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339 Elm Street, Sudbury, ON, P3C 1V7

MLS® # 40587986
Investment For Sale In Sudbury, Ontario
$775,000
339 Elm Street, Sudbury, ON
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339 Elm Street, Sudbury, ON, P3C 1V7
$775,000

Property Information:

Solid 6 unit building in the heart of Sudbury that has incredible cash flow and potential even in this market with the current interest rates! Currently fully lease (expect unit 2), this 5- 2 bedroom unit and 1 bachelor unit building has a cap rate of around 8.2%. Please see attached expense and financial sheet. Thousand spent on upgrades such as fully renovated unit 1, renovated unit 2, a newer roof from 2023, newer smoke detectors, appliances and more! Separate Hydro Meters With 5 Tenants Paying Their Own Hydro. 6 Surface rear Parking Spots At The Rear Of The Building. Excellent Prospect For Investors Seeking A Higher Cap Rate Than In The GTA.

Inclusions: Carbon Monoxide Detector,6 Stoves, 6 Fridges, 1 Coin Operated Washer And Dryer.

Exclusions : Tenant Possessions

Building Features:

  • Floor Space: 3000 Square Feet

Property Features:

  • Bedrooms: 11
  • Acres Range: < 0.5
  • Basement: Full, Finished
  • Built in: 1940
  • Cooling: Other
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 3000 Square Feet
  • Heating: Radiant
  • Interior Features: Separate Hydro Meters
  • Laundry Features: Coin Operated
  • Lot Depth: 100 Feet
  • Lot Features: City Lot, Park, Public Transit, Rec./Community Centre, Schools
  • Lot Frontage: 44.00 Feet
  • Roof: Tar/Gravel
  • Security Features: Carbon Monoxide Detector
  • Water Source: Municipal
  • Zoning: C2, R2-3, C2(103)
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX Real Estate Centre Inc, Brokerage

Data provided by: The Oakville, Milton and District Real Estate Board 125 Navy Street, Oakville, Ontario L6J 2Z5
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 339 Elm Street, Sudbury, ON, P3C 1V7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

30 hot days expected in 2050

Projected Storm Risk: High

14 storms expected in 2050

Projected Heat Risk: High

30 hot days expected in 2050

43/100

High

ClimateCheck®

Current data

This property, 339 Elm Street , experiences 7 hot days per year at around 29.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 33 degrees Celsius.

Projected Avg. Temperature

Past
29.7℃
2050
33℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: High

14 storms expected in 2050

58/100

High

ClimateCheck®

Current data

This property, 339 Elm Street , experiences 11 significant 2-day storms per year, with about 294.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 374mm of precipitation per year.

Precipitation Per Storm

Past
294.8mm
2050
374mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 339 Elm Street, Sudbury, ON, P3C 1V7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$87,789.24

Average Number of Children

1.47

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.14 %

High school certificate or equivalent

29.25 %

Apprenticeship trade certificate/diploma

4.78 %

College/non-university certificate

30.3 %

University certificate (below bachelor)

0.1 %

University Degree

17.43 %

Commuter

Travel To Work

By Car

76.45 %

By Public Transit

10.24 %

By Walking

8.23 %

By Bicycle

0.0 %

By Other Methods

5.08 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.45 %

Houses

43.55 %

Own Vs. Rent