For sale
Multi-Family

90 Riverside Drive

$1,120,000
Greater Sudbury, Ontario, P3E 1G8

Overview

  • Updated On:
  • July 03 2025
  • MLS® Number
  • X12260498

Description

Prime Investment Opportunity: The Anna 6-Plex with In-Law Suite in Sudbury Discover The Anna, a well maintained 6-plex with an additional2-bedroom in-law suite, strategically located in the heart of Sudbury. This turnkey multi-family property combines modern upgrades, reliable cash flow, and low maintenance, making it an exceptional investment opportunity. Property Highlights Configuration: Seven spacious 2-bedroom units, including one in-law suite, all fully occupied with a mix of long-term tenants at near-market rental rates. Rental Income: Unit 1: $1,600/month (all-inclusive)Unit 2: $1,650/month + hydro Unit 3: $1,450/month + hydro Unit 4: $1,450/month + hydro Unit 5: $1,300/month + hydro Unit 6: $1,350/month + hydro Unit 7: $1,620/month (all-inclusive)Laundry: $300/month Total Monthly Income: $9,720Annual Gross Income: $116,640Taxes 2025Modern Upgrades:$8974Updated kitchens and refreshed bathrooms in all units. Fresh paint and hardwood flooring in most units, enhancing tenant appeal. Six units feature private walkout porches, providing desirable outdoor living space. Cost-Efficient Operations: Six units equipped with individual hydro meters; tenants in five units cover their own hydro expenses, minimizing owner costs. New boiler installed in 2022 for reliable heating. Rented hot water tank on-site coin laundry facilities add convenience and reduce maintenance overhead. Investment Advantages: (id:57887)

Price:
Price Info:
Property Size: 9600 sqft
Property Type: Multi-family
Building Type: Multi-Family
Neighbourhood: Sudbury
Appliances
Dryer
Hood Fan
Washer
Cooling & Heating
Natural gas
Hot water radiator heat
$ 5,742.46
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,342.46
Size
SizeExterior: 9600 sqft
SizeInterior: 9600 sqft
Construction
Age: 51 to 99 years
Utility
UtilityWater: Municipal water
Acreage: No
LandAmenities: Public Transit
SizeDepth: 72 Ft
SizeFrontage: 40 Ft
SizeIrregular: Bldg=40 X 72 Ft
SizeTotalText: Bldg=40 X 72 Ft
ZoningDescription: R2-3
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