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Home ON Greater Sudbury Chelmsford
218 Leroux St
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218 Leroux St $2,150,000
$2,150,000
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218 Leroux St
Chelmsford, Ontario P0M1L0

MLS® Number: TB242347

Listing Description

Opportunities like this only come once in a while. This revenue streaming complex with 8 residential units sits on 1.3-acres of land. Fronting on the corner of Highway 144 and Leroux Street in Chelmsford, Ontario (Greater Sudbury). The building has six 3-bedroom units, one 2-bedroom unit and a bachelor apartment. So much potential with this property for future development. The current owners have been talking with the municipality about building two 30-unit apartment buildings on the property. You could potentially build the first 30 unit building beside the 8 unit building to continue to collect the revenue, and once the 30 unit is built and occupied, remove the 8 unit building and build your second 30-unit apartment complex. (27454137)

Location Description

In Parry Sound,ON. Take Hwy 69 North and Continue for 140KM; from here use the onramp to access Hwy 17 West (signs for Sault Ste Marie) Continue West on Hwy 17 for 17.8KM; From here take Hwy 144 North and Continue for 19.9km (Signs for Timmins); You are now at the corner of Hwy 144 and Leroux St. The subject property is on the Southeast corner.

Property Summary

Property Type
Multi-family
Community Name
Chelmsford
Land Size
1 - 3 acres
Annual Property Taxes
$14,000
Parking Type
Other (11), Surfaced, Gravel
Time on REALTOR.ca
120 days

Building

Utilities
Utility Type
Cable (Available), Electricity (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding, Stone
Business
Business Type
Residential (Residential)
Neighbourhood Features
Community Features
Bus Route
Parking
Parking Type
Other (11), Surfaced, Gravel

Measurements

Square Footage
2500 sqft

Land

Lot Features
Frontage
259
Land Depth
225 ft
Other Property Information
Access
Road access
Data provided by: Thunder Bay Real Estate Board 1135 Barton Street, Thunder Bay, Ontario P7B 5N3

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