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$ 2,100,000
Est. payment | /mo
$ 2,100,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 2123605
Property Sub-Type Freehold
Source Sudbury Real Estate Board
Property Description
Welcome to the Haddad Building – a distinguished and exceptionally maintained 8-unit apartment building that blends timeless charm with thoughtful modern upgrades. Located in one of Sudbury's most desirable neighbourhoods, this 1930s-era gem presents a rare opportunity for investors seeking both character and consistent performance. The building features six expansive 2-bedroom units, each over 1,000 sq. ft., showcasing grand living and dining rooms filled with natural light – a unique and highly appealing feature for tenants. Classic architectural elements like tall ceilings, hardwood floors, clawfoot tubs, and generous layouts are complemented by updated kitchens and bathrooms in most suites. Two bright 1-bedroom garden-level units offer excellent versatility and retain their vintage charm. Notable capital improvements & features include: ·Full brick façade rebuild (2024–2025) ·Black-framed windows and doors ·New exterior landscaping and curb appeal upgrades ·Double boiler heating system (2021) ·Coin-operated laundry and 9 hydro meters ·Recent interior renovations: kitchens, bathrooms, appliances, and finishes The rooftop solar microFIT contract generates approximately $6,600 annually, adding another stream of income. The Haddad Building experiences minimal vacancy, with suites in high demand – particularly among professionals affiliated with the nearby McEwan School of Architecture. With strong income, low maintenance requirements, and exceptional tenant appeal, this is a turn-key asset and a rare investment opportunity in the heart of Sudbury. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Boiler, Hot Water
Flooring Hardwood, Laminate
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://youtu.be/svZmRaLZFQI
Listed by SUTTON-BENCHMARK REALTY INC., BROKERAGE
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