P3B2R2 Real Estate

Welcome to the vibrant community of Sudbury, Ontario, specifically the charming zip code P3B2R2! Nestled in the heart of this dynamic city, this area offers a delightful mix of urban convenience and natural beauty, making it a perfect place to call home.

Sudbury is renowned for its rich history and cultural diversity, and P3B2R2 is no exception. Residents here enjoy a close-knit community atmosphere, where neighbors become friends and local businesses thrive. The area boasts an array of amenities, including shopping centers, cozy cafes, and family-owned restaurants, ensuring that all your daily needs are just a stone's throw away.

Nature enthusiasts will find themselves enchanted by the stunning landscapes surrounding P3B2R2. With numerous parks and green spaces, such as the beautiful Bell Park and the scenic Ramsey Lake, outdoor activities abound. Whether you’re hiking, biking, or simply enjoying a leisurely stroll, the natural beauty of Sudbury is always within reach.

Families will appreciate the excellent educational institutions nearby, offering quality schooling for children of all ages. The community is also home to various recreational facilities, including sports complexes and cultural centers, providing ample opportunities for engagement and entertainment.

In summary, P3B2R2 in Sudbury, Ontario, is more than just a zip code; it’s a welcoming community that offers a perfect blend of urban living and outdoor adventure. Whether you’re a first-time homebuyer or looking to settle down, this area promises a fulfilling and enriching lifestyle. Discover the charm of Sudbury and make P3B2R2 your new home today!

$119,999

2128312 MLS® #

Attention investors, builders, and developers! Rare opportunity to acquire a strategically located residential development site in the heart of Sudbury's growth corridor. 144 Mountain St offers the potential for a purpose-built triplex development featuring approximately 3,456 sq. ft. of living space across 3 modern residential units. Significant planning and design work has already been completed, with comprehensive architectural, structural, and mechanical drawings prepared, helping reduce development timelines and pre-construction costs. Established residential neighbourhood and aligned with the City's intensification objectives, this property presents an exceptional opportunity to capitalize on Sudbury's strong rental market and ongoing housing demand.(Almost 9% CAP rate) The proposed design emphasizes modern, energy-efficient construction, including premium features such as hydronic in-floor heating and spacious layouts designed to attract quality long-term tenants. Based on current market conditions, the project has been analyzed with strong rental income potential and attractive projected returns. Key highlights: • Development-ready residential lot • Proposed triplex design with appro. 3,456 sq. ft. of living space • Perit set (Architectural, structural, and mech.) available • Located within a designated growth and intensification area • Strong demand for quality rental housing in Sudbury • Excellent opportunity for investors seeking long-term cash flow and asset appreciation • Convenient access to downtown amenities, schools, transit, healthcare, and employment centres Whether you're an experienced developer looking for your next project or an investor to expand your portfolio with a purpose-built rental asset, 144 Mountain St presents a compelling opportunity in one of Northern Ontario's most resilient housing markets. Buyer to do their own due diligence regarding permits, development approvals, zoning, costs, and financial projections. (id:5764)

144 Mountain Street, Sudbury

Listing courtesy of RED AND WHITE REALTY INC. BROKERAGE.

P3B2R2 Real Estate

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