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Home ON Greater Sudbury Sudbury
44 FROOD ROAD
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44 FROOD ROAD $2,495,000
3 days ago
$2,495,000
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44 FROOD ROAD
Sudbury Remote Area, Ontario P3C4Z2

MLS® Number: X10428682

Listing Description

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. **** EXTRAS **** 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. (38089379)

Location Description

Frood Road / Beech Street

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Land Size
Bldg=59.7 x 133.18 FT
Annual Property Taxes
$30,576.99
Time on REALTOR.ca
3 days

Building

Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Hot water radiator heat
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)
Neighbourhood Features
Amenities Nearby
Public Transit, Recreation

Measurements

Square Footage
4984 sqft
Exterior Building Size
4984 sqft

Land

Lot Features
Frontage
59 ft ,8 in
Land Depth
133 ft ,2 in
Other Property Information
Zoning Description
Commercial
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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