Diamond Manor Apartment

address icon 341 Antwerp Avenue Greater Sudbury (Sudbury) Ontario

FEATURED For Sale Date icon Mar 12, 2026

Description

Well-maintained multi-residential building comprising six self-contained units, including a mix of bachelor, one-bedroom, and two-bedroom apartments. The property is fully tenanted with strong rental income and consistent occupancy, offering excellent cash-flow potential.The existing six-unit configuration has been confirmed by the Town as a legally established and permitted use, with municipal records supporting its status as a legal sixplex. Recent upgrades to the electrical and plumbing systems enhance long-term reliability and reduce maintenance concerns.With a current cap rate of approximately 10%, this is a solid income-producing opportunity with potential for future appreciation. Ideally located near schools, public transit, shopping, and other local amenities, the property is highly attractive to tenants. Financial statements are available upon request. The Seller may consider a Vendor Take-Back (VTB) mortgage.

General info

  • MLS Listing ID X12642744

  • Bedrooms 8

  • Bathrooms 6

  • Year built 0

  • Heating Radiant heat

  • Cooling Type None

  • Basement N/A (Partially finished)

Location

Request a Showing

Related Properties

Raghuvir Rana

Raghuvir Rana

Drop Messege For Book