For Sale: 364 Morris Street, Greater Sudbury, ON - REW
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$2,599,900
0 bd • ba • sf • Multifamily
364 Morris Street
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$2,599,900
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364 Morris StreetGreater Sudbury, ON, P3B 1B6

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

364 Morris Street, Sudbury, Ontario Turnkey 15-Unit Investment Opportunity with Extensive Renovations & Exceptional Parking Welcome to 364 Morris Street, a well-maintained and extensively renovated 15-unit apartment building in the heart of Greater Sudbury. Featuring 15 spacious two-bedroom units, all with identical layouts, this purpose-built multi-residential property underwent a comprehensive modernization in 2015/2016, offering investors a rare opportunity to acquire a stabilized asset with significant capital improvements already completed. The building was fully vacated during renovations and subsequently received occupancy approval from the City, along with compliance documentation and professional certifications. Major upgrades included new electrical systems, updated plumbing throughout, modernized fire safety systems, renovated kitchens and bathrooms, new fixtures, upgraded windows, new unit entrance doors, and a secure master-key system. Operational efficiency is enhanced by three boiler systems with modern controls, professionally maintained and regularly inspected. Residents benefit from secure controlled entry, on-site laundry facilities, and spacious two-bedroom layouts that continue to be in strong demand. Adding further value is an additional adjacent lot providing approximately 22 parking spaces, a valuable asset rarely found with apartment buildings of this size. A detached 10’ x 20’ maintenance shed offers convenient storage for equipment and building operations. Whether you’re expanding an existing portfolio or seeking a substantial income-producing property in a strong rental market, 364 Morris Street presents an outstanding opportunity backed by significant infrastructure improvements and long-term investment potential. (id:63626)
Listed by: DANIELLE AUBREY, Salesperson, EXP REALTY, BROKERAGE (MAIN)

Home facts and features

Price details
List Price
$2,599,900
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Home facts
Bedrooms
0
Full Bathrooms
Parking Details
Parking Space(s), Visitor Parking
Property Type
Multifamily
Depth
Title
Freehold
Exterior Finish
Brick
Heating Type
Boiler
Basement Details
Full
Agent details
Primary Agent
DANIELLE AUBREY
Primary Broker
EXP REALTY, BROKERAGE (MAIN)
Listing details
Days on REW
3 Days
MLS® Number
2128458
Source
Canadian Real Estate Association
Board
Sudbury Real Estate Board
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25 Years
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Property Insights

École publique Jeanne-Sauvé
  • Public
  • JK - 6
Alexander Public School
  • Public
  • JK - 8
Marymount School
  • Catholic
  • 7 - 12
Mishko-deh-Wendam School
  • Public
  • 7 - 12
ÉS du Sacré-Coeur
  • Catholic
  • 9 - 12
Sudbury Secondary School
  • Public
  • 9 - 12
Lansdowne Public School
  • Public
  • JK - 8
Princess Anne Public School
  • Public
  • JK - 8
É Sép St-Joseph
  • Catholic
  • JK - 8
É Sép Saint-Denis
  • Catholic
  • 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
Salesperson
DANIELLE AUBREY
Phone:
(705) 560-5650
Office:
866-530-7737
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