For sale 78$939,000
590 Norman Street
Sudbury, Greater Sudbury, Ontario P3E4C6
For sale· Added
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.
Location
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Property details
Listing
- MLS® number
- X13726524
- Added
- Aug 31, 2026 ()
- Updated
- Aug 31, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Multi-Family
Inside
- Bathrooms
- 6
- Heating
- Baseboard heaters, Radiator
- Cooling
- None
- Fireplace
- No
- Appliances
- Washer, Dryer, Water Heater
Building
- Parking
- 5 spaces
Land
- Lot size
- 40 x 125 ft
- Zoning
- R2-2, Low Density Residential Two
Services
- Water
- Municipal water
Location
- Cross streets
- Norman & Mcleod St
- Directions
- Frontage (West): Face west onto Norman St. Rear (East): onto designated public parkland.
Running costs
- Annual property tax
- $5,741
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