




This multi-family in Sudbury is available for your consideration. The home features tile and carpeted and other and vinyl flooring, boiler heating, a unknown basement.
Located in Sudbury’s West End, 642–646 St. Clair Street offers a 9-unit multi-residential investment with immediate income and clear value-add upside. The property consists of four 1-bedroom units, two 1-bedroom + den units, one 2-bedroom unit, and two bachelor apartments. Each unit is separately metered for hydro with individual panels, plus a dedicated common-area meter potentially minimizing owner expenses and simplifying management. The building features four separate entrances, supporting tenant privacy and operational efficiency. Heat is provided by a gas boiler installed in 2023, offering reliable and cost-effective performance. Five units have been renovated, while remaining units present an opportunity for further rent optimization through cosmetic updates. Additional upside includes a detached garage with electric heat currently unused by tenants and suitable for additional rental income or storage revenue. Shared laundry consists of one card-operated washer and dryer on site. The property is well-located with strong tenant demand, close to transit, amenities, and employment. With stable occupancy and multiple avenues for revenue growth, 642–646 St. Clair Street is well-suited for investors seeking day-one cash flow with long-term upside. (id:60351)
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Listed by JENNIFER FAULKNER, ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE
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Listing represented by JENNIFER FAULKNER, ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE · MLS# 2126399
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.