1240 Montrose Ave is a 3-bedroom, 2-bathroom detached home in Greater Sudbury, listed for $599,990. It has 1100-1500 sq ft of living space.
1Attention & Welcome to 1240 Montrose Ave - a fully renovated, detached RAISED BUNGALOW in sought-after New Sudbury, just a few minutes' walk to Cambrian College and steps from everyday conveniences.
2Parking is the advantage, a 1-car garage PLUS 6 driveway spaces - a rare find.
Attention & Welcome to 1240 Montrose Ave - a fully renovated, detached RAISED BUNGALOW in sought-after New Sudbury, just a few minutes' walk to Cambrian College and steps from everyday conveniences. Turnkey and move-in ready, this 3+3 or 6 bedroom, 2-bathroom home offering 2500 sqft approx, of total living space, is ideal for first-time buyers, upgrading families, and investors alike.The main level offers 3 bedrooms and a full bath across 1,417 sq ft of bright, updated living space: brand new patio door, brand-new flooring, modern electrical fixtures, fresh ceramic tile in the kitchen, bathroom & foyer, plus new interior doors and hardware throughout. A stunning brand-new oak staircase with sleek metal spindles anchors the home, while the kitchen and baths shine with a new kitchen faucet, new bathroom faucets, over-counter vessel sink bowls, and new quartz vanity countertops.Downstairs, a SEPARATE ENTRANCE opens to approx. 1,050 sq ft with mantle gas fireplace, featuring 3 additional bedrooms (option to convert 2 rooms into a living/rec room), a full bath, and its own functional kitchen - ideal for extended-family/in-law living or strong income & mortgage-helper potential. (Basement is not legal; buyer to do their own due diligence). Parking is the advantage, a 1-car garage PLUS 6 driveway spaces - a rare find. Unbeatable location - walkable distance to Cambrian College, minutes to the CRA Tax Centre, New Sudbury Shopping Centre, Costco, groceries, restaurants, parks, arenas & community amenities, with quick access to LaSalle Blvd, MR 80 and Highway 17. A family oriented prestigious neighbourhood in Greater Sudbury and a high-demand student-rental pocket by Cambrian College adds even more upside for investors.Renovated top to bottom and loaded with value - FIRST TIME HOME BUYERS, UPGRADE FAMILIES & INVESTORS, book your private showing today!
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $545 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 1240 Montrose Ave
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow-Raised
Living space
1100-1500 sq ftas stated on the listing
Parking
7 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
7
Interior
Basement
Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow-Raised
Property class
Detached
1240 Montrose Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,948
/mo
based on the purchase price of $599,990
$119,998 cash
$479,992 financed
$404,279 total interest
Principal54%$479,992
Interest46%$404,279
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Greater Sudbury
Other 2–5 bed homes for sale in Greater Sudbury around $600K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio98.3%On average, homes sold below asking.
Active listings30Homes for sale here right now.
Median vs prior 90 days+8.6%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 25 sales from Jul 24 – Oct 22, 2026 (20 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1240 Montrose Ave
How much is 1240 Montrose Ave listed for?
1240 Montrose Ave is listed at $599,990 (MLS® X13750348). Summitly updates the price as soon as the MLS® record changes.
Is $599,990 a good price for 1240 Montrose Ave?
Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Greater Sudbury. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1240 Montrose Ave changed?
Yes — it was first listed at $569,999 and is now $599,990, an increase of $29,991 (5.3%).
How many bedrooms and bathrooms does 1240 Montrose Ave have?
1240 Montrose Ave has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Greater Sudbury.
How much would the monthly mortgage be on 1240 Montrose Ave?
About $2,948 a month — principal and interest on $599,990 with 20% down ($119,998), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1240 Montrose Ave compare with other homes in Greater Sudbury?
Its asking price of $599,990 is about 22% below the median sold price in Greater Sudbury over the last 90 days, $767,000, across 25 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1240 Montrose Ave been sold before?
Summitly has no earlier MLS® sale or lease of 1240 Montrose Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1240 Montrose Ave?
1240 Montrose Ave is in Greater Sudbury, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1240 Montrose Ave been on the market?
45 days — 1240 Montrose Ave was listed on September 7, 2026.
What is the price per square foot of 1240 Montrose Ave?
About $400 to $545 per square foot: the asking price of $599,990 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 1240 Montrose Ave have parking or a garage?
Yes — the listing gives 7 parking spaces. Garage: Yes.
Does 1240 Montrose Ave have a basement, and is it finished?
