For Sale: 590 Norman Street, Greater Sudbury, ON - REW
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$939,000
0 bd 6 ba 3150 sf Multifamily

590 Norman StreetGreater Sudbury, ON, P3E 4C6

  • 0 Bed
  • 6 Bath
  • 3150 Sqft
  • Multifamily

About this home

Exceptional turnkey investment opportunity in Sudbury's established West End! This well-maintained 6-unit multi-residential building (5 x 1-Bedroom units + 1 x Bachelor suite) delivers strong, proven cash flow and outstanding income stability. Financial & Investment Highlights: Strong In-Place Cash Flow: Generates over $87,000+ in annual gross revenue with attractive net operating yields. Property & Mechanical Features: Reliable Heating: Electric baseboard heaters and efficient gas-fired boiler with radiant water heating. Electrical: 200Amp main service with individual sub-panels. Extra Revenue: On-site coin-operated laundry facility in the common basement area. Prime Lot & Amenities: 40' x 125' lot backing directly onto tranquil parkland. Features ample on-site surface parking and individual tenant storage sheds. Prime Location: High-demand rental market with low vacancy rates, close to transit, shopping, schools, and downtown. Ideal addition to any portfolio. Full rent roll and financial package available upon receipt of a signed Confidentiality Agreement. Heating System Note: 5 units are currently heated by independent electric baseboard heaters; 1 bachelor suite is heated via gas boiler / water radiators. (id:63626)
Listed by: Sam Sheng, Salesperson, HOMELIFE LANDMARK REALTY INC.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$5,741
Home facts
Bedrooms
0
Full Bathrooms
6
Parking Spaces
5
Property Type
Multifamily
Depth
125 feet
Frontage
40.0 feet
Heating Type
Baseboard heaters, Radiator
Appliances
Dryer, Washer, Water Heater
Agent details
Primary Agent
Sam Sheng
Primary Broker
HOMELIFE LANDMARK REALTY INC.
Listing details
Days on REW
1 Day
MLS® Number
X13726524
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St Francis Catholic School
  • Catholic
  • JK - 6
Princess Anne Public School
  • Public
  • JK - 8
Jean Hanson School
  • Public
  • JK - 8
Alexander Public School
  • Public
  • JK - 8
É Sép Saint-Denis
  • Catholic
  • JK - 8
Mishko-deh-Wendam School
  • Public
  • 7 - 12
Lockerby Comp School
  • Public
  • 9 - 12
MacLeod Public School
  • Public
  • JK - 8
École publique Jeanne-Sauvé
  • Public
  • JK - 6
Lansdowne 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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