agent License ID: 4767722

Agent License ID: 4767722

Name

Name

Phone*

Phone

Message