1590 Kelly Lake Road, Greater Sudbury, Ontario P3E 4M1

1590 Kelly Lake Road, Greater Sudbury, Ontario P3E 4M1

$1,850,000.00

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 ... read more

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. (id:25417)

  • Listing ID: 2130474
  • Property Type: Multi-family
Property
Ownership: Freehold
Lot Size: Under 1/2 Acre
Building
HVAC: Baseboard Heaters and Fireplace
Exterior: Brick, Vinyl Siding and Asphalt Shingle
Basement: None
Utilities: Municipal Sewage System
Location
City: Greater Sudbury
Province: Ontario
Nearby Amenities: Park, Public Transit and Schools

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1590 Kelly Lake Road, Greater Sudbury, Ontario P3E 4M1
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This property, located at 1590 Kelly Lake Road in Greater Sudbury Ontario, was published on September 18th, 2026. See if this multi-family home suits your needs, or speak with an agent about subscribing to similar homes. At MoveMeTo.com, we make finding homes for sale in Greater Sudbury convenient.