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Sudbury 4-Plex Properties for Sale

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Multi-Family for sale: 90 RIVERSIDE DRIVE, Greater Sudbury

11 photos

$1,120,000

90 Riverside Drive, Greater Sudbury (Sudbury), Ontario P3E 1G8

0 beds
0 baths
18 days

Broadway St & Riverside Dr Prime Investment Opportunity: The Anna 6-Plex with In-Law Suite in Sudbury Discover The Anna, a well maintained 6-plex with an additional2-bedroom in-law suite, strategically located in the heart of Sudbury. This turnkey multi-family property combines modern upgrades,

Listed by: Erin Holowach ,Comfree (877) 888-3131
464 King Street, Sudbury

48 photos

$480,000

464 King Street, Sudbury, Ontario P3B 2L3

0 beds
0 baths
76 days

Solid building in a fabulous rental area, incredible investment opportunity. Great 6 plex, ample parking, all units have separate entrances. Unit #5 owns their own fridge and stove. High-Efficiency furnace, new shingles in 2020, Don't miss this chance! (id:27476)

Listed by: Douglas Green ,Homelife Green Team Realty Inc., Brokerage (705) 674-7336
1677 Bancroft Drive, Sudbury

5 photos

$299,000

1677 Bancroft Drive, Sudbury, Ontario P3B 1R9

0 beds
0 baths
47 days

Large (73.60 X 206.75) residential building lot in preferred Minnow Lake area. Can immediately accommodate a 4 plex, but could potentially achieve something larger. Previously there was a house on the site which was torn down, so there were lateral connections for City services, but unsure

Paul Kusnierczyk,Royal Lepage North Heritage Realty, Brokerage
Listed by: Paul Kusnierczyk ,Royal Lepage North Heritage Realty, Brokerage (705) 688-0007
590 Norman Street, Sudbury

13 photos

$879,000

590 Norman Street, Sudbury, Ontario P3E 4C6

0 beds
0 baths
164 days

Easy to maintain six-plex located in a desirable residential neighborhood with quick access to bus routes and major traffic arteries. This building contains 5 one bedroom units and a bachelor suite. It is currently grossing $82,000.00 per annum and netting approximately $55,405.00. Features

Listed by: Alex Dumas ,Royal Lepage North Heritage Realty, Brokerage (705) 688-8000
335 Frood Road, Sudbury

31 photos

$619,900

335 Frood Road, Sudbury, Ontario P3C 4Z7

0 beds
0 baths
165 days

Great brick 6-plex with white fence and front balcony. Parking available off rear lane. 5- 1 bedroom units, 1 3 bedroom unit. Washer and dryer in unit 6 for unit 6 use only. Located within walking distance of shopping and bus routes. Great opportunity to grow your investment portfolio. Sudbury

Listed by: Douglas Green ,Homelife Green Team Realty Inc., Brokerage (705) 674-7336

Understanding the Appeal of Sudbury 4-Plex Properties

Sudbury, Ontario, is a city that offers a unique blend of urban amenities and natural beauty, making it an attractive location for real estate investment. Among the various property types available, the 4-plex stands out as a versatile and potentially lucrative option. This article delves into the key aspects of investing in a Sudbury 4-plex, including zoning regulations, resale potential, lifestyle appeal, and seasonal market trends.

Zoning Regulations: What You Need to Know

Before investing in a 4-plex in Sudbury, it's crucial to understand the local zoning laws. The city has specific regulations that dictate where multi-family properties can be developed. Generally, 4-plexes are permitted in areas zoned for medium to high-density residential use. It's advisable to consult with a local real estate expert or the city's planning department to ensure compliance with all zoning requirements.

For those considering other property types, such as a bungalow in Hanmer or a property in Garson, understanding zoning is equally important. Each area has its own set of rules that can impact your investment strategy.

Resale Potential: A Long-Term Investment Strategy

Investing in a 4-plex in Sudbury can offer significant resale potential. The city's real estate market has shown steady growth, driven by its robust economy and quality of life. A well-maintained 4-plex can attract both local and out-of-town buyers, particularly those looking for income-generating properties.

Comparatively, properties like a bungalow in West Nipissing or a property in an unorganized township may offer different resale dynamics. It's essential to consider the long-term appreciation potential and market demand when evaluating your investment options.

Lifestyle Appeal: Attracting Tenants and Buyers

Sudbury's lifestyle appeal is a significant factor in the attractiveness of 4-plex properties. The city offers a range of amenities, including shopping, dining, and outdoor recreational activities. This makes it an appealing location for tenants seeking a balanced lifestyle.

For those interested in urban living, options like a Montreal condo with a courtyard or a condo on Rathburn may be more suitable. However, a 4-plex in Sudbury can offer a unique blend of community living and privacy, attracting a diverse tenant base.

Seasonal Market Trends: Timing Your Investment

The real estate market in Sudbury, like many other regions, experiences seasonal fluctuations. Understanding these trends can help you time your investment for maximum return. Typically, the spring and summer months see increased activity, with more buyers and renters entering the market.

For those considering alternative investments, such as a condo in Woodlands or a condo in the Parry Sound District, it's important to recognize that each market has its own seasonal patterns. Staying informed about these trends can provide a competitive edge.