90 Riverside Drive
Interior view
Interior view
11
For Sale376 days on Market

90 Riverside Drive

Greater Sudbury, ON, P3E 1G8

Community:Sudbury

Asking Price

$1,020,000

$1,120,000$100,000

Frontage

40 ft.

Lot Depth

72 ft.

Square Foot

9,600 ft.

Lot Area

2,900 Feet

Zoning

Commercial

90 Riverside Drive, Greater Sudbury, P3E 1G8

Property Description

Original Remarks

Prime Investment Opportunity: The Anna 6-Plex with In-Law Suite in Sudbury Discover The Anna, a well maintained 6-plex with an additional2-bedroom in-law suite, strategically located in the heart of Sudbury. This turnkey multi-family property combines modern upgrades, reliable cash flow, and low maintenance, making it an exceptional investment opportunity. Property Highlights Configuration: Seven spacious 2-bedroom units, including one in-law suite, all fully occupied with a mix of long-term tenants at near-market rental rates. Rental Income: Unit 1: $1,600/month (all-inclusive)Unit 2: $1,650/month + hydro Unit 3: $1,450/month + hydro Unit 4: $1,450/month + hydro Unit 5: $1,300/month + hydro Unit 6: $1,350/month + hydro Unit 7: $1,620/month (all-inclusive)Laundry: $300/month Total Monthly Income: $9,720Annual Gross Income: $116,640Taxes 2025Modern Upgrades:$8974Updated kitchens and refreshed bathrooms in all units. Fresh paint and hardwood flooring in most units, enhancing tenant appeal. Six units feature private walkout porches, providing desirable outdoor living space. Cost-Efficient Operations: Six units equipped with individual hydro meters; tenants in five units cover their own hydro expenses, minimizing owner costs. New boiler installed in 2022 for reliable heating. Rented hot water tank on-site coin laundry facilities add convenience and reduce maintenance overhead. Investment Advantages:

PROPERTY HISTORY

90 Riverside Drive

PROPERTY DETAILS

OccupancyInvestment
Possession TypeFor Sale
Heating TypeGas Hot Water
WaterMunicipal
SewersSanitary+Storm Available
Retail Area9,600 ft
Ownership Type
Basement
Garage TypeNone
Elevator
CommunitySudbury
Hours Open
CategoryApartment
LLBO
Days Open
Business / BuildingBuilding
Employees
Financial Statement
Franchise Seats
Drive Parking Spaces5
Drive Parking Spaces

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