For saleJust listed

Today

$489K

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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$315,000

Sault Ste. Marie

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$315,000

For sale

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

Sault Ste. Marie, Ontario, P6B3X6

5 beds2 bathsListed 115 days ago

Overview

This 5-bedroom, 2-bathroom home in Sault Ste. Marie is for sale. Listed at $315,000, it is attractively priced about 10% 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

Spacious side-by-side duplex investment opportunity! Side-by-side duplex offering approximately 1500 sq. ft. One unit features 3 bedrooms, while the other offers 2 bedrooms, making it ideal for both investors and owner-occupants. The 3-bedroom unit includes patio doors off the master bedroom leading to a private deck, perfect for relaxing or entertaining. The property also features a partially fenced yard, providing added privacy and outdoor space. Owner pays gas tenants pay their own PUC. Recent updates include a gas furnace installed in 2021. A double detached garage offers ample parking and storage. Both units are currently rented, generating reliable rental income. Don't miss this opportunity to own a solid income-producing property with great potential. Please allow 24hr notice for all showings. (id:66096)

Property Details

MLS®: SM261855
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 2
Half Baths: 0
Style: Bungalow
Basement: None
Heating: Forced air, Space Heater, Natural gas
Garage: Detached Garage, Garage, Gravel
Property Tax: $2,903/yr
Listed: 115 days ago

Rooms

Main level

Kitchen: 11.4 x 9
Foyer: 8 x 5.6
Living room: 17.4 x 11.3
Primary Bedroom: 12 x 9
Bedroom: 11.4 x 7.9
Bedroom: 7.10 x 11.6
Bathroom: 4 PCE
Living room: 11.4 x 13
Kitchen: 11.7 x 9.7
Primary Bedroom: 8 x 11.4
Bedroom: 9.9 x 9.6

Features

Foundation: Block, Poured Concrete
Exterior: Vinyl
Lot Features: Corner Site, Crushed stone driveway

Services

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

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

115d

Sault Ste. Marie listings, avg age

57d

List price

$315K

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 single family in Sault Ste. Marie is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by Remax Sault Ste. Marie Realty Inc. · Deborah Martynuck-Berto

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P6B)

This home lists at $315,000, about 4.6× the local median household income of $69,000.

Carrying it typically needs a household income of about $61,531 (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)

$315,000

For sale

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Full Cost Breakdown

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Down Payment5% · $15,750

Min 5%50%

Mortgage payment$1,659/mo

↳ CMHC premium ($11,970 capitalized)

Property tax (est.)$242/mo

Total monthly$1,901

Cash Needed to Close

Down payment (5%)$15,750

Land transfer tax$3,200

Est. closing costs$3,445

Total cash needed$22,395

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