124 Cedar St

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Amazing Cap Rate 8.7% ! Mixed-Use Commercial And Luxury Residential Building In Downtown Sudbury, The Property Is Fully Leased And Contains 27,748 Square Feet Across Four Floor. Property Features Include 75 Feet Of Cedar Street Frontage, A Secure Entry Vestibule, A Mailbox Area, And A Building Stairwell And Elevator. Comprised Of All Aaa Tenants On The First And Second Floors, Occupying Businesses Include Legal And Accounting Firms, Youth Educators, And A Private High School. Ranging From Studios To One-Bedroom And Two-Bedroom Apartments, A Total Of 20 Brand-New Apartment Units Are Located On The Third And Fourth Floors. The Residential Units Have Been Recently Renovated With New Kitchens, Laminate And Tile Flooring, And Bathroom Fixtures. Situated Beside A Cibc Bank Branch, Experience A Prime Downtown Location Surrounded By Government Buildings, Hotels, Dining, And Entertainment Options. 124 Cedar Street Sits To The Right Of The Gova Transit Downtown Hub.

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Price:$$6,500,000 CAD
Address:124 Cedar St
City:Sudbury Remote Area
County:Sudbury
State:Ontario
MLS:X7371750
Square Feet:24,000
use:Apts-13 To 20 Units
taxes:75418.69
water:Municipal
taxYear:2023
areaCode:19
category:Apartment
heatType:Baseboard
lotDepth:93
lotFront:114
basement1:no
occupancy:Tenant
saleLease:Sale
typeTaxes:Annual
garageType:Outside/Surface
municpCode:19.01
sprinklers:no
lotSizeCode:Feet
freestanding:yes
listPriceCode:For Sale
totalAreaCode:Sq Ft
airConditioning:N
areaInfluences1:Major Highway
lotBldgUnitCode:Lot
municipalityDistrict:Sudbury Remote Area
directionsCrossStreets:Cedar St And Yonge St
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