Looking for apartment buildings for sale? Whether you’re a seasoned investor or entering the real estate market for the first time, owning an apartment building is a powerful way to generate passive income, build equity, and diversify your portfolio. Explore a variety of multi-unit properties offering strong returns and growth potential.

Forgot password Extend Verify Contact

590 Norman Street
Sudbury Greater Sudbury P3E 4C6

$939,000 /For Sale
Commercial

Main Photo: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
Photo 1: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
Photo 2: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
Photo 3: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
Photo 4: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
Photo 5: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
Photo 6: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
Photo 7: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
Photo 8: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
Photo 9: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
Photo 10: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
Photo 11: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
Photo 12: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
Photo 13: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
Photo 14: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
Photo 15: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
Photo 16: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
Photo 17: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13726524
Bus Major:
Apts - 6 To 12 Units
Exceptional turnkey investment opportunity in Sudbury's established West End! This well-maintained 6-unit multi-residential building (5 x 1-Bedroom units + 1 x Bachelor suite) delivers strong, proven cash flow and outstanding income stability. Financial & Investment Highlights: Strong In-Place Cash Flow: Generates over $87,000+ in annual gross revenue with attractive net operating yields. Property & Mechanical Features: Reliable Heating: Electric baseboard heaters and efficient gas-fired boiler with radiant water heating. Electrical: 200Amp main service with individual sub-panels. Extra Revenue: On-site coin-operated laundry facility in the common basement area. Prime Lot & Amenities: 40' x 125' lot backing directly onto tranquil parkland. Features ample on-site surface parking and individual tenant storage sheds. Prime Location: High-demand rental market with low vacancy rates, close to transit, shopping, schools, and downtown. Ideal addition to any portfolio. Full rent roll and financial package available upon receipt of a signed Confidentiality Agreement. Heating System Note: 5 units are currently heated by independent electric baseboard heaters; 1 bachelor suite is heated via gas boiler / water radiators.
Percent of Building:
100
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
51-99
Total Area:
3150 sq. ft. Square Feet
Total Area:
3,150 sq. ft.
Lot Depth:
125'
Lot Frontage:
40'
Lot Shape:
Rectangular
Bathrooms:
6.0
Water supply:
Municipal
Soil Test:
No
Zoning:
R2-2, Low Density Residential Two
Heating type:
Baseboard
Survey Available:
No
Garage:
Outside/Surface
Parking Spaces:
5
Possession Details:
Flexible
HST Applicable To Sale Price:
Not Subject to HST
Development Charges Paid:
Unknown
Type Taxes:
Annual
Taxes:
$5,740.58 / 2026
Assessment:
$- / -
Greater Sudbury
Greater Sudbury
Sudbury
Public Transit, Recreation/Community Centre
No
None
All existing appliances including six fridges, six stoves, fixed kitchen exhaust fans, one coin-operated washer and one dryer, hot water tank & boiler system, three sheds in backyard
Tenant's personal belongings and chattels
None
No
No
UFFI:
No
Amperage:
200
Volts:
120
Water Supply Types:
Water System
Utilities:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Sewers:
Sanitary+Storm
Air Conditioning:
No
Seller Property Info Statement:
No
Financial Statements:
Yes
Gross income:
$87,981.15
Expenses Actual/Estimated:
Estimated
Year Expenses:
2026
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Franchise:
No
Chattels:
Yes
Outside Storage:
Yes
Date Listed:
Aug 31, 2026
Original Price:
Previous Price:
  • Photo 1: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
    Photo 1 of 17
  • Photo 2: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
    Photo 2 of 17
  • Photo 3: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
    Photo 3 of 17
  • Photo 4: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
    Photo 4 of 17
  • Photo 5: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
    Photo 5 of 17
  • Photo 6: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
    Photo 6 of 17
  • Photo 7: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
    Photo 7 of 17
  • Photo 8: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
    Photo 8 of 17
  • Photo 9: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
    Photo 9 of 17
  • Photo 10: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
    Photo 10 of 17
  • Photo 11: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
    Photo 11 of 17
  • Photo 12: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
    Photo 12 of 17
  • Photo 13: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
    Photo 13 of 17
  • Photo 14: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
    Photo 14 of 17
  • Photo 15: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
    Photo 15 of 17
  • Photo 16: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
    Photo 16 of 17
  • Photo 17: 590 Norman Street in Greater Sudbury: Sudbury Commercial for sale : MLS®# X13726524
    Photo 17 of 17
Listed by HOMELIFE LANDMARK REALTY INC.
Data was last updated August 31, 2026 at 01:15 PM (UTC)
DARYL  KING
powered by myRealPage.com

Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

  • Multiple rental units generate consistent monthly income
  • Economies of scale make property management more efficient
  • Opportunity to increase property value through renovations and upgrades
  • High demand for rental housing in urban and suburban markets

What to Look for in Apartment Buildings for Sale

When evaluating apartment buildings for sale, consider:

  • Vacancy rates and tenant demand in the area
  • Location and proximity to transit, schools, and employment hubs
  • Building condition, age, and potential maintenance costs
  • Current rental income and future appreciation potential

Maximizing Exposure for Your Apartment Building

If you’re selling an apartment building, our platform offers exceptional exposure to a targeted audience of potential buyers. We utilize advanced marketing techniques to highlight the key features and benefits of your property, ensuring it stands out in the market. Our goal is to connect you with interested and qualified buyers efficiently, facilitating successful and profitable transactions.

Start Exploring Apartment Buildings for Sale Today

Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.

Explore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.