$179,900

For sale

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

Sault Ste. Marie, Ontario, P6C1L2

2 beds1 bath1,200 ft²Listed 77 days ago

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

Welcome to 432 Wallace Terrace! Take a look at this affordable west end bungalow! Sitting on a large corner lot, two driveways with plenty of parking & single garage. Main floor features 2 bedrooms, full bathroom with updated shower, large eat in kitchen. Full basement with laundry, recroom area & partially finished bonus space along with plenty of storage. Architectural shingles, forced air natural gas heat, gas hot water heater, central A/C & so much more make this a perfect investment. (id:66096)

Property Details

MLS®: SM262262
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Half Baths: 0
Interior Size: 1,200 ft²
Style: Bungalow
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage, Gravel
Property Tax: $2,200/yr
Listed: 77 days ago

Rooms

Main level

Kitchen: 17.6x12.0
Living room: 9.6x19.2
Bathroom: 5.0x8.10
Primary Bedroom: 11.9x19.3
Bedroom: 13.11x7.4
Porch: 7.3X3.3

Basement

Laundry room: 25.3x16.7
Bonus Room: 12.8x17.7
Storage: 8.1x8.10

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

77d

Sault Ste. Marie listings, avg age

57d

Price / ft²

$150

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 (P6C)

This home lists at $179,900, about 2.5× the local median household income of $71,500.

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: $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)

$179,900· $150/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

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

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Neighbourhood profile (P6C)

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