Office

43 – 51 Elm Street

51 Elm St, Sudbury ON

Date Purchased
January 2008
Date Sold
September 2014
Purchase Price
$5,000,000
Sale Price
$6,590,000
Site Area
1.09 acres
Gross Leasable Area
38,583 SF
Fund: Churchill V Real Estate Limited Partnership

Property Description

This attractive two-storey red brick office complex is located in the heart of downtown Sudbury – the major retail, economic, health and educational centre for Northeastern Ontario. The 1.09 acre property benefits from exposure to Elm Street, a main thoroughfare, easy access to Hwy 17, as well as a 73-stall external paved parking area which is essential in downtown Sudbury, where parking is in high demand. Churchill negotiated the expansion and renewal of TD Canada Trust, the major tenant that occupies approx. 60% of the 38,583 SF of leasable space in the complex. The property was originally acquired in January 2008 and was sold in September 2014.


Looking to Invest in a Property?

Contact Us