590 Norman St

Greater Sudbury, ON P3E 4C6
  • $939,000

    Price
  • 0

    Bed
  • 6

    Bath
  • 0

    SqFt

About the Listing 063000 -

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.

Listing Highlights

Status Active
Days on Site 0
Property Type Commercial Sale
MLS ® X13726524
Year Built
Total Square Footage 0
Lot/Acreage 4790

Interior Details

  • Bedrooms: 0
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond: No
  • Heating: Baseboard
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Water System

Exterior Details

  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer: Sanitary+Storm
  • Parking Features: Outside/Surface,No Garage

Financial Details

  • Tax Amount: $5,741
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 735861163
  • Tax Year: 2026

Payment Calculator

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590 Norman St Greater Sudbury, ON P3E 4C6

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Michael Sotoadeh

Real Estate Broker | Team Sold Today | Michael Sotoadeh | Harvey Kalles Real Estate Ltd., Brokerage

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