$1,899,900
FOR SALE

Multiplex

1590 Kelly Lake Road
Sudbury, ON P3E 4M1

Great investment property in Sudbury’s South End location. This building has been meticulously maintained by the owners for over 39 years! There are ten 2-bedroom units and one 1-bedroom unit. All 2-bedroom units feature a walk-in-closet, pantry, and a spacious living and dining room. The 8 units on the second and third floors have a balcony, some overlooking Robinson Lake. All tenants pay their own heat and hydro, have access to a storage locker and a parking spot. The building has been extremely cared for over the years. Upgrades include but not limited to the 40-year shingles (2014), energy efficient doors (2008) and windows (2005), paved driveway and parking lot, fire suppression system (2012). The building has an improved cap rate of 6.29% and gross income over $178K! The current owners have treated the current tenants like family for all these years. This building is more than just numbers, it is an all brick and concrete building that will bring pride of ownership to the new investors for years to come. You Tube Video: https://www.youtube.com/watch?v=2RmRj8ypMPE (id:47421)
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Listed By RE/MAX CROWN REALTY (1989) INC., Brokerage (SUDBURY)
Data Provided By Sudbury Real Estate Board
MLS® Listing Number 2124668
Last Updated Apr 27, 2026
Property Summary
Property Type Multiplex

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Price History

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Detailed Information
Amenities Nearby Park, Public Transit, Schools
Equipment Water Heater - Electric
Ownership Type Freehold
Property Type Multi-family
Rental Equipment Water Heater - Electric
Storage Storage
Transaction Type For sale
Zoning Description R3-1
Building
Basement Type None
Exterior Finish Brick, Vinyl siding
Fire Protection Controlled entry, Fire alarm system
Flooring Type Concrete, Parquet, Carpeted
Foundation Type Concrete Slab
Heating Type Baseboard heaters
Roof Material Asphalt shingle
Roof Style Unknown
Stories Total 3
Utility Water Municipal water
Land
Total Size under 1/2 acre
Amenities Park, Public Transit, Schools
Sewer Municipal sewage system

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