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Informations principales sur l'investissement

  • Well-maintained fourplex constructed in 2016, comprising four self-contained 2-bedroom, 1-bath units delivering immediate and stable rental income.
  • Dual frontage on Bancroft Drive and Second Avenue, property located outside Conservation Sudbury’s Regulation Area.
  • Significant Development Density In-Place, zoning permits up to two apartment buildings totaling 60 units.
  • Value-Add and Redevelopment Opportunity.

Résumé analytique

Rare large-scale multi-family investment opportunity with cash-flowing fourplex. This urban development property includes a well-maintained four-plex, built in 2016, on an expansive 4.79-acre parcel in an established residential neighbourhood. The apartment building includes four single-storey self-contained 2-bedroom, 1-bath units, offering immediate and reliable rental income. The site appears to have excellent development potential, with mapping showing dual road frontages on Bancroft Drive and Second Avenue, the entire property located outside of Conservation Sudbury's Regulation Area, and multiple potential connection points for municipal services. The current site-specific zoning R3-1.D30(10), permits two apartment buildings with up to 30 units each. The owner has initiated a rezoning application to R3-1 to increase the number of units and flexibility in built form, with significant pre-development work and studies already completed. This opportunity is well-suited to investors seeking a cash-flowing asset with substantial redevelopment and value-add potential. Buyers to confirm zoning, density, and development possibilities with the appropriate authorities.

Informations sur l’immeuble

Prix 1 553 752 €
Type de vente Investissement
Nb de lots 1
Type de bien Terrain
Sous-type de bien Terrain commercial
Usage proposé
Logement
  • Lots d’appartement
  • Développement de lots planifié
Surface totale du lot 1,94 ha
Zonage R3-1.D30(10)

1 Lot disponible

Lot

Prix 1 553 752 €
Prix par ha 801 545,71 €
Surface du lot 1,94 ha

Well maintained four-plex situated upon 4.79 Acres, perfect for a redevelopment opportunity with current zoning allowing for two multifamily buildings and up to 30 units in each.

Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
  • ID de l’annonce: 39189687

  • Date de mise sur le marché: 23/01/2026

  • Dernière mise à jour:

  • Adresse: 2059 Bancroft Dr, Sudbury, ON P3B 0G1

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