$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, P6A5E1

3 bd2 ba

Listed by Remax Sault Ste. Marie Realty Inc.

For saleJust listed

Yesterday

$390K

Sault Ste. Marie, Ontario, P6A5Z2

3 bd2 ba1,134 ft²

Listed by Exit Realty True North

For saleJust listed

Yesterday

$350K

Sault Ste. Marie, Ontario, P6B5B5

5 bd2 ba

Listed by Century 21 Choice Realty Inc.

For saleJust listed

Yesterday

$440K

Sault Ste. Marie, Ontario, P6A4V2

4 bd2 ba1,119 ft²

Listed by Exit Realty True North

Investment analysis

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$179,900

Sault Ste. Marie

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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®: 40866523
Property Type: Single Family
Zoning: R3
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,220 ft²
Lot Size: 3,920 sq ft
Frontage: 33 ft
Storeys: 1
Style: Other
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: None
Ownership: Freehold
Property Tax: $2,199/yr
Listed: 42 days ago

Rooms

Second level

3pc Bathroom
Other: 4'6'' x 7'0''
Bedroom: 9'0'' x 10'0''
Living room: 9'0'' x 11'0''
Kitchen: 10'0'' x 12'0''

Main level

3pc Bathroom
Other: 4'6'' x 7'0''
Bedroom: 9'0'' x 10'0''
Living room: 9'0'' x 11'0''
Kitchen: 10'0'' x 12'0''

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

42d

Sault Ste. Marie listings, avg age

57d

Price / ft²

$147

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· $147/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