$6,000,000 FOR SALE

Investment

Lot: 114 x 93 ftTotal Area: 24,000 ft2
2023 Taxes: $75,418.69

124 Cedar St
Sudbury Remote Area, ON P3E 1B4 | Sudbury

Welcome to 124 cedar street in the heart of downtown Sudbury, Ontario. This mixed use building, which has a cap rate of 9%, features 11,997 Sqft of leased office space on the 1st and 2nd floor along with 20 newly built luxury apartments ranging from 4 x studios, 8 x one bedrooms and 8 x two bedroom on the 3rd and 4th floors. Prime downtown location surrounded by government buildings, hospital, university, bus terminal, mall, and highway

Extras
75 feet of Cedar Street frontage, secure entry with a vestibule, a mailbox area, and convenient building access via stairwell and elevator

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Listed By BAY STREET GROUP TPRT
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9256553
Last Updated Aug 22, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 13 to 20 Units
Category Apartment
PIN 735840106
Occupancy Tenant
Possession Date TBA
Taxes (2023) $75,418.69
Tax Type Annual
Directions/Cross Streets Cedar St and Paris St
Area Sudbury
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 114 x 93 ft
Total Area 24,000 ft2
Air Conditioning N
Basement N
Garage Type Outside/Surface
Heat Type Baseboard
Area Influences Major Highway
Sprinklers N
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning C2
Seller Property Info Statement N

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