multifamily
Ref 661528

Lakeview Apartments

1693 - 1699 Paris Street
P3E 3C4 Sudbury

Please contact us
Space available52,272 ft²

Summary

SOLD: LakeviewApartments is made up of two apartment buildings having a total of 67 suites, located in scenic Sudbury, Ontario overlooking Nepahwin Lake. The Propertyoccupies 1.2 acres and provides easy access to both the Four Corners commercialprecinct as well as downtown.  The recent renovations and variousmechanical and appliance up-dates provide little near-term capital exposure anda modern, comfortable home for residents. The Property is located just 3kilometers from the Trans Canada Highway, 3.4 kilometers from LaurentianUniversity and approximately 4 kilometers from the downtown core.

Highlights
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Modern Design and Construction
- Incredibly Efficient: Separately Metered Utilities & Limited Near Term Cap-Ex
- Massive Rental Upside - 37% Potential on Turnover
- Well Positioned in High Demand Neighbourhood
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Free & Clear of Financing

 

Location and Transportation