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265 & 267 Cedar Street, Sudbury, Ontario, P3B 1M8

MLS® # 2119691
Investment For Sale In Sudbury, Ontario
$699,000
265 & 267 Cedar Street, Sudbury, ON - Outdoor With Facade
265 & 267 Cedar Street, Sudbury, ON - Indoor Photo Showing Kitchen
265 & 267 Cedar Street, Sudbury, ON - Indoor Photo Showing Kitchen
265 & 267 Cedar Street, Sudbury, ON - Indoor Photo Showing Other Room
265 & 267 Cedar Street, Sudbury, ON - Outdoor With Facade
265 & 267 Cedar Street, Sudbury, ON - Indoor Photo Showing Kitchen
265 & 267 Cedar Street, Sudbury, ON - Indoor Photo Showing Kitchen
265 & 267 Cedar Street, Sudbury, ON - Indoor Photo Showing Other Room
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Home Insurance - TD Insurance
Get a home insurance quote online for this $699,000 property in Sudbury
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Home Insurance - TD Insurance

Get a home insurance quote online for this $699,000 property in Sudbury

Provided by TD Insurance
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265 & 267 Cedar Street, Sudbury, Ontario, P3B 1M8
$699,000

Property Information:

This is a real money maker! This 16 unit building offers a Great location for tenants with proximity to shopping, buses and downtown office hub. There are 14 rooms, 2 x 2 bedrooms apartments, 1 storage unit. This property has been property has been operating as a business for over 40 years & makes a very good return. Many long-term tenants. In the last few years the property has undergone extensive updates to both the interior and exterior, boiler upgrades and a monitored fire alarm system. There are a few certificates that been done including fire safety plan & a Retrofit Certificate. A confidentiality agreement must be signed before any financial information is released. Gross income approximately $105,000.00/yr. Great deal so call for a showing!! (id:27)

Building Features:

  • Style: Multiplex
  • Basement Type: Full
  • Exterior Finish: Brick, Vinyl siding
  • Fire Protection: Fire alarm system
  • Flooring Type: Hardwood, Linoleum, Vinyl
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Boiler
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Zoning: C4-1
  • Sewer: Municipal sewage system
  • Parking Type: Gravel

Courtesy of: SUTTON-BENCHMARK REALTY INC., BROKERAGE

REALTOR.ca  

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Location of 265 & 267 Cedar Street, Sudbury, Ontario, P3B 1M8

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: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

14 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

43/100

Moderate

ClimateCheck®

Current data

This property, 265 & 267 Cedar 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 Precipitation Risk: Moderate

14 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 265 & 267 Cedar Street , experiences 11 significant 2-day storms per year, with about 295.6mm 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 374.7mm of precipitation per year.

Precipitation Per Storm

Past
295.6mm
2050
374.7mm

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.

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Demographic Information of 265 & 267 Cedar Street, Sudbury, Ontario, P3B 1M8

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$74,608.62

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.36 %

High school certificate or equivalent

32.06 %

Apprenticeship trade certificate/diploma

5.12 %

College/non-university certificate

25.59 %

University certificate (below bachelor)

0.09 %

University Degree

15.78 %

Commuter

Travel To Work

By Car

67.65 %

By Public Transit

24.81 %

By Walking

4.16 %

By Bicycle

0.0 %

By Other Methods

3.38 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

71.02 %

Houses

28.98 %

Own Vs. Rent

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