144 Mountain Street, SUDBURY

2026-06-05
 

Quick Summary

Location
144 Mountain Street, SUDBURY, Ontario P3B2R2
Price
$119,999 CAD
Status:
For Sale
Property Type:
Vacant Land

MLS®#2128312

Property Description

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:32467)

Property Features

Building

  • Fireplace: No
  • Utility Water: Municipal water

Land

  • Land Size: 50 X IRR|4,051 - 7,250 sqft
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: R2-3

Information entered by RED AND WHITE REALTY INC. BROKERAGE
Listing information last updated on: 2026-06-04 22:03:01


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$500,000

Your One Percent Realty Commission savings

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

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What is the deal exactly, with One Percent ?

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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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