For saleJust listed

Today

$125K

Sault Ste. Marie, Ontario, P6C4V2

3 bd1 ba1,140 ft²

Listed by Century 21 Choice Realty Inc.

For saleJust listed

Yesterday

$290K

Sault Ste. Marie, Ontario, P6B3G1

3 bd2 ba1,160 ft²

Listed by Exit Realty True North

For saleJust listed

Yesterday

$380K

Sault Ste. Marie, Ontario, P6B5E1

2 bd1 ba1,000 ft²

Listed by Exit Realty True North

For saleJust listed

Yesterday

$160K

Sault Ste. Marie, Ontario, P6C3E9

3 bd1 ba

Listed by Royal LePage® Northern Advantage

Investment analysis

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$169,900

Sault Ste. Marie

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$169,900

For saleJust listed

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292 PIM Street, Sault Ste. Marie - Single Family for Sale

292 PIM Street, Sault Ste. Marie, Ontario, P6B2T5

4 beds4 baths4 parking2,140 ft²Listed 2 days ago

Overview

This 4-bedroom, 4-bathroom home in Sault Ste. Marie is for sale offering roughly 2,140 sq ft of space. It has been on the market 2 days, fresher than the Sault Ste. Marie average of 54 days.

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

Description

This fourplex offers excellent potential for investors looking to add value to their portfolio! Featuring four self-contained one-bedroom units, gas forced air heating, and convenient rear parking accessible from the laneway. Situated in a great location close to amenities and along the transit route, this property offers convenience and accessibility for future tenants. Currently fully vacant, this property provides a great opportunity to complete updates, set your own rental rates, and maximize its income potential. While the building requires improvements, the possibilities are there for the right buyer. Priced to sell and full of potential, this is your chance to transform a four-unit property into a rewarding investment. (id:66096)

Property Details

MLS®: 40875596
Property Type: Single Family
Zoning: R2
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 4
Parking: 4
Interior Size: 2,140 ft²
Frontage: 40 ft
Storeys: 2
Style: Other
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: None
Ownership: Freehold
Property Tax: $3,938/yr
Listed: 2 days ago

Rooms

Second level

4pc Bathroom
Bedroom: 10'0'' x 10'0''
Living room: 10'0'' x 12'0''
Kitchen: 8'0'' x 10'0''
4pc Bathroom
Bedroom: 10'0'' x 10'0''
Living room: 10'0'' x 12'0''
Kitchen: 8'0'' x 10'0''

Main level

4pc Bathroom
Bedroom: 10'0'' x 10'0''
Living room: 10'0'' x 12'0''

Features

Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Sault Ste. Marie listings, avg age

54d

Price / ft²

$79

List price

$170K

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.

Haho

This 4-bed single family in Sault Ste. Marie has been listed for 2 days, which is 52 days fresher than the city average of 54. Act while there is still low competition.

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Listed by Royal LePage Burloak Real Estate Services · Steve Wilkins

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P6B)

This home lists at $169,900, about 2.5× the local median household income of $69,000.

Carrying it typically needs a household income of about $33,187 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $69,000
Population: 22,754
Median age: 48
Owner / renter: 65% / 35%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA P6B)

$169,900· $79/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $8,495

Min 5%50%

Mortgage payment$895/mo

↳ CMHC premium ($6,456 capitalized)

Property tax (est.)$328/mo

Total monthly$1,223

Cash Needed to Close

Down payment (5%)$8,495

Land transfer tax$1,424

Est. closing costs$3,010

Total cash needed$12,929

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