For Sale: 1492 Regent Street, Greater Sudbury, ON - REW
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$1,850,000
0 bd • ba • 5000 - 9999 sf • Multifamily
1492 Regent Street
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$1,850,000
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1492 Regent StreetGreater Sudbury, ON, P3E 3Z6

  • 0 Bed
  • Bath
  • 5000 - 9999 Sqft
  • Multifamily

About this home

PRIME SOUTH END INVESTMENT OPPORTUNITY 12-Unit Apartment Building on Approximately 1 Acre First Time Ever Offered for Sale — Pride of Ownership from Day One ! An exceptional opportunity to acquire a 12-unit apartment building in a prime South End location, situated on approximately one acre of land and offered for sale by the original owner/builder. This all-brick, meticulously constructed building features 10 large two-bedroom units, 2 bachelor units. All two-bedroom apartments offer the same efficient layout, providing consistency and ease of management. QUALITY CONSTRUCTION & UPDATES - Built with long-term durability in mind, this property showcases quality construction throughout, including:All-brick exterior construction,2-inch styrofoam insulation installed beneath the brick, glued and sealed at every seam concrete block and concrete construction throughout, Quality plaster interior walls,Durable terrazo flooring,Secure building entrance,Fire protection system, On-site laundry facility. Windows replaced throughout in 2024–2025, Shingles replaced approximately 2017. The property currently operates with all-inclusive rents, providing a straightforward rental structure for the existing tenant base. Importantly, there are 12 separate hydro meters, offering a future owner the flexibility to change the rental structure for new tenants, subject to applicable requirements. The property is zoned R3-1 This creates the potential to explore additional multifamily buildings on the existing property. Conveniently located within walking distance of shopping, services, schools, restaurants and other everyday amenities. A dedicated turning lane provides safe and convenient road access from Regent Street, adding further appeal for both residents and future development. Contact us today for additional information and to arrange a private viewing. (id:63626)
Listed by: CARL YOUNG, Broker of Record, REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE

Home facts and features

Price details
List Price
$1,850,000
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Home facts
Bedrooms
0
Full Bathrooms
Parking Details
Gravel, Visitor Parking
Property Type
Multifamily
Depth
Frontage
68.0 feet
Title
Freehold
Exterior Finish
Brick
Heating Type
Baseboard heaters
Basement Details
Full
Features
Controlled entry, Fire alarm system, Smoke Detectors
Agent details
Primary Agent
CARL YOUNG
Primary Broker
REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE
Listing details
Days on REW
2 Days
MLS® Number
2129836
Source
Canadian Real Estate Association
Board
Sudbury Real Estate Board
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25 Years
Interest Rate
3.99%

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Property Insights

MacLeod Public School
  • Public
  • JK - 8
Lockerby Comp School
  • Public
  • 9 - 12
É Sép Saint-Denis
  • Catholic
  • JK - 8
École publique Hélène-Gravel
  • Public
  • JK - 6
R L Beattie Public School
  • Public
  • JK - 8
Lo-Ellen Park School
  • Public
  • 7 - 12
St Francis Catholic School
  • Catholic
  • JK - 6
Jean Hanson School
  • Public
  • JK - 8
Algonquin Road Public School
  • Public
  • JK - 8
Alexander Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker of Record
CARL YOUNG
Phone:
(705) 586-3334
Office:
705-586-3334
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