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Adele  McGovern, Sales Representative

Adele McGovern
Sales Representative
Direct: 416-871-2631

Phil  Cunliffe, Sales Representative

Phil Cunliffe
Sales Representative
Direct: 416-875-4575

Pic_of_house
Status:
For Sale
Property Price:
$2,495,000
Business Type:
Apts-13 To 20 Units
Property Type:
Investment
Age:
51-99
Cross Street:
Frood Road & Beech St
Heating:
Water Radiators
Financial Statement:
No
Freestanding:
Yes
Front Footage:
133
Industrial Area:
0
Legal Description:
Pt Lt 196, Blk A, Plan 3Sa, As In S102751 City Of
Sewers:
Storm
Total Size:
4983 Sq Ft
Type Taxes:
Annual
Zoning:
Commercial
Lot Size:
133 X 59 Feet
Water:
Municipal
Remarks:

Welcome to 44 Frood Road, Super Rare, Turn Key 18-Plex Multi-Family Apartment Building Located In The Heart Of Downtown Sudbury. 18 Units Total Consisting Of 1 X Studio, 11 X 1 Bedroom, 6 X 2 Bedroom Units And Coin Laundry. Separate Hydro Meters. Over $1M Spent In Extensive Renovations Throughout Including New Boiler (2022) And New Roof,(2021) With 15 Year Warranty. Assumable $1.5M CMHC at 2.86%, 10 Year Term. 30 Year Amortization.

Potential For Upside On Market Rents, Billboard Roof Signage, Potential For Additional Storeys For Increased Density Through Additional Floors, Potential Upside For Increased Rent, Potential For A Redevelopment Site With Increased Density.

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Adele  McGovern, Sales Representative

Adele McGovern
Sales Representative
Direct: 416-871-2631

Phil  Cunliffe, Sales Representative

Phil Cunliffe
Sales Representative
Direct: 416-875-4575

House 0