For Sale

Multi-family opportunity

1590 Kelly Lake Road · Sudbury, Ontario P3E4M1

Asking price$1,899,900
Property typeMulti-family
Land areaAvailable on request

The Opportunity

Overview

Great investment property in Sudbury’s South End location. This building has been meticulously maintained by the owners for over 39 years! There are ten 2-bedroom units and one 1-bedroom unit. All 2-bedroom units feature a walk-in-closet, pantry, and a spacious living and dining room. The 8 units on the second and third floors have a balcony, some overlooking Robinson Lake. All tenants pay their own heat and hydro, have access to a storage locker and a parking spot. The building has been extremely cared for over the years. Upgrades include but not limited to the 40-year shingles (2014), energy efficient doors (2008) and windows (2005), paved driveway and parking lot, fire suppression system (2012). The building has an improved cap rate of 6.29% and gross income over $178K! The current owners have treated the current tenants like family for all these years. This building is more than just numbers, it is an all brick and concrete building that will bring pride of ownership to the new investors for years to come. You Tube Video: https://www.youtube.com/watch?v=2RmRj8ypMPE (id:61970)

Investment highlights

  1. 01Multi-family

Property details

Property type
Multi-family
Transaction
sale
Listing brokerage
RE/MAX CROWN REALTY INC. (SUDBURY)
Listing representative
KEANDRA BEAUVAIS
Board / association
Sudbury

Financial information

Asking$1,899,900

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Location intelligence

Sudbury

Documents

Source Record

Current listing facts, with attribution intact.

Source
REALTOR.ca DDF®
Listing status
active
Source ID
28853212
Last supplied
July 28, 2026
Listing brokerage
RE/MAX CROWN REALTY INC. (SUDBURY)
Listing representative
KEANDRA BEAUVAIS
Board / association
Sudbury

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Listing brokerage: RE/MAX CROWN REALTY INC. (SUDBURY) · Listing representative: KEANDRA BEAUVAIS · Board/association: Sudbury · Updated: Jul 28, 2026

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.

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