$175,000

For sale

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

Sault Ste. Marie, Ontario, P6A5Y4

3 beds1 bathListed 43 days ago

Overview

This 3-bedroom, 1-bathroom home in Sault Ste. Marie is for sale. It has been on the market 43 days, fresher than the Sault Ste. Marie average of 57 days.

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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$175,000

Sault Ste. Marie

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Description

Excellent opportunity at 73 Robin Street! This 3-bedroom, 1-bathroom semi-detached home is ideal for investors or buyers looking to get into the market. This property is currently tenant occupied, providing immediate rental income potential. A unique bonus is that the attached semi-detached home is also being offered for sale by the same owner, creating a fantastic opportunity to purchase both properties. Live in one side and rent the other to help offset your mortgage, or add both to your investment portfolio for increased income potential. Conveniently located close to schools, parks, shopping, and other everyday amenities. A minimum of 24 hours' notice is required for all showings due to tenancy. (id:66096)

Property Details

MLS®: SM262661
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Half Baths: 0
Basement: Full
Heating: Baseboard heaters, Electric
Garage: No Garage
Property Tax: $2,109/yr
Listed: 43 days ago

Rooms

Second level

Primary Bedroom: 12x9
Bedroom: 11x9
Bedroom: 10x9
Bathroom: 4pc

Main level

Kitchen: 13x12
Living room: 15x13

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

Features

Foundation: Poured Concrete
Exterior: Brick, Siding
Lot Features: Paved driveway

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

43d

Sault Ste. Marie listings, avg age

57d

List price

$175K

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 3-bed single family in Sault Ste. Marie has been listed for 43 days, which is 14 days fresher than the city average of 57. Act while there is still low competition.

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Listed by Century 21 Choice Realty Inc. · Kyle Scali

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P6A)

This home lists at $175,000, about 2.2× the local median household income of $78,000.

Carrying it typically needs a household income of about $34,184 (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)

$175,000

For sale

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Full Cost Breakdown

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Down Payment5% · $8,750

Min 5%50%

Mortgage payment$922/mo

↳ CMHC premium ($6,650 capitalized)

Property tax (est.)$176/mo

Total monthly$1,097

Cash Needed to Close

Down payment (5%)$8,750

Land transfer tax$1,475

Est. closing costs$3,025

Total cash needed$13,250

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