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297 Morris Street

Sudbury / Greater Sudbury, ON P3B 1B4

NewActiveFor Sale
4 Beds
2 Baths
1,100 Sq Ft
Multi-Family

About This Property

Excellent investment opportunity in the heart of Greater Sudbury! Welcome to 297 Morris St, ideally located minutes from Downtown Sudbury, Bell Park, Ramsey Lake, Health Sciences North, Laurentian University, shopping, schools, restaurants, transit, VIA rail and major amenities. Positioned near Sudbury's ongoing $200M+ downtown revitalization and infrastructure investments, this area continues to see strong growth, redevelopment, and increasing housing demand. Situated in a strong rental market driven by healthcare, education, mining, and economic expansion, this property offers excellent long-term upside. Approx. $900+ monthly positive cash flow makes this a rare opportunity for investors, house hackers, or primary home buyers looking to offset mortgage costs with rental income. Property also offers potential to further increase cash flow with basement development opportunity, featuring sufficient basement ceiling height for future possibilities (buyer to verify intended use). Convenient central location close to parks, trails, entertainment, and employment hubs. Great opportunity to own in one of Northern Ontario's growing and resilient real estate markets!

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size1,100 sq ft
Bedrooms4
Bathrooms2
ListedMay 21, 2026
Postal CodeP3B 1B4

Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13154638

Listed by HOMELIFE/MIRACLE REALTY LTD

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$399,900

asking price

MLS®X13154638
TypeMulti-Family
CityGreater Sudbury
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$1,953

/month · $319,920 mortgage

Down Payment20% — $79,980
Interest Rate5.5%

Amortization

Total Interest

$265,909

Total Cost

$585,829

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

HOMELIFE/MIRACLE REALTY LTD