506 Lasalle Boulevard, Sudbury, Ontario

$1,650,000

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About 506 Lasalle Boulevard

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:6289)

Features of 506 Lasalle Boulevard

Listing # 2115548
Price $1,650,000
Bathrooms 0.00
Acres 0.00
Type Multi-family
Sub-Type Freehold

Community Information

Address 506 Lasalle Boulevard
City Sudbury
Province Ontario
Postal Code P3A1W9

Amenities

Amenities Public Transit, Shopping
Is Waterfront No
Has Pool No

Interior

Heating Baseboard heaters
Fireplace No
# of Stories 3
Has Basement No

Exterior

Exterior Brick
Roof Asphalt shingle
Foundation Unknown

Listing Details

OfficeRE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)

Listing Map

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