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507 Percy Avenue
Sudbury Greater Sudbury P3B 2Y2

$705,000 /For Sale
Commercial

Main Photo: 507 Percy Avenue in Greater Sudbury: Sudbury Commercial for sale : MLS®# X12202486
Photo 1: 507 Percy Avenue in Greater Sudbury: Sudbury Commercial for sale : MLS®# X12202486
Photo 2: 507 Percy Avenue in Greater Sudbury: Sudbury Commercial for sale : MLS®# X12202486
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Photo 12: 507 Percy Avenue in Greater Sudbury: Sudbury Commercial for sale : MLS®# X12202486
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12202486
Bus Major:
Apts - 6 To 12 Units
Money making 6plex building in the Centre of Sudbury. Gross Rent over $90K with Net Rent in excess of $72K. New Windows (2023), coin op, gas boiler (2020), 4-Large one bedroom units($1k), 1-4Bedroom($2k) and 1-3Bedroom($2k) units, parking in front and at the rear for over 7 vehicles. Always rented. One 1Bd unit below market rent ($780), typical rental $1k/mth to $2k/mth. Most units, kitchen and bathroom have been updated (2024). Vacant unfinished basement. Fully tenanted - 30 hours notice for viewings.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
4600 sq. ft. Square Feet
Total Area:
4,600 sq. ft.
Depth:
115'
Frontage:
40'
Water supply:
Municipal
Zoning:
R2-3
Heating type:
Gas Hot Water
Garage:
None
Possession Details:
Immediate
HST Applicable To Sale Price:
Not Subject to HST
Assessment Year:
2024
Type Taxes:
Annual
Taxes:
$5,200 / 2024
Assessment:
$- / 2024
Greater Sudbury
Sudbury
Greater Sudbury
Partial
BOILER, WATER HEATER, COIN OP WASHER/DRYER
TENANT ITEMS
Utilities:
Available
Air Conditioning:
No
Seller Property Info Statement:
No
Financial Statements:
Yes
Expenses Actual/Estimated:
Estimated
Heating Expenses:
$4,000
Hydro Expenses:
$3,200
Insurance Expenses:
$2,500
Tax Expenses:
$5,200
Water Expenses:
$3,000
Year Expenses:
2024
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Franchise:
No
Chattels:
Yes
Date Listed:
Jun 06, 2025
Original Price:
Previous Price:
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Listed by CENTURY 21 HERITAGE GROUP LTD.
Data was last updated June 25, 2025 at 09:15 PM (UTC)
ANDREW JOHN COCKS
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