July 24, 2025 – CFRealty

FOR SALE - This investment comprise a walk up wood frame rental apartment building in Sudbury.  There are a total of 23 suites of which 14 have been renovated.  The three structure is divided into 3 wings with separate entrances.  There is siding exterior, double windows and shingled roofs.  There is almost 20% rental upside that the building is within walking distance to downtown and Elm Place Mall.  Over $500,000 has been spent including: roofs; parking lot; suite renovations; siding.  Asking Price is $3,299,999 or $143,475 per suite or 5.5% cap rate.

Jake Ringwald

Salesperson
(416)996-7713

jringwald@cfrealty.ca

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