P3B2R2 Land for Sale

Welcome to the enchanting zip code P3B2R2, nestled in the heart of Sudbury, Ontario! This vibrant area is a true gem in Canada, offering a perfect blend of natural beauty and urban convenience. Sudbury is renowned for its stunning landscapes, with lush forests, sparkling lakes, and outdoor recreational opportunities that make it a haven for nature enthusiasts and adventure seekers alike.

If you're considering investing in land for sale in this picturesque region, you're making a wise choice. The P3B2R2 area boasts a diverse range of properties that cater to various needs and aspirations. Whether you're looking to build your dream home, establish a vacation retreat, or invest in a promising piece of real estate, the options here are abundant.

One of the standout features of this area is its accessibility to essential amenities. Residents enjoy proximity to quality schools, healthcare facilities, shopping centers, and dining options, ensuring that everyday conveniences are just a stone's throw away. Additionally, the community spirit in Sudbury is palpable, with friendly neighbors and active local organizations that foster a welcoming atmosphere.

For outdoor lovers, the surrounding landscapes offer endless opportunities for hiking, fishing, and winter sports, making it an ideal location for year-round activities. Imagine waking up to breathtaking views and the soothing sounds of nature right outside your window!

Discover the potential of P3B2R2 and take the first step toward securing your piece of land in this idyllic Ontario locale. Embrace the lifestyle you've always dreamed of in Sudbury, where community, nature, and opportunity converge beautifully. Your future awaits!

$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 Land for Sale

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