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506 Lasalle Boulevard, Sudbury, Ontario, P3A 1W9

MLS® # 2115548
Investment For Sale In Sudbury, Ontario
$1,650,000
506 Lasalle Boulevard, Sudbury, ON - Outdoor With Balcony
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Laundry Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Kitchen With Double Sink
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Bathroom
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Kitchen
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Kitchen With Double Sink
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Bathroom
506 Lasalle Boulevard, Sudbury, ON - Outdoor With Balcony
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Office
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Bedroom
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Kitchen With Double Sink
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Bathroom
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Living Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Kitchen
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Bathroom
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Basement
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON  - Outdoor With Balcony
506 Lasalle Boulevard, Sudbury, ON  - Indoor Photo Showing Laundry Room
506 Lasalle Boulevard, Sudbury, ON  - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON  - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Kitchen With Double Sink
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Bathroom
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Kitchen
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Kitchen With Double Sink
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Bathroom
506 Lasalle Boulevard, Sudbury, ON - Outdoor With Balcony
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Office
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Bedroom
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Kitchen With Double Sink
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Bathroom
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Living Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Kitchen
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Bathroom
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Basement
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
506 Lasalle Boulevard, Sudbury, ON - Indoor Photo Showing Other Room
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506 Lasalle Boulevard, Sudbury, Ontario, P3A 1W9
$1,650,000

Property Information:

Nestled in the vibrant heart of Lasalle Blvd, this 10-unit multifamily property presents an enticing prospect for seasoned investors and newcomers alike. Strategically positioned within walking distance to all amenities and conveniently situated on a bus route, this property ensures unparalleled accessibility for tenants. Its prime location also places it in close proximity to Revenue Canada, College Boreal, and Cambrian College, making it an ideal choice for students, faculty, and professionals seeking quality rental accommodations. Step inside to discover a wealth of features designed to enhance tenant satisfaction and investor profitability. The inclusion of in-building coin-operated laundry facilities not only adds convenience for residents but also serves as an additional revenue stream for savvy investors. Many units within the property boast coveted balcony spaces, providing tenants with private outdoor retreats to relax and soak in the urban ambiance. Recent updates throughout several units ensure modern comfort and appeal, further enhancing the property's allure and value proposition. With a few units leased below market rates, there exists significant room for rental escalation, promising substantial future returns. Whether you're looking to expand your portfolio or embark on your first venture into multifamily ownership, this property invites you to capitalize on the thriving Sudbury rental market! (id:27)

Building Features:

  • Style: Multiplex
  • Basement Type: Full, Unknown
  • Exterior Finish: Brick
  • Flooring Type: Laminate, Linoleum
  • Foundation Type: Unknown
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Baseboard heaters

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Year-round access
  • Amenities Nearby: Public Transit, Shopping
  • Zoning: R1-3
  • Sewer: Municipal sewage system

Courtesy of: RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)

REALTOR.ca  

Location of 506 Lasalle Boulevard, Sudbury, Ontario, P3A 1W9

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, 506 Lasalle Boulevard , experiences 7 hot days per year at around 29.8 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 33.1 degrees Celsius.

Projected Avg. Temperature

Past
29.8℃
2050
33.1℃

# 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, 506 Lasalle Boulevard , experiences 11 significant 2-day storms per year, with about 294.5mm 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 373.1mm of precipitation per year.

Precipitation Per Storm

Past
294.5mm
2050
373.1mm

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 506 Lasalle Boulevard, Sudbury, Ontario, P3A 1W9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$129,488.32

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.48 %

High school certificate or equivalent

26.77 %

Apprenticeship trade certificate/diploma

7.97 %

College/non-university certificate

28.93 %

University certificate (below bachelor)

0.38 %

University Degree

23.46 %

Commuter

Travel To Work

By Car

78.57 %

By Public Transit

11.35 %

By Walking

2.55 %

By Bicycle

0.05 %

By Other Methods

7.48 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

35.75 %

Houses

64.25 %

Own Vs. Rent