0 Christakos Street

Greater Sudbury P3B 1M4

0 Christakos Street presents a rare and highly promising opportunity for residential developers and investors. The property is designated Living Area 1 in the City of Greater Sudbury Official Plan, identified as “the primary focus of residential development”. This designation supports a wide range of potential uses, including apartment buildings, condominiums, townhouses and even subdivision developments. The property features approx. 29 acres of land with FD ""Future Development"" Zoning, frontage on Howey Drive, Christakos, St. Raphael and Wessex Streets, and multiple potential connection points to municipal water and wastewater services. Ideally located, 0 Christakos is within walking distance of schools, shopping, grocery stores, restaurants, scenic trails, Lake Ramsey, Bell Park, and downtown Sudbury. Sudbury’s housing market is currently experiencing historically low vacancy rates and low unemployment, with demand for housing outpacing supply. Meanwhile, the region’s booming mining sector and the development of new mines are expected to bring an influx of well-paid workers—further fueling demand for quality housing. With limited availability of serviced Living Area 1 lands in the City, 0 Christakos Street stands out as an exceptional opportunity to deliver much-needed residential development in a high-demand market. (id:2493)