590 Norman Street
Sudbury
Greater Sudbury
P3E 4C6
$939,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X13726524
- Bus Major:
- Apts - 6 To 12 Units
- Photos (17)
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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.
- Percent of Building:
- 100
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- Yes
- Approx. Age:
- 51-99
- Total Area:
- 3150 sq. ft. Square Feet
- Total Area:
- 3,150 sq. ft.293 m2
- Lot Depth:
- 125'38.1 m
- Lot Frontage:
- 40'12.2 m
- Lot Shape:
- Rectangular
- Bathrooms:
- 6.0
- Water supply:
- Municipal
- Soil Test:
- No
- Zoning:
- R2-2, Low Density Residential Two
- Heating type:
- Baseboard
- Survey Available:
- No
- Garage:
- Outside/Surface
- Parking Spaces:
- 5
- Possession Details:
- Flexible
- HST Applicable To Sale Price:
- Not Subject to HST
- Development Charges Paid:
- Unknown
- Type Taxes:
- Annual
- Taxes:
- $5,740.58 / 2026
- Assessment:
- $- / -
- Greater Sudbury
- Greater Sudbury
- Sudbury
- Public Transit, Recreation/Community Centre
- No
- None
- All existing appliances including six fridges, six stoves, fixed kitchen exhaust fans, one coin-operated washer and one dryer, hot water tank & boiler system, three sheds in backyard
- Tenant's personal belongings and chattels
- None
- No
- No
- UFFI:
- No
- Amperage:
- 200
- Volts:
- 120
- Water Supply Types:
- Water System
- Utilities:
- Yes
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Sewers:
- Sanitary+Storm
- Air Conditioning:
- No
- Seller Property Info Statement:
- No
- Financial Statements:
- Yes
- Gross income:
- $87,981.15
- Expenses Actual/Estimated:
- Estimated
- Year Expenses:
- 2026
- Major Business Type:
- Apts - 6 To 12 Units
- Category:
- Apartment
- Franchise:
- No
- Chattels:
- Yes
- Outside Storage:
- Yes
- Date Listed:
- Aug 31, 2026
Larger map options:
Listed by HOMELIFE LANDMARK REALTY INC.
Data was last updated August 31, 2026 at 02:15 PM (UTC)
- HomeLife Landmark Realty Inc.
- 7240 Woodbine Ave #103, Markham, ON L3R 1A4
- (905) 305-1600
- Contact by Email
The enclosed information while deemed to be correct, is not guaranteed.
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