Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# X13726524

590 Norman Street, Greater Sudbury, ON P3E 4C6

Greater Sudbury, ON P3E 4C6

$939,000 Est. $3,988/mo · 20% down, 25-yr, 4.09%
6Baths
40 × 125 ftLot
InvestmentType

About this property

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.

Property Summary

Property TypeInvestment
Community NameSudbury
Land Size40 x 125 ft
Age of Building51-99
Annual Property Taxes$5,740.00
Tax Year2026
Parking TypeOutside/Surface Garage

Building details

Bathrooms / washrooms6
Property typeInvestment
Approximate age51-99

Lot & land

Lot dimensions40 × 125 ft
Lot frontage40 ft
Lot depth125 ft

Interior Features

InclusionsAll existing appliances including six fridges, six stoves, fixed kitchen exhaust fans, one coin-operated washer and one dryer, hot water tank & boiler system, three sheds in backyard
ExclusionsTenant's personal belongings and chattels

Building Features

StyleInvestment
Fire ProtectionNo

Rental Equipment

Rental equipmentNone

Heating & Cooling

CoolingNo
Heating TypeBaseboard

Utilities

Utility SewerSanitary+Storm
WaterWater System

Parking

Parking TypeOutside/Surface Garage

Taxes & fees

Annual taxes$5,740 (2026)

Listing history

On market sinceAug 31, 2026

Location

Greater Sudbury, ON P3E 4C6
Listed by HOMELIFE LANDMARK REALTY INC., Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
590 Norman Street, Greater Sudbury, ON P3E 4C6