257 Oak Street, Sudbury, ON P3C1N1
Key Facts
Description
This solid 4-plex located at 257 Oak Street features four spacious 2-bedroom units, TWO CURRENTLY VACANT and two tenanted on plus-hydro leases with reliable tenants in place. The property includes an attached rear-access garage already generating storage income, along with three brand new basement storage units ready to rent as additional revenue streams. The roof was fully replaced in 2022, and the building runs on a gas boiler with a full-height walk-out basement. With all appliances included, the property is turn-key for the next owner. Located in a downtown-adjacent pocket of Sudbury, walking distance to the core and transit at the door, tenant demand on this street has remained consistently strong. Generating $90,000 in annual gross revenue with an NOI of $69,000, this is a strong-performing investment opportunity with built-in upside. (id:31684)
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Ownership
Freehold
Listing #
2128100
Property Features
Heating
Flooring
Sewer
Affordability Calculator
$155,000
Estimated monthly payment
$4,125/mo
Principal $620,000 · Est. interest $864,955 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Sudbury, ON
- CA$555,046
- Median Listing Price
- 35
- Median Days on Market
- 1,300
- Median Sq Ft
- CA$311
- Median Price / Sq Ft
- 298
- Active Listings
- This home’s price is 40% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Sudbury, ON.
Location
Points of Interest in Sudbury, ON
Showing the Sudbury area map.
Nearby Schools
Jubilee Heritage Family Resources
School · 0.2 km away
Montessori School of Sudbury
Elementary · 0.2 km away
N'Swakamok Native Alternative School
Secondary · 0.6 km away
Northern Youth Services
School · 0.6 km away
Princess Anne Public School
School · 0.7 km away
Lansdowne Public School
School · 0.8 km away
Cts Canadian Career College
Secondary School · 0.8 km away
Sudbury Secondary School
Secondary · 0.8 km away
Adult Day School
Secondary · 0.8 km away
Ecole Cap Sur Lavenir
School · 1.0 km away
Alexander Public School
School · 1.0 km away
Sudbury Catholic Schools
School · 1.0 km away
Modern College of Hairstyling & Esthetics
School · 1.1 km away
Marymount Academy
School · 1.1 km away
College Notre-Dame
School · 1.2 km away
Conseil Scolaire Catholique Nouvelon
Elementary · 1.4 km away
Ecole Publique Jeanne-Sauve
School · 1.4 km away
Ecole Secondaire du Sacre-Coeur
Secondary · 1.6 km away
St Francis Catholic Elementary Sch
Elementary · 1.6 km away
St. David Catholic Elementary School
Elementary · 1.8 km away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 55 Walford, Sudbury, ON | CA$544,900 | 6 | 2 | — |
| 55 Walford, Sudbury, ON | CA$544,900 | — | — | — |
| 427 Montague Avenue, Sudbury, ON | CA$549,700 | — | — | — |
| 394 Wellington Heights, Sudbury, ON | CA$549,900 | — | — | — |
| 34 Village Crescent, Greater Sudbury, ON | CA$549,900 | 5 | 2 | — |
| 394 Wellington Heights, Sudbury, ON | CA$549,900 | 4 | 2 | — |
Moving Cost Estimate
EXIT Agents in Sudbury
Listing Courtesy: SUTTON-BENCHMARK REALTY INC., BROKERAGE
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