454 Melvin Avenue, Sudbury
Looking to expand your investment portfolio or live in one unit while generating rental income? This 5-unit building is made up of 2 one-bedroom units, 1 two-bedroom unit, 2 bachelor-units and offers a fantastic opportunity with two vacant units ready for immediate occupancy, allowing you to set current market rents. With strong cap rate potential, plenty of parking, and convenient access to a public bus route, this property is ideally located close to schools, shopping, and downtown amenities. (id:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property details for 454 Melvin Avenue, Sudbury
- Type
- Multi-family
- Stories
- 1
- Basement
- Full
- Parking
- Gravel
- Heating
- Boiler
- Exterior
- Brick, Stucco
- Ownership
- Freehold
Nearby Listings Stat
Estimated price and comparable properties near 454 Melvin Avenue
Active Listings
72
Min Price
$35,000
Max Price
$4,500,000
Avg Price
$576,272
Days on Market
67
days
Sold Listings
30
Min Sold Price
$49,000
Max Sold Price
$1,250,000
Avg Sold Price
$495,243
Days until Sold
93
days
Neighbourhood Census Data
Greater Sudbury / Grand Sudbury, Ontario
Population
501
Median Age
39.4
Median Income
$22,891
Dwelling Value
$174,648
Housing Tenure
Owners 46%
Renters 52%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.1
Pop. Density: 4,271.1/km²
Avg Shelter Cost: $1,137/mo
Owners with Mortgage: 77.3%
Owners Spending 30%+: 36.4%
Tenants Spending 30%+: 56.5%
English only: 66%
English and French: 34%
Neither: 1%
Median Household Income: $44,416
Median Employment Income: $22,976
Price History
Listed
June 30, 2026
by EXP REALTY, BROKERAGE
Current Price
$380,000
Type
Multi-family
For Sale
