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Why Invest In Sudbury

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Why Invest in Sudbury

Cash Flowing Properties

Homes in Sudbury cost much less than in Southern Ontario, typically to the tune of 100% less, on average. And yet, the rents are high relative to the purchase price which results in very attractive cash flow for investors. This cash flow allows investors to increase their household income easily, even with just one rental property in Sudbury.

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Low Vacancy Rates

The most recent vacancy rate reported by the CMHC was 2.1%. Anything under 3% is deemed to be a rental market that favours investors, due to there being greater demand than availability of rentals.

Quality Tenants

There are many renters who work at well-respected employers, such as Vale, Canadian
Revenue Agency, Sudbury Health Sciences, Rainbow District School Board, and more. These
employers provide job stability and great income. Having quality tenants who can actually
afford the rent means investors get paid on time and in full.

Long-Term Appreciation

There is lots of room to grow regarding the average selling price in Sudbury. As more people are priced out of Southern Ontario, many will look to Sudbury as a great place to live while staying in the province. Increased demand for housing will cause prices to rise, offering investors long-term appreciation on their investments. In the last 5 years alone, the average price for a home in Sudbury has increased 79%.

vacancy-rates-new-record-low
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find-keep-tenants
banner--investor

Cash Flowing Properties

Homes in Sudbury cost much less than in Southern Ontario, typically to the tune of 100% less,on average. And yet, the rents are high relative to the purchase price which results in very attractive cash flow for investors. This cash flow allows investors to increase their household income easily, even with just one rental property in Sudbury.

Low Vacancy Rates

The most recent vacancy rate reported by the CMHC was 2.1%. Anything under 3% is deemed
to be a rental market that favours investors, due to there being greater demand than availability
of rentals

Quality Tenants

There are many renters who work at well-respected employers, such as Vale, Canadian
Revenue Agency, Sudbury Health Sciences, Rainbow District School Board, and more. These
employers provide job stability and great income. Having quality tenants who can actually
afford the rent means investors get paid on time and in full.

Long-Term Appreciation

There is lots of room to grow regarding the average selling price in Sudbury. As more people are priced out of Southern Ontario, many will look to Sudbury as a great place to live while staying in the province. Increased demand for housing will cause prices to rise, offering investors long-term appreciation on their investments. In the last 5 years alone, the average price for a home in Sudbury has increased 79%.

Cash Flowing Properties

Homes in Sudbury cost much less than in Southern Ontario, typically to the tune of 100% less, on average. And yet, the rents are high relative to the purchase price which results in very attractive cash flow for investors. This cash flow allows investors to increase their household income easily, even with just one rental property in Sudbury.

iStock-185121887
vacancy-rates-new-record-low
find-keep-tenants
banner--investor

Low Vacancy Rates

The most recent vacancy rate reported by the CMHC was 2.1%. Anything under 3% is deemed
to be a rental market that favours investors, due to there being greater demand than availability
of rentals;

LacelleGroup Realty

Download Your Free Guide to Investing in Sudbury

Learn why Sudbury is the best city in Ontario to invest in, download a property analyzer and receive real property analyses with cash flow breakdown!


Get the Guide


Get the Guide

LacelleGroup Realty

Download Your Free Guide to Investing in Sudbury

Learn why Sudbury is the best city in Ontario to invest in, download a property analyzer and receive real property analyses with cash flow breakdown!


Get the Guide

LacelleGroup Realty

Download Your Free Guide to Investing in Sudbury

Learn why Sudbury is the best city in Ontario to invest in, download a property analyzer and receive 10 real property analyses with cash flow breakdown!


Get the Guide

Download Your Free Guide to Investing in Sudbury

Learn why Sudbury is the best city in Ontario to invest in, download a property analyzer and receive 10
real property analyses with cash flow breakdown!

Get the Guide

Why Invest with LacelleGroup Realty

Specialists in Investment Properties

We aren’t your cookie-cutter brokerage, we are an investment-focused brokerage, which is why we should be your top choice if you are looking to buy, sell, lease, or manage an investment property in Sudbury. We have helped hundreds of clients grow their wealth.

Owners are Investors Themselves

We are experienced real estate investors ourselves with over a decade of experience. Every
strategy to invest, we have seen, and likely have tried ourselves! Talking “shop” with our clients
to figure out what investment works best for their short and long-term goals is how we love to
spend our time.

One-Stop Shop for Investing

Another area that sets us apart is we also own Greater Sudbury Property Management, which allows us to provide a 360 degree service for your investment. Buy with LacelleGroup Realty, lease vacant units with LacelleGroup Realty and maintain the property with Greater Sudbury Property Management. And when and if you are ready to sell long term, LacelleGroup Realty is ready to service you again.

Wealth-Building Focused

Caring about our investors is the core of what we do. Many of our clients are repeat investors and are using real estate investing in Sudbury to build their wealth now, and for their future. We have a financial-planning background, prior to becoming real estate professionals, and we have seen time and time again that real estate investing is the most reliable way to build
wealth.

Download Your Free Guide to Investing in Sudbury

Learn why Sudbury is the best city in Ontario to invest in, download a property
analyzer and receive 10 real property analyses with cash flow breakdown!


Get the Guide

Property Management in Sudbury

Established in 2019, Greater Sudbury Property Management is the sister company to LacelleGroup Realty. A benefit of working with both companies is we are able to have a 360 degree view of your investments and provide you advice knowing each aspect of your property.

We know the importance of using the best experts. For legal or Landlord Tenant Board matters,
we utilize a paralegal for expertise and counsel. And for major renovations, we have the right contacts to get the job done right, the first time.

As for day-to-day operations, we are equipped with a comprehensive property management
software, MiPropertyPortal. This user-friendly and versatile software allows
management of your entire property portfolio in one easy place.

And to talk about the numbers, Greater Sudbury Property Management manages over
$530,000 in gross rents monthly and has managed over 420 rental units in Greater Sudbury.

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Investor Blog

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Download Your Free Guide to Investing in Sudbury

Learn why Sudbury is the best city in Ontario to invest in, download a property
analyzer and receive 10 real property analyses with cash flow breakdown!


Get the Guide