Gurvinder Nokwal REALTOR®
For Sale Fourplex 144 days on market

$775,000

Est. payment $3,432/moCalculate yours

257 Oak Street, Greater Sudbury, ON P3C 1N1

Sudbury, Greater Sudbury, ON P3C 1N1

  • 8 Beds
  • 4 Baths
  • 1 Garage
  • 3,000 Sq Ft
Map

Listing courtesy of SUTTON-BENCHMARK REALTY INC., BROKERAGE MLS® X13247938

About this home

This solid 4-plex located at 257 Oak Street features four spacious 2-bedroom units, all currently tenanted on plus-hydro leases with reliable tenants in place. The property includes an attached rear-access garage already generatingstorage income, along with three brand new basement storage units ready to rent as additional revenue streams.The roof was fully replaced in 2022, and the building runs on a gas boiler with a full-height walk-out basement. Withall appliances included, the property is turn-key for the next owner. Located in a downtown-adjacent pocket ofSudbury, walking distance to the core and transit at the door, tenant demand on this street has remainedconsistently strong. Generating almost $90,000 in annu**INTERBOARD LISTING: SUDBURY REAL ESTATE BOARD**al gross revenue with an NOI of nearly $70,000 and a caprate over 8.5%, this is a strong-performing investment opportunity with built-in upside.

Property details

Overview

Property Type
Fourplex
Style
2-Storey
For
For Sale
Status
New
Size
3,000 sqft

Interior

Bedrooms
8
Bathrooms
4
Kitchens
4
Basement
Separate Entrance, Full

Building & Systems

Heating
Water (Gas)
Cooling
None
Exterior
Aluminum Siding, Brick
Foundation
Poured Concrete
Roof
Fibreglass Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
50 x 116 Feet
Parking
Attached garage · 8 total

Financial

Property Taxes
$6,141 (2026)

Location

Neighbourhood
Sudbury
Cross Street
Oak Street and Alder Street
Direction Faces
South

Listing

MLS® Number
X13247938
Days on Market
144
Listed On
2026-05-27
Possession
Immediate
Listed By
SUTTON-BENCHMARK REALTY INC., BROKERAGE

Features

Interior

  • Carpet Free
  • Storage Area Lockers
  • Separate Hydro Meter

Pool

  • None
Included
Four Refrigerators, Four Stoves.
Excluded
ALL TENANT BELONGINGS.
Rental items
Water Heater (gas)

Mortgage calculator

Minimum for this price: $52,500 (6.77%)

Amortization, years

Estimated mortgage payment

$3,432 per month

Principal and interest
$3,432
Property tax
$512
Estimated monthly cost
$3,943

Your mortgage

Mortgage amount
$620,000
Mortgage insurance
Not needed
Interest over 25 years
$409,460

Cash to close

Down payment
$155,000
Land transfer tax
$11,975
Total, before legal fees
$166,975
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

257 Oak Street, Greater Sudbury, ON P3C 1N1 Sudbury, Greater Sudbury, ON P3C 1N1
Open in Google Maps

Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$775,000 257 Oak Street, Greater Sudbury, ON P3C 1N1
Request a showing