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Department Store AnchorsValue & Discount RetailDaily Essentials & GrocerySpecialty RetailLocal Services

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Sudbury Downtown serves as the urban core retail district in Greater Sudbury, Ontario, a city with an estimated population of 192,000 as of 2025, driven by its role as a mining and education hub. The area features a mix of street-level retail, office spaces, and mixed-use buildings like Elm Place at 40 Elm Street, offering high visibility and pedestrian access.

Tenant mix includes fashion boutiques, cafes, professional services, and independent shops, complemented by cultural attractions such as theaters and public spaces that draw local traffic.

Market position reflects ongoing revitalization efforts, including the Downtown Master Plan, aiming to enhance vibrancy amid a bilingual community where 38% speak both English and French.

Leasing advantages encompass competitive rents averaging $10 per square foot annually, plus additional rent, in a location with the citys largest downtown parking facility accommodating over 1,000 vehicles, improving accessibility via Highway 69 and local transit. However, challenges include competition from suburban power centers like New Sudbury Shopping Centre, which boasts higher occupancy at around 95% and attracts regional shoppers with anchor tenants.

Footfall estimates suggest moderate daily traffic of 5,000-10,000 visitors, influenced by seasonal weather and economic reliance on mining sectors, with vacancy rates hovering at 5-7% based on regional commercial reports.

Operational quality varies, with some aging infrastructure requiring tenant improvements, while demographic profiles show median household incomes of $85,000, supporting mid-tier retail but exposing risks from market saturation in casual dining and apparel categories.

Overall, the district offers balanced opportunities for niche retailers targeting urban professionals and students from nearby Laurentian University, though success depends on navigating access issues during winter and leveraging BIA initiatives for events to boost exposure.

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Hours of Operation

Hours

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Monday10:00 AM — 09:00 PM
Tuesday10:00 AM — 09:00 PM
Wednesday10:00 AM — 09:00 PM
Thursday10:00 AM — 09:00 PM
Friday10:00 AM — 10:00 PM
Saturday10:00 AM — 10:00 PM
Sunday11:00 AM — 06:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

40 Elm Street, Sudbury, Canada

Insights

Demographics and Market Profile

Greater Sudbury boasts a population of approximately 192,000 in 2025, with downtown drawing from a diverse demographic including mining professionals, university students, and a significant Francophone community comprising 25% of residents. Median household income stands at $85,000, supporting discretionary spending on lifestyle and service-oriented retail. The bilingual environment fosters inclusive tenant strategies, but economic ties to volatile mining sectors introduce spending fluctuations, with retail sales per capita at $12,500 annually per provincial averages, emphasizing the need for resilient business models in this northern market.

Accessibility and Footfall

Downtown Sudbury benefits from central location along Shaughnessy Street and Elm Street, accessible via Highway 69 and Sudbury Transit routes serving 20,000 daily riders. The Elm Place parking garage provides 1,200 spaces, mitigating urban congestion, while pedestrian-friendly sidewalks and proximity to Science North enhance connectivity. Footfall averages 7,000 daily visitors, peaking during summer festivals, but winter snow reduces traffic by 20-30%, per local BIA data. This supports ground-floor retail visibility but requires seasonal marketing to maintain consistent occupancy and sales performance.

Competition and Lease Terms

Intense competition arises from New Sudbury Centre, a 800,000 sq ft enclosed mall with 95% occupancy and anchors like Walmart, drawing 15,000 weekly visitors and capturing 60% of regional retail spend. Downtown counters with unique, experiential offerings but faces saturation in food services, with 15% vacancy in secondary spaces. Lease terms typically involve 5-year commitments at $10-12 per sq ft base rent plus 5-7% overage on gross sales, including TI allowances up to $20 per sq ft for qualified tenants. Risks include aging building stock needing $50,000+ in upgrades and limited expansion potential amid zoning constraints, advising thorough due diligence on submarket dynamics.

Building Details

Property Type
Shopping Mall
Gross Leasable Area
27,870
Year Built
1972
Parking Spaces
1200
Average Monthly Footfall
62,500
Owner
Vista Hospitality Group
Anchor Tenants
Hart Department Store, Designer Depot, Dollarama, The Marketplace Grocery

Detailed Market Analytics

Primary Catchment Area
Greater Sudbury
Secondary Catchment Area
Northern Ontario
Catchment area population
166,004 People
Population growth rate
2.8 %
Median age
42.2 Years
Household size
2.3 Persons
Education level (tertiary)
28.5 %

Median household income
$84,000 CAD
Unemployment rate
6.5 %
Cost of living index
95 Index

Retail spending per capita
$9,500 CAD
Spending on apparel
$1,200 CAD
Spending on groceries
$4,200 CAD
Spending on electronics
$600 CAD

Annual foot traffic
750,000 Visitors
Dwell time
45 Minutes
Conversion rate
25.0 %
Sales per square meter
$5,000 CAD

Number of retail stores
85 Stores
Anchor tenant presence
Yes
Competitor density (same category)
Medium
Tenant diversity
High
Unique Concepts
15.0 %

Gross Leasable Area
27,870 sqm
Number of Levels
Multi-level
Average rent per square meter
$25 CAD/sqm/month
Vacancy rate
2.1 %
Lease term flexibility
High
Available retail space
5,000 sqm

Proximity to main roads
High
Public transport access
Excellent
Parking spaces
1,200 Spaces
Pedestrian traffic
High

E-commerce competition
High
Click-and-collect adoption
30.0 %
Internet penetration
92.0 %

Retail crime rate
Increasing
Security measures
Moderate

Promotional events
50 Events/year
Loyalty program penetration
20.0 %
Digital signage presence
Yes

Projected foot traffic growth
5.0 %
New tenant pipeline
10 Tenants
Mall expansion plans
Yes
City Snapshot
Sudbury, ON

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City Snapshot
Sudbury, ON

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