124 CEDAR ST, Sudbury Remote Area, Ontario, P3E3L6
Sales Representative
The Brokerage Real Estate
Cell: 647-564-1246
$6,088,000 - For sale
Cap Rate 8.8%! 124 Cedar Street Is A Mixed-Use Commercial And Luxury Residential Building In Downtown Sudbury, Ontario. The Property Is Fully Leased And Contains 27,748 Square Feet Across Four Stories. Property Features Include 75 Feet Of Cedar Street Frontage, A Secure Entry Vestibule, A Mailbox Area, And A Building Stairwell And Elevator. Comprised Of All Aaa Tenants On The First And Second Floors, Occupying Businesses Include Legal And Accounting Firms, Youth Educators, And A Private High School. Ranging From Studios To One-Bedroom And Two-Bedroom Apartments, A Total Of 20 Brand-New Apartment Units Are Located On The Third And Fourth Floors. The Residential Units Have Been Recently Renovated With New Kitchens, Laminate And Tile Flooring, And Bathroom Fixtures. Situated Beside A Cibc Bank Branch, Experience A Prime Downtown Location Surrounded By Government Buildings, Hotels, Dining, And Entertainment Options. 124 Cedar Street Sits To The Right Of The Gova Transit Downtown Hub.**** EXTRAS **** Zoning As A Commercial Residential C6. Potential To Increase To Another 20-30 Units Of Apartments Without Rezoning Or Adding Additional Floors To Make It A Midrise Building. The Title Can Be Severance As An Individual Condo. (id:2471)
- Property Address:124 CEDAR ST, Sudbury Remote Area, Ontario, P3E3L6
- Property Type:Multi-family
- Lot Size:Bldg=114 x 93 FT
- Acreage:Bldg=114 x 93 FT
- Water Type:Municipal water
- Structure Style:Multi-Family
- Floor Space:24000 sqft
- Heating Type:Baseboard heaters
Sales Representative
The Brokerage Real Estate
Cell: 647-564-1246
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
- Map 124 CEDAR ST, Sudbury Remote Area, Ontario, P3E3L6
- Neighbourhood Information
124 CEDAR ST, Sudbury Remote Area, Ontario, P3E3L6
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