Vacant Multiplex/Rooming House Ready for Perfect BRRRR! 6-12 “Units” Possible! Buy Cheap for $219K. Assigned

  • $219,900
  • 10 beds
  • 6 baths
  • 2918 sqft
Who’s looking for a potential PERFECT BRRRR?

Buy this cheap 6-12 “Unit” Multiplex/Rooming House for $249k…the price of a single family home! All units vacant on possession. Your chance to reimagine and reorganize the space for its highest and best use! Decide how many units you’d like it to be, renovate, rent, and refinance well over $700k. Several big ticket items like roof, furnace, A/C, attic insulation etc are already brand new!

Most recently operated as 8 “units”:
MAIN FLOOR has three bachelor units (each with own kitchenette/bath)
UPPER FLOOR has two 1-bedroom units (each with own kitchenette/bath) plus three single rooms with shared bath

BASEMENT used to have four additional rental spaces (3 beds + 1 bachelor)

– LOCATION: Sudbury, ON (Hwy 80 & Hwy 55)
– NEW REDUCED PURCHASE PRICE: $219,900 Or Best Offer. Purchase super close to the tax assessed value of 210k!
– CURRENT MARKET VALUE: Around $450k. A similar 8(9) unit building sold recently for $450k and was fully tenanted. Ours is vacant and ready to BRRRR!
– CLOSING:  End of February – end of April, 2024  (Seller’s discretion. This is an assignment sale.)
– TYPE: 2 Storey Semi-Detached Rooming/Boarding House
– BEDS/BATHS: 10 Beds/6 Baths
– PARKING: None. Potential for some to be added.
– BASEMENT: Currently used for storage only. Full height. Used to have tenants.
– SQFT: 2918
– LOT: 50’ x 85’
– AGE: 1930
– PROPERTY TAX: $3500/year
– ZONING: R2-3

Take steps to legalize extra units. Seems like 6 already have thumbs up from fire department.
Full cosmetic reno, appliances, electrical, fire remediation and separation required.
– Hydro is shut off. Using temporary hydro connections currently.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.

– Brand new furnace, A/C, roof, attic insulation ($25k+ in renos)
– Windows about 10 years old

Please let us know if you want to view it or if you want us to email you the info package. (Comparable sales, MPAC info, and more…)
Thank you,

Josea Paul, Deb Weir, Aaron Moore & Tomomi Wang
647-557-5979 – Wholesale Properties For Real Estate Investors


PS. Get notified of only the deals you are interested in by telling us your areas of interest. We notify you by email based on the geography you want. PUSH HERE to get the deals you want.

Sudbury, ON
Square Feet:
Lot Size:
50’ x 85’
Assignment of Contract
Property Type:
Year Built:
Currently used for storage only. Full height. Used to have tenants.
Const. Type:
2 Storey Semi-Detached Rooming/Boarding House

Call (647) 557-5979 for more details