$179,900

For sale

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157 Church Street, Sault Ste Marie - Single Family for Sale

157 Church Street, Sault Ste Marie, Ontario, P6A3H7

2 beds2 baths1 parking ft²

Sault Ste Marie, Ontario, P6B2B4

3 bd2 ba1,278 ft²

Listed by EXP Realty Brokerage

For sale

9 days ago

$480K

Sault Ste Marie, Ontario, P6C6C6

3 bd2 ba1,290 ft²

Listed by Eric Brauner Real Estate Brokerage

For sale

22 days ago

$285K

Sault Ste Marie, Ontario, P6A5J3

3 bd2 ba

Listed by Eric Brauner Real Estate Brokerage

36 St Georges Avenue East, Sault Ste Marie, Ontario, P6B1W7

For sale

25 days ago

$150K

36 St Georges Avenue East, Sault Ste Marie, Ontario, P6B1W7

3 bd1 ba2 pk1,300 ft²Lot size 25 × 100 ft (2,500 sq ft)

Listed by ROYAL LEPAGE FLOWER CITY REALTY

Investment analysis

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$179,900

Sault Ste Marie

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Overview

This 2-bedroom, 2-bathroom home in Sault Ste Marie is for sale offering roughly 1,300 sq ft of space. Listed at $179,900, it is attractively priced about 10% below the $199,900 median asking price in Sault Ste Marie. It has been on the market 40 days, fresher than the Sault Ste Marie average of 56 days.

Houses for Sale in Sault Ste Marie →All real estate in Sault Ste Marie →

Description

Great opportunity for investors or buyers looking to offset their mortgage with rental income! This duplex features two self contained one bedroom units with separate hydro meters. The main floor unit is currently tenanted at $750/month plus hydro, while the other unit offers the opportunity to occupy or rent out. Comfortable natural gas forced air heating throughout. Conveniently located close to shopping, transit, downtown, and many everyday amenities. (id:66096)

Property Details

MLS®: X13829360
Property Type: Single Family
Zoning: R3
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Lot Size: 33 × 123 ft (4,059 sq ft)
Frontage: 33 ft
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $2,199/yr
Listed: 40 days ago

Rooms

Ground level

Kitchen: 3.66 x 3.05 meters
Living room: 3.35 x 2.74 meters
Bedroom: 3.05 x 2.74 meters
Bathroom: 1 x 1 meters

Second level

Kitchen: 3.66 x 3 meters
Living room: 3.3 x 2.74 meters
Bedroom: 3 x 2.7 meters
Other: 2.13 x 1.37 meters
Bathroom: 1 x 1 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

40d

Sault Ste Marie listings, avg age

56d

Price / ft²

$138

List price

$180K

Homes here sell faster than most markets

Sold homes in this market spent an average of 26 days on the market over the past year, against a median of 48 days across the markets we publish.

Area context

Neighbourhood profile (P6A)

This home lists at $179,900, about 2.3× the local median household income of $78,000.

Carrying it typically needs a household income of about $35,141 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $78,000
Population: 33,800
Median age: 47.2
Owner / renter: 70% / 31%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P6A)

$179,900· $138/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $8,995

Min 5%50%

Mortgage payment$948/mo

↳ CMHC premium ($6,836 capitalized)

Property tax (est.)$183/mo

Total monthly$1,131

Cash Needed to Close

Down payment (5%)$8,995

Land transfer tax$1,524

Est. closing costs$3,040

Total cash needed$13,559

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

157 Church Street, Sault Ste Marie - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (P6A)

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Full Cost Breakdown