For Sale: 391 Suffolk Lane, Greater Sudbury, ON - REW
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$470,000
0 bd • ba • sf • Multifamily
391 Suffolk Lane
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$470,000
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391 Suffolk LaneGreater Sudbury, ON, P3C 4W8

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

Fantastic investment opportunity just minutes from downtown. This well-maintained triplex offers strong cash flow with an impressive 8.61% cap rate, making it an ideal addition to any investor’s portfolio. The property features three self-contained units. The main floor 2 bedroom is currently rented for $1,550 + hydro as of July 1st. The upper floor 2 bedroom is currently rented for $1,399.95 + hydro. The basement one bedroom is rented for $1,250/month (all-inclusive). Recent updates include a recently redone roof (August 2025), providing peace of mind for years to come. The low-maintenance lot leaves virtually no yard work, making management simple and efficient. Additional features include: parking for two vehicles, three separate hydro meters, walking distance to shops, restaurants, transit, and other amenities near downtown. With a gross annual income of $50,399, this property is already producing excellent returns. Whether you’re a seasoned investor or just getting started, this turnkey triplex is a proven money maker. Don’t miss this opportunity to own a solid income property with strong cash flow! (id:63626)
Listed by: CHRISTIAN LACELLE, Salesperson, ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE

Home facts and features

Price details
List Price
$470,000
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Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Depth
Title
Freehold
Exterior Finish
Vinyl siding
Heating Type
Forced air
Basement Details
Full
Agent details
Primary Agent
Primary Broker
ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE
Listing details
Days on REW
80 Days
Property Views
18
MLS® Number
2126718
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

É Sép St-Joseph
  • Catholic
  • JK - 8
Queen Elizabeth II Public School
  • Public
  • JK - 6
Lansdowne Public School
  • Public
  • JK - 8
Sudbury Secondary School
  • Public
  • 9 - 12
Marymount School
  • Catholic
  • 7 - 12
St David Catholic School
  • Catholic
  • JK - 8
ÉS du Sacré-Coeur
  • Catholic
  • 9 - 12
Mishko-deh-Wendam School
  • Public
  • 7 - 12
École publique Jeanne-Sauvé
  • Public
  • JK - 6
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
Salesperson
CHRISTIAN LACELLE
Phone:
(705) 507-0077
Office:
705-688-0007
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.