$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
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
Estimated mortgage payment
$3,432 per month
- Principal and interest
- $3,432
- Property tax
- $512
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $166,975
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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