This immaculate all-brick 10-plex is ideally located within walking distance to downtown, Bell Park, Health Sciences North, and numerous amenities, making it one of the city's most desirable rental locations. The building consists of six spacious 2-bedroom units and four 1-bedroom units, offering a strong and diversified rental mix. Meticulously maintained and extensively upgraded, this is a turnkey property. Significant capital improvements have been completed over recent years, including a fully resurfaced roof (2017), new flooring in multiple units (2020–2022), two apartments completely renovated with new kitchens, countertops, updated appliances, new wiring and plumbing (2020–2021), new hot water tanks (2026), and a freshly refinished laundry room with new stainless steel sinks (2026). The building is fully secured with keypad entry, comprehensive video surveillance (front, rear, and both parking areas), and Nest smart sensors in several units connected to a central thermostat — keeping operating costs in check. A coin laundry serves as an additional income stream. In addition to the impressive residential income, the property includes a massive built-in heated garage capable of accommodating up to eight vehicles. Complete with its own 3-piece bathroom, this versatile space is currently excluded from rental income and presents excellent potential for additional revenue through heated vehicle or motorcycle storage, a small shop, or personal use. Each apartment also benefits from its own large dedicated storage unit. The property features a unique two-storey owner's suite with two bathrooms and a recreation room, providing an ideal option for owner-occupancy or premium rental income. Don't miss your chance to add this outstanding asset to your investment portfolio. (id:4069)
Address
69 Edinburgh Street
List Price
$1,799,900
Property Type
Multi-family
Transaction Type
Sale
Area
Ontario
Sub-Area
Sudbury
MLS® Number
2128605
Listing Brokerage
EXP REALTY, BROKERAGE (MAIN)
Basement Area
Full
Postal Code
P3E1G5
Zoning
R2-3
Ownership
Freehold
Site Influences
Hospital, Park, Public Transit, Schools
Foundation Details
Block, Concrete
Number Of Floors In Building
3
Water Source
Municipal water
Sewer
Municipal sewage system
