Rare large-scale multi-family investment opportunity with cash-flowing fourplex. This urban development property includes a well-maintained four-plex, built in 2016, on an expansive 4.79-acre parcel in an established residential neighbourhood. The apartment building includes four single-storey self-contained 2-bedroom, 1-bath units, offering immediate and reliable rental income. The site appears to have excellent development potential, with mapping showing dual road frontages on Bancroft Drive and Second Avenue, the entire property located outside of Conservation Sudbury's Regulation Area, and multiple potential connection points for municipal services. The current site-specific zoning R3-1.D30(10), permits two apartment buildings with up to 30 units each. The owner has initiated a rezoning application to R3-1 to increase the number of units and flexibility in built form, with significant pre-development work and studies already completed. This opportunity is well-suited to investors seeking a cash-flowing asset with substantial redevelopment and value-add potential. Buyers to confirm zoning, density, and development possibilities with the appropriate authorities. (id:2493)More details
Turn-key 13-unit investment property offering strong cash flow and future upside. Features a mix of 3-bedroom, 2-bedroom, and 1-bedroom units, with 12 of 13 recently updated with new kitchens, bathrooms, and flooring. Excellent curb appeal, reliable tenants, and on-site management make for easy ownership. Recent improvements include updated electrical panels, façade upgrades, roof inspection, and new coin laundry. Gross annual income of over $211,000. A clean, well-maintained property that delivers steady returns and long-term potential. (id:2493)More details
Prime Investment Opportunity – 1-24 Ball Park Road, Capreol, ON
31.166 Acres | Municipal Water Access | Zoned RU(1)
An exceptional and rare offering in Capreol! Situated on over 31 acres of RU(1) zoned land, this unique property features five income-generating rental homes and four land leases, all set in a quiet, natural setting just behind the Capreol Curling Club.
Key infrastructure is in place: municipal water connections at both ends of the property with metered service to the residences, and septic systems servicing the homes. One cleared and prepped site—fully serviced with city water and sewer—offers a large, ready-to-develop area, ideal for future expansion or tailored use.
Zoning permits 16 existing single detached dwellings and one existing mobile home dwelling, along with related accessory uses and home occupations—offering plenty of flexibility for continued rental income, redevelopment, or long-term investment.
Whether you're looking to expand your portfolio, develop strategically, or secure a substantial piece of land within city limits, this property presents unmatched potential.
📍 Location: 1-24 Ball Park Road, Capreol, ON P0M 1H0
📐 Lot Size: 31.166 Acres
💧 Water: Municipal (2 access points)
💩 Wastewater: Septic + Serviced Lot
🏡 Buildings: 5 Rental Homes + 4 Land Leases
📑 Zoning: RU(1) – Permits 16 Single Detached + 1 Mobile HomeMore details
Data was last updated February 1, 2026 at 03:15 AM (UTC)
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