29 Laren Street, Greater Sudbury, ON P0M 3C0, Greater Sudbury, ON
Bed 43
Bath 26
This is not your average income property. Set on a quiet dead-end street in a serene, residential pocket just 10-15min from New Sudbury. This rare and versatile investment sits on 1.2 acres and offers 18 total units, made up of eight two-storey townhomes &a 9-unit apartment building with a large five-bedroom, two-storey home attached. Each of the eight townhomes features three bedrooms, one-and-a-half bathrooms, a full basement, and a private backyard. With no shared common areas and separate entrances, they feel just like single-family homes. Even better, all townhomes are separately metered, and tenants pay their own heat, hydro, and water-keeping your operating expenses low and predictable. Each unit is heated by its own forced-air natural gas furnace and has its own water heater. The nine-unit apartment building offers a solid, stable tenant mix and includes access to coin-operated laundry, secure storage lockers, and is heated by newer, high-efficiency Viessmann gas boilers. Attached to the apartment block is a spacious 5-bedroom home perfect for an owner-occupier or as a premium rental. It features its own laundry room, vaulted ceilings, a den, a four-piece and a two-piece bathroom, an attached garage, and a massive detached 24' x 50' triple-car garage. This is a truly unique opportunity to own a turn-key income-generating property with tremendous value. Don't miss your chance to invest in something special with exceptional unmatched long term upside and retention. Current rents leave remarkable potential for future growth. **INTERBOARD LISTING: SUDBURY REAL ESTATE BOARD**
Property Highlights
For Sale
MLS NO.
X12111135
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
43
Bathrooms
26
Parking
20.0
Garage
Yes
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Expired
Contract Status
Unavailable
MLS® Number
X12111135
Living Area Range
700-1100
Total Bedrooms
43
Bedrooms Above Grade
43
Total Bathrooms
26
Total Kitchens
18
Kitchens Above Grade
18
Rooms Above Grade
61
Interior Features
Water Heater
Fireplace
No
Central Vacuum Yn
No
Construction
Aluminum Siding, Brick
Roof
Asphalt Shingle
Lot Width
13218.0
Parking Features
Available
Parking Total
20.0
Covered Spaces
4.0
Garage Type
Attached
Garage
Yes
Pool
None
Direction Facing
North
Cooling
Other
Heat Source
Other
Heat Type
Forced Air
Internet Address Display Yn
No
Internet Entire Listing Display Yn
No
Full Address
29 Laren Street, Greater Sudbury, ON P0M 3C0
City
Greater Sudbury
Neighbourhood
Sudbury
County / Region
Greater Sudbury
Province / State
ON
Postal Code
P0M 3C0
Cross Street
BANK ST
Directions
BANK ST
List Price
$2,999,900
Annual Taxes
$29,449
Tax Year
2024
Legal Description
PINs: 73481-0008 (LT), 73481-0006 (LT), 73481-0001 (LT), 73481-0493 (LT), 13,218 ft 73481-0446 (LT), 73481-0512 (LT) ; multiple parcels incl. LT 29-33, 1-6 BLK B PL M9 Dryden, PT Pine St, PT Lane (now closed) , subject to LT567345 & LT67718; Greater Sudbury
Possession Type
Flexible
Possession Details
TBD
Listing Office
REAL BROKER ONTARIO LTD.
Board
Toronto Regional Real Estate Board
Original Entry
2025-04-29T20:03:43Z
Media Updated
2025-04-29T20:03:44Z
Photos Updated
2025-04-29T20:03:44Z
Last Modified
2025-09-27T05:15:09Z
System Modified
2025-10-12T09:40:02.197342Z
MLS Status
Expired
Architectural Style
Other
Basement
Other
Co List Office Name
REAL BROKER ONTARIO LTD.
Ddfyn
No
Expiration Date
2025-09-26
Foundation Details
Block
Heat Source Multi
Other
Heat Type Multi
Forced Air
Hstapplication
Included In
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
734810008
Parking Spaces
20
Property Features
Public Transit, School Bus Route
Public Remarks
This is not your average income property. Set on a quiet dead-end street in a serene, residential pocket just 10-15min from New Sudbury. This rare and versatile investment sits on 1.2 acres and offers 18 total units, made up of eight two-storey townhomes &a 9-unit apartment building with a large five-bedroom, two-storey home attached. Each of the eight townhomes features three bedrooms, one-and-a-half bathrooms, a full basement, and a private backyard. With no shared common areas and separate entrances, they feel just like single-family homes. Even better, all townhomes are separately metered, and tenants pay their own heat, hydro, and water-keeping your operating expenses low and predictable. Each unit is heated by its own forced-air natural gas furnace and has its own water heater. The nine-unit apartment building offers a solid, stable tenant mix and includes access to coin-operated laundry, secure storage lockers, and is heated by newer, high-efficiency Viessmann gas boilers. Attached to the apartment block is a spacious 5-bedroom home perfect for an owner-occupier or as a premium rental. It features its own laundry room, vaulted ceilings, a den, a four-piece and a two-piece bathroom, an attached garage, and a massive detached 24' x 50' triple-car garage. This is a truly unique opportunity to own a turn-key income-generating property with tremendous value. Don't miss your chance to invest in something special with exceptional unmatched long term upside and retention. Current rents leave remarkable potential for future growth. **INTERBOARD LISTING: SUDBURY REAL ESTATE BOARD**
