$199,900

For sale

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

Sault Ste. Marie, Ontario, P6C4P1

2 beds1 bath1,013 ft²Listed 56 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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$199,900

Sault Ste. Marie

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Overview

This 2-bedroom, 1-bathroom home in Sault Ste. Marie is for sale offering roughly 1,013 sq ft of space.

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

Description

Affordable 2-bedroom, 1-bathroom brick bungalow offering a great opportunity for a first-time home buyer or investor. The property features a cement driveway leading to a detached single-car garage. Inside, you will find a spacious kitchen and separate dining room, providing a practical layout for family gatherings. With some upgrades and improvements, this home offers an excellent opportunity to enter the Sault Ste. Marie market and make it your own. Currently tenanted and conveniently located on First Ave, close to local amenities and everyday conveniences. Call today to book a viewing! (id:66096)

Property Details

MLS®: SM262516
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Half Baths: 0
Interior Size: 1,013 ft²
Year Built: 1942
Style: Bungalow
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Garage: Garage, Concrete
Property Tax: $2,791.31/yr
Listed: 56 days ago

Rooms

Main level

Living room: 13'9" x 13'3"
Kitchen: 15'2" x 14'5"
Dining room: 10'2" x 10'1"
Bedroom: 11'9" x 9'9"
Bedroom: 9'9" x 9'9"
Bathroom: 3-pc

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

Features

Exterior: Brick
Lot Features: Paved 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

56d

Sault Ste. Marie listings, avg age

57d

Price / ft²

$197

List price

$200K

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 has been listed for 56 days, which is 1 days fresher than the city average of 57. Act while there is still low competition.

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Listed by Royal LePage® Northern Advantage · Dale Rayner

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P6C)

This home lists at $199,900, about 2.8× the local median household income of $71,500.

Carrying it typically needs a household income of about $39,047 (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)

$199,900· $197/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $9,995

Min 5%50%

Mortgage payment$1,053/mo

↳ CMHC premium ($7,596 capitalized)

Property tax (est.)$233/mo

Total monthly$1,285

Cash Needed to Close

Down payment (5%)$9,995

Land transfer tax$1,724

Est. closing costs$3,100

Total cash needed$14,819

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