1590 Kelly Lake Road Sudbury, Ontario P3E 4M1
Baseboard Heaters
$1,899,900
Great investment property in Sudbury’s South End location. This building has been meticulously maintained by the owners for over 37 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 6.52% and gross income over $158K! 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:15069)
Property Details
| MLS® Number | 2124668 |
| Property Type | Multi-family |
| Neigbourhood | Sudbury |
| Amenities Near By | Park, Public Transit, Schools |
| Equipment Type | Water Heater - Electric |
| Rental Equipment Type | Water Heater - Electric |
| Storage Type | Storage |
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
| Acreage | No |
| Land Amenities | Park, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R3-1 |
https://www.realtor.ca/real-estate/28853212/1590-kelly-lake-road-sudbury
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January 22 2026 04:45:55
Sudbury Real Estate Board
RE/MAX Crown Realty (1989) Inc., Brokerage (Sudbury)