265 267 Cedar Street, Sudbury

265 267 Cedar Street, Sudbury, ON P3B1M8 Photo 1

1 Photos

  • MLS®: 2116150
  • Added: 11 days ago

Property Details

This is a real money maker! This 16 unit building offers a Great location for tenants with proximity to shopping, buses and downtown office hub. There are 14 rooms, 2 x 2 bedrooms apartments, 1 storage unit. This property has been property has been operating as a business for over 40 years & makes a very good return. Many long-term tenants. In the last few years the property has undergone extensive updates to both the interior and exterior, boiler upgrades and a monitored fire alarm system. There are a few certificates that been done including fire safety plan & a Retrofit Certificate. A confidentiality agreement must be signed before any financial information is released. Gross income approximately $105,000.00/yr. Great deal so call for a showing!! (id:1945)

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Property Information

  • Roof: Asphalt shingle, Unknown
  • Sewer: Municipal sewage system
  • Cooling: None
  • Heating: Boiler
  • List AOR: Sudbury
  • Stories: 2.5
  • Basement: Full
  • Flooring: Hardwood, Linoleum, Vinyl
  • Photos Count: 1
  • Water Source: Municipal water
  • Common Interest: Freehold
  • Parking Features: Gravel
  • Exterior Features: Brick, Vinyl siding
  • Security Features: Fire alarm system
  • Zoning Description: C4-1
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Nearby Places

Name Type Address Distance
Tim Hortons Cafe 196 Cedar St 0.2 km
The HourGlass Restaurant & Lounge Restaurant 183 Cedar St 0.3 km
Rainbow District School Board Establishment 69 Young St 0.3 km
Rainbow District School Board 3 prior to 1999) covers a geographic area of more ... 0.3 km
Tom Davies Square Built in the late 1970s and originally known as Ci... 0.3 km
Tom Davies Square Local government office 200 Brady St. 0.3 km
Little India Restaurant Restaurant 151 Regional Road 51 0.3 km
Nickel District Conservation Authority Formed in 1973 by the merger of two former conserv... 0.3 km
Best Western Downtown Sudbury Centreville Lodging 151 Larch St 0.3 km
Alexandria's Restaurant & Lounge Restaurant 211 Shaughnessy St 0.5 km
Sudbury Sapporo Ichibang Restaurant 79 Cedar St 0.5 km
Old Rock Cafe 212 Minto St 0.5 km
265 267 Cedar Street mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 265 267 Cedar Street. The current price of the property is $749,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $599,200. This would result in a monthly mortgage payment of $3,502 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 10
Bachelor's degree 10
University / Below bachelor level 10
Certificate of Qualification 10
College 75
University degree at bachelor level or above 30

Neighbourhood Marital Status Stat

Married 50
Widowed 45
Divorced 85
Separated 30
Never married 290
Living common law 35
Married or living common law 90
Not married and not living common law 455

Neighbourhood Construction Date

1961 to 1980 120
1981 to 1990 15
1991 to 2000 10
1960 or before 190
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