For sale

12 days ago

$449K

Sault Ste. Marie, Ontario, P6A6K5

2 bd1 ba1,085 ft²+$865/mo

Listed by Royal LePage® Northern Advantage

For sale

21 days ago

$325K

Sault Ste. Marie, Ontario, P6A2C2

2 bd2 ba885 ft²+$606/mo

Listed by Exit Realty True North

For sale

21 days ago

$235K

Sault Ste. Marie, Ontario, P6B1B1

2 bd1 ba800 ft²+$310/mo

Listed by Century 21 Choice Realty Inc.

For sale

36 days ago

$800K

Sault Ste. Marie, Ontario, P6A0B5

4 bd3 ba2,260 ft²+$500/mo

Listed by Exit Realty True North

Investment analysis

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$189,000

Sault Ste. Marie

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$189,000

For sale

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

Sault Ste. Marie, Ontario, P6A5K6

2 beds1 bath540 ft²$450/mo condo feeListed 55 days ago

Overview

This 2-bedroom, 1-bathroom condo in Sault Ste. Marie is for sale offering roughly 540 sq ft of space. Listed at $189,000, it is attractively priced about 21% below the $240,000 median asking price in Sault Ste. Marie.

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

Description

Enjoy affordable, low-maintenance living at Marks Bay! This charming 2-bedroom Park Model offers comfortable four-season living with an open-concept layout, in-unit laundry, propane forced-air heating with A/C, spacious deck and yard. Enjoy sandy beach access on Marks Bay and a peaceful setting just minutes from Sault Ste. Marie. Located directly across from the airport, this is an ideal opportunity for those looking to downsize, simplify, and enjoy a relaxed Northern Ontario lifestyle without the upkeep of a traditional home. Park lot lease approximately $450/month, includes monthly water sampling. A wonderful place to enjoy the next chapter! (id:66096)

Property Details

MLS®: SM262491
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Half Baths: 0
Interior Size: 540 ft²
Style: Bungalow
Basement: Crawl space
Heating: Forced air, Propane
Garage: No Garage, Gravel
Condo Fee: $450/mo
Property Tax: $541/yr
Listed: 55 days ago

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Exterior: Siding
Lot Features: Crushed stone driveway

Services

Water: Community Water System
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

55d

Sault Ste. Marie listings, avg age

54d

Price / ft²

$350

List price

$189K

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 2-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 Century 21 Choice Realty Inc. · Kyle Scali

Location

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Area context

Neighbourhood profile (P6A)

This home lists at $189,000, about 2.4× the local median household income of $78,000.

Carrying it typically needs a household income of about $36,918 (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)

$189,000· $350/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $9,450

Min 5%50%

Mortgage payment$995/mo

↳ CMHC premium ($7,182 capitalized)

Property tax (est.)$45/mo

Condo fee$450/mo

Total monthly$1,491

Cash Needed to Close

Down payment (5%)$9,450

Land transfer tax$1,615

Est. closing costs$3,067

Total cash needed$14,132

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