7 Pine Street, Sudbury, ON P3C4W4
Key Facts
Description
(CMHC MLI Select compatible for 50 year mortgage at 95% LTV) Vacant development lot with approved plans for 18,000+ sf, 17 unit low rise in downtown Sudbury across the street from the McEwin School of Architecture and only a few blocks away from the Downtown Events Center set to open in 2028. This location is perfect for a buyer looking to complete construction of an urgently needed multifamily asset in downtown Sudbury. With the school of Architecture across the road and numerous young professionals downtown, the lease up will be very short. The drawings boast 11 - two bed, two bath, 900 SF units, with each bedroom having a WIC. 2 - two bed, one bath units and 4 - Jr 1 bedroom, apartments with 450 SF each. All units have 9' ceilings. There is a 600 SF private Roof top patio for tenants own use, common laundry room and a 900 SF cardio room in the plans. Minor variances have been approved for parking at .89 spaces per unit. This project will be the gem of downtown. (id:31684)
Property Information
Property Type
Residential
Ownership
Freehold
Listing #
2128483
Property Features
Sewer
Affordability Calculator
$278,000
Estimated monthly payment
$7,398/mo
Principal $1,112,000 · Est. interest $1,551,339 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Sudbury, ON
- CA$553,211
- Median Listing Price
- 33
- Median Days on Market
- 1,300
- Median Sq Ft
- CA$338
- Median Price / Sq Ft
- 304
- Active Listings
- This home’s price is 151% 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
N'Swakamok Native Alternative School
Secondary · 0.0 km away
Northern Youth Services
School · 0.1 km away
Cts Canadian Career College
Secondary School · 0.3 km away
Jubilee Heritage Family Resources
School · 0.3 km away
Sudbury Secondary School
Secondary · 0.4 km away
Adult Day School
Secondary · 0.4 km away
Sudbury Catholic Schools
School · 0.5 km away
Ecole Cap Sur Lavenir
School · 0.5 km away
Lansdowne Public School
School · 0.6 km away
Modern College of Hairstyling & Esthetics
School · 0.6 km away
Marymount Academy
School · 0.6 km away
College Notre-Dame
School · 0.7 km away
Montessori School of Sudbury
Elementary · 0.7 km away
Conseil Scolaire Catholique Nouvelon
Elementary · 0.8 km away
Alexander Public School
School · 0.9 km away
Ecole Publique Jeanne-Sauve
School · 1.1 km away
Ecole Secondaire du Sacre-Coeur
Secondary · 1.1 km away
Princess Anne Public School
School · 1.2 km away
The Look Above
School · 1.3 km away
Queen Elizabeth II Public SCHL
Elementary · 1.5 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 |
|---|---|---|---|---|
| 147 Forestdale Drive, Sudbury, ON | CA$979,900 | 4 | 4 | — |
| 7566 Tilton Lake Road, Sudbury, ON | CA$989,900 | 5 | 3 | — |
| 611-619 Laforest Avenue, Sudbury, ON | CA$999,900 | — | — | — |
| 4560 Chenier, Greater Sudbury, ON | CA$999,999 | — | — | — |
| 494 Helens Point, Greater Sudbury, ON | CA$1,069,500 | 3 | 3 | — |
| 2005 Richard Street, Sudbury, ON | CA$1,099,900 | — | — | — |
Moving Cost Estimate
EXIT Agents in Sudbury
Listing Courtesy: RE/MAX SUDBURY INC., BROKERAGE
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