506 Lasalle Boulevard Sudbury, Ontario P3A 1W9

$1,650,000

Nestled in the vibrant heart of Lasalle Blvd, this 10-unit multifamily property presents an enticing prospect for seasoned investors and newcomers alike. Strategically positioned within walking distance to all amenities and conveniently situated on a bus route, this property ensures unparalleled accessibility for tenants. Its prime location also places it in close proximity to Revenue Canada, College Boreal, and Cambrian College, making it an ideal choice for students, faculty, and professionals seeking quality rental accommodations. Step inside to discover a wealth of features designed to enhance tenant satisfaction and investor profitability. The inclusion of in-building coin-operated laundry facilities not only adds convenience for residents but also serves as an additional revenue stream for savvy investors. Many units within the property boast coveted balcony spaces, providing tenants with private outdoor retreats to relax and soak in the urban ambiance. Recent updates throughout several units ensure modern comfort and appeal, further enhancing the property's allure and value proposition. With a few units leased below market rates, there exists significant room for rental escalation, promising substantial future returns. Whether you're looking to expand your portfolio or embark on your first venture into multifamily ownership, this property invites you to capitalize on the thriving Sudbury rental market! (id:35492)

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https://www.realtor.ca/real-estate/26628527/506-lasalle-boulevard-sudbury