7 Pine Street
Sudbury, Ontario
MLS® 2128484
$1,250,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 2128484
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 2Listing description
(CMHC MLI Select compatible for 50 year mortgage at 95% LTV) Vacant development lot with approved plans for 18,000+ sf, 17 unit low rise in downtown Sudbury across the street from the McEwin School of Architecture and only a few blocks away from the Downtown Events Center set to open in 2028. This location is perfect for a buyer looking to complete construction of an urgently needed multifamily asset in downtown Sudbury. With the school of Architecture across the road and numerous young professionals downtown, the lease up will be very short.
The drawings boast 11 - two bed, two bath, 900 SF units, with each bedroom having a WIC. 2 - two bed, one bath units and 4 - Jr 1 bedroom, apartments with 450 SF each. All units have 9' ceilings.
There is a 600 SF private Roof top patio for tenants own use, common laundry room and a 900 SF cardio room in the plans. Minor variances have been approved for parking at . 89 spaces per unit.
This project will be the gem of downtown.
Property summary
- MLS® number
- 2128484
- Property type
- Vacant Land
- Title
- Freehold
- Land size
- 111.48
- Parking
- Other
- Days on market
- 111 days
Features & details
- Community features
- Bus Route, High Population Density
What would this home cost you?
Based on the $1,250,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX SUDBURY INC., BROKERAGE, SUDBURY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.