For saleJust listed

Today

$340K

Sault Ste. Marie, Ontario, P6B2K5

1,850 ft²

Listed by Royal LePage® Northern Advantage

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

For saleJust listed

2 days ago

$170K

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

1 bd1 ba4 pk2,140 ft²Lot size 2,178 sq ft

Listed by Royal LePage Burloak Real Estate Services

14 ABBOTT Street, Sault Ste. Marie, Ontario, P6A2V9

For saleJust listed

6 days ago

$130K

14 ABBOTT Street, Sault Ste. Marie, Ontario, P6A2V9

1 bd1 ba2 pk1,401 ft²

Listed by Royal LePage Burloak Real Estate Services

For saleJust listed

6 days ago

$130K

Sault Ste. Marie, Ontario, P6A2V9

1,401 ft²

Listed by Royal LePage® Northern Advantage

Investment analysis

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$79,900

Sault Ste. Marie

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$79,900

For sale

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660 QUEEN Street, Sault Ste. Marie - Multi-family for Sale

660 QUEEN Street, Sault Ste. Marie, Ontario, P6A1A9

5 beds3 baths7 parking1,880 ft²Listed 8 days ago

Overview

This multi-family property in Sault Ste. Marie is for sale offering roughly 1,880 sq ft of space. It has been on the market 8 days, fresher than the Sault Ste. Marie average of 54 days.

Multi-Family Properties for Sale in Sault Ste. Marie →All real estate in Sault Ste. Marie →

Description

Opportunity awaits at 660 Queen St. W! This solid brick duplex offers excellent potential for investors looking to add value to their portfolio. Featuring a two-bedroom main floor unit, a three-bedroom upper unit, gas forced air heating, an asphalt driveway, a detached garage, and a large fenced yard with three additional parking spaces accessible from the rear laneway. This property has plenty to offer. Conveniently situated close to amenities and directly along a public transit route. While extensive repairs and renovations are required, the potential to transform this property into an income generating investment is worth exploring. Bring your vision and make the most of this opportunity! The price is right!! (id:66096)

Property Details

MLS®: 40874379
Property Type: Multi-family
Zoning: R3
Bedrooms: 5
Bathrooms: 3
Parking: 7
Interior Size: 1,880 ft²
Frontage: 28 ft
Units: 2
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage
Ownership: Freehold
Property Tax: $1,989/yr
Listed: 8 days ago

Features

Exterior: Brick, Vinyl siding
Lot Features: Paved driveway

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

$43

List price

$80K

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 5-bed multi-family in Sault Ste. Marie has been listed for 8 days, which is 46 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 (P6A)

This home lists at $79,900, about 1.0× the local median household income of $78,000.

Carrying it typically needs a household income of about $15,607 (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)

$79,900· $43/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $3,995

Min 5%50%

Mortgage payment$421/mo

↳ CMHC premium ($3,036 capitalized)

Property tax (est.)$166/mo

Total monthly$587

Cash Needed to Close

Down payment (5%)$3,995

Land transfer tax$524

Est. closing costs$2,740

Total cash needed$7,259

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