1188-1190 Rideau Street, Greater Sudbury, ON
Property Highlights
Welcome to this remarkable Other fourplex located in the coveted neighborhood of Sudbury. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,299,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 8 Bedrooms and 1 Bathroom with 4 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 50 x 167 ft lot
- Features a full, none, separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Heater Owned
- Efficient forced air heating via gas
Description
Exceptional investment opportunity in the heart of New Sudbury. This well maintained 4 plex offers the perfect combination of strong revenue potential, tenant appeal, and a highly desirable location close to shopping, restaurants, schools, transit, and every major amenity. Designed with both comfort and convenience in mind, the property features ample on site parking, providing a valuable advantage for residents and guests alike. Each unit boasts its own private balcony, creating a peaceful outdoor retreat where tenants can enjoy their morning coffee, unwind after a long day, or take in the surrounding views from the comfort of home. The property also offers a generous yard, adding even more lifestyle value for residents who appreciate outdoor space for relaxing, entertaining, or enjoying the warmer months. Inside, the units have been thoughtfully updated with modern finishes and attractive upgrades that enhance both functionality and long term rental appeal. Bright, welcoming interiors create spaces tenants are proud to call home, helping support strong occupancy and tenant retention. Whether you are looking to expand your portfolio or secure a solid income producing asset in one of Greater Sudbury's most sought after rental locations, this impressive 4 plex checks all the boxes. With upgraded units, private balconies, abundant parking, outdoor living space, and a prime New Sudbury location, this is an opportunity that delivers both immediate income and long term investment potential. Schedule your private tour.
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Pricing & Value Insights
Data-driven valuation for 1188-1190 Rideau Street, Greater Sudbury, ON P3A 3A4
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Greater Sudbury, ON
For a property listed at $1,299,900 in Greater Sudbury, the legal minimum down payment is $259,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $22,473 for this transaction. As this listing is in Greater Sudbury (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $22,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.