P3B2R2 Real Estate

Welcome to the vibrant community of Sudbury, Ontario, where the zip code P3B 2R2 serves as a gateway to a lifestyle rich in natural beauty and urban charm. Nestled in the heart of Northern Ontario, Sudbury is renowned for its stunning landscapes, including picturesque lakes, lush forests, and the iconic Sudbury Basin, a geological marvel that adds to the area's unique character.

Living in the P3B 2R2 area means you are just a stone's throw away from the best that Sudbury has to offer. This neighborhood boasts a diverse array of amenities, including local shops, cozy cafés, and family-friendly parks that invite you to enjoy the great outdoors. The community is well-connected, with convenient access to public transportation and major roadways, making commuting a breeze.

For families, the P3B 2R2 area is home to several reputable schools and recreational facilities, ensuring that children have access to quality education and plenty of opportunities for play and growth. Nature enthusiasts will appreciate the nearby trails and green spaces, perfect for hiking, biking, or simply soaking in the beauty of the changing seasons.

Culturally rich and welcoming, Sudbury is also known for its lively arts scene, festivals, and events that bring the community together. Whether you’re exploring the local museums, enjoying a concert, or participating in seasonal celebrations, there’s always something happening in this dynamic city.

In P3B 2R2, you’ll find a community that embraces both the tranquility of nature and the excitement of urban life. Discover your next home in this charming corner of Sudbury, where adventure and comfort await!

$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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