20 Cypress St - Apartments FOR SALE


Sudbury, ON P3C 4G3
$1,650,000 CAD
705-673-3000
20 Cypress St, Sudbury, ON for Sale
$1,650,000 CAD
Apartments - FOR SALE
1/65
null | Request Cap Rate

20 Cypress St
Sudbury, ON P3C 4G3


OVERVIEW

This 13-unit building presents a rare opportunity for investors or owner-operators looking to capitalize on strong rental demand and future appreciation. The unit mix includes 2 bachelor units, 5 one-bedroom units, and 6 two-bedroom units—offering flexibility and appeal to a broad tenant base. Situated on a C4(1) zoned lot, the property benefits from favorable zoning that supports a variety of residential and commercial uses. A number of units are currently vacant, providing immediate potential for new ownership to hand-pick tenants and set market rental rates. Renovations are already underway on select units, leaving plenty of room for additional value-add strategies and rental uplift. With strong bones, in-progress improvements, and significant upside, this property is an ideal acquisition for those seeking cash flow with growth potential.

FOR SALE DETAILS

PRICE

$1,650,000 CAD

PRICE/SF

$225 CAD /SF

# OF UNITS

12

PRICE/UNIT

$137,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,282 SF

ZONING

C4(1)

APN/PARCEL ID

530704000101700,735850863

ASK ABOUT THIS PROPERTY

Justin MuzzattiMallette Goring Inc.More Info
705-673-3000

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Justin MuzzattiMallette Goring Inc.More Info
705-673-3000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.