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2059 Bancroft Dr in Greater Sudbury: Other for sale : MLS®# 2126144
2059 Bancroft Dr Greater Sudbury P3B 1T1 
$2,499,000Other- Status:
- Active
- MLS® Num:
- 2126144
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 detailsListed by MALLETTE-GORING INC., BROKERAGE- Justin Muzzatti
- MALLETTE-GORING INC., BROKERAGE
- 705-673-3000
- Contact by Email
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214 Pine Street in Greater Sudbury: Other for sale : MLS®# 2126099
214 Pine Street Greater Sudbury P3C 1X5
$539,000Other- Status:
- Active
- MLS® Num:
- 2126099
- Major Bus.:
- Other
- Build. Type:
- Apartment
Exceptional mixed-use opportunity offering versatility, value, and future upside. This well-maintained property features three units, each with dedicated entrances. The upper unit is a beautiful 2-bedroom apartment that will be vacant upon closing, can be sold furnished, and is available for owner-occupancy, short-term rental, or long-term rental. The main-floor commercial unit (approx. 1000sf) is currently owner-occupied operating as a hair salon, with high-end finishes and providing excellent street presence and flexible use. The lower level previously hosted an apartment and is currently being rented by a massage therapist month-to-month. This property is perfect for owner-occupiers or investors looking to enter the mixed-use market at an exceptional value. Adding to the upside, both the commercial unit and lower level can be easily converted to residential, creating a compelling opportunity to transform the property into a high-performing, cash-flowing triplex with a strong cap rate. A rare chance to secure income, flexibility, and long-term growth all in one property. (id:2493) More detailsListed by MALLETTE-GORING INC., BROKERAGE- Justin Muzzatti
- MALLETTE-GORING INC., BROKERAGE
- 705-673-3000
- Contact by Email
- Craig Grillanda
- MALLETTE-GORING INC., BROKERAGE
- 705-673-3000
Data was last updated February 1, 2026 at 03:15 AM (UTC)
