$265,000

$279,900For salePrice drop↓ $14,900 (5%)

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Address not available, Sault Ste. Marie - Single Family for Sale

Sault Ste. Marie, Ontario, P6C3L5

2 beds2 baths 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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$265,000

Sault Ste. Marie

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Overview

This 2-bedroom, 2-bathroom home in Sault Ste. Marie is for sale offering roughly 1,100 sq ft of space. Listed at $265,000, it is attractively priced about 24% below the $349,900 median asking price in Sault Ste. Marie.

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

Description

ABSOLUTE MOVE-IN CONDITION HOME IN CENTRAL LOCATION. PRIVATE REAR YARD IS FULLY FENCED WITH DECK, 12' X 24' HEATED GAMES ROOM, AND 16' X 16' SHED. INTERIOR IS IN GREAT CONDITION WITH NEWER CUSTOM KITCHEN WITH GRANITE COUNTERS AND EAT-IN AREA. MAIN FLOOR FAMILY ROOM. FEATURES INCLUDE HARDWOOD FLOORS THROUGHOUT, FINISHED RECROOM, GAS HEAT, AND AIR CONDITIONING. (id:66096)

Property Details

MLS®: SM261675
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Interior Size: 1,100 ft²
Lot Size: 5,227 sq ft (0.12 ac)
Storeys: 1
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage, Gravel
Property Tax: $2,619/yr
Listed: 127 days ago

Rooms

Main level

Kitchen: 9.7x14
Dining room: 9.1X9.6
Living room: 10.9X23.2
Laundry room: 6.2X13.6
Bathroom: 2PC

Second level

Bathroom: 3PC
Bedroom: 10.1X14.8
Bedroom: 8.4X12.6

Basement

Recreation room: 11.9X19.6

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings, Microwave Built-in
Flooring: Hardwood
Foundation: Stone
Exterior: Vinyl
Lot Features: Crushed stone driveway

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Natural Gas, Electricity, Cable, Telephone

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

127d

Sault Ste. Marie listings, avg age

57d

Price / ft²

$241

List price

$265K

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 (P6C)

This home lists at $265,000, about 3.7× the local median household income of $71,500.

Carrying it typically needs a household income of about $51,764 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $71,500
Population: 18,766
Median age: 46.4
Owner / renter: 74% / 26%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P6C)

$265,000· $241/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $13,250

Min 5%50%

Mortgage payment$1,396/mo

↳ CMHC premium ($10,070 capitalized)

Property tax (est.)$218/mo

Total monthly$1,614

Cash Needed to Close

Down payment (5%)$13,250

Land transfer tax$2,450

Est. closing costs$3,295

Total cash needed$18,995

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Address not available, Sault Ste. Marie - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (P6C)

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Full Cost Breakdown