Commercial Real Estate in Wahnapitae available for sale
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Commercial Property for Sale in Wahnapitae

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Wahnapitae Commercial Property for Sale

More details for 29 Laren St, Wahnapitae, ON - Multifamily for Sale

29 Laren St

Wahnapitae, ON P0M 3C0

  • Multifamily for Sale
  • $2,999,900 CAD
  • 20,000 SF
  • Air Conditioning
  • Kitchen

Wahnapitae Multifamily for Sale

18-Unit Multi-Residential Investment - Greater Sudbury, ONThis is not your average income property.Located on a quiet dead-end street just 10-15 minutes from New Sudbury, this fully tenanted 1.2-acre property offers 18 rental units across three property types on one title - eight townhomes, a nine-unit apartment building, and a large five-bedroom home.The eight townhomes are the standout cash flow asset. Each has three bedrooms, 1.5 bathrooms, a full basement, and a private backyard. Tenants pay all their own utilities - heat, hydro, and water - separately metered with individual gas furnaces and water heaters. In Northern Ontario's climate, this significantly reduces your operating costs and protects margins year-round.The nine-unit apartment building offers a stable tenant base with coin-operated laundry, secure storage lockers, and newer high-efficiency Viessmann boilers - meaning low heating costs and no major mechanical expenses on the horizon.Attached to the apartment building is a spacious five-bedroom home with vaulted ceilings, in-suite laundry, a den, and an attached garage - ideal for an owneroccupier or premium rental. A massive 24' x 50' detached triple-car garage adds further utility and income potential.Current rents are below market, giving the next owner a clear and built-in path to grow income over time without additional capital investment. Eighteen units on one property also means one insurer, one maintenance contact, and one property manager - straightforward and efficient to operate.Greater Sudbury's rental market is backed by mining, healthcare, government, and two post-secondary institutions - keeping vacancy rates low and demand steady. For investors priced out of Southern Ontario, this market still delivers returns that make financial sense.Fully tenanted. Turn-key. Priced for a quick sale.

Contact:

eXp Commercial of Canada Inc.

Property Subtype:

Apartment

Date on Market:

2026-04-16
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LoopNet Canada Ontario Commercial Properties For Sale in Wahnapitae, ON, Canada

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Commercial Properties for Sale in Wahnapitae

View All Available Listings
How many commercial properties are available for sale in Wahnapitae?
There are currently 1 commercial properties available for sale in Wahnapitae, offering a unique opportunity for businesses to establish a presence.
How big are the commercial properties available for sale in Wahnapitae?
The average size of commercial properties available for sale in Wahnapitae is about 20,000 SF. The largest commercial properties available to buy is 20,000 SF and the smallest is 20,000 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for commercial properties in Wahnapitae?
The average market cap rate for commercial properties for sale is about 6.45% based on data provided in Wahnapitae. Learn more about how cap rates are calculated.
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