59-61 Lorne Street

Sudbury · MLS® 2126772

House · Multi-family · 222 days on market

listed by ZACKARY JORDAN, EXP REALTY, BROKERAGE

realtor's description

Located in the heart of Sudbury, this well-maintained 4-unit property offers incredible rental potential for a variety of tenants. Steps from grocery stores, Shoppers Drug Mart, the Rainbow Centre Mall, the bus depot, and countless other amenities, it’s an unbeatable location for students, professionals, and retirees alike. The building consists four units that are well-tenanted, providing steady income from day one. With its walkable location, strong rental demand, and mix of nearby conveniences, this property is an excellent addition to any investment portfolio.

property details

type: House, Multi-family
parking: 0
days on market: 222
MLS®: 2126772

monthly cost

$1,961/mo

Mortgage $1,961

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$1,961/ monthly

loan $360,000

25-year amortization

down payment20% · $90,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $228,182
cash to close: $90,000; down payment; transfer tax and fees not included
total paid: $588,182

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.