For saleJust listed

Today

$340K

Sault Ste. Marie, Ontario, P6B2K5

1,850 ft²

Listed by Royal LePage® Northern Advantage

292 PIM Street, Sault Ste. Marie, Ontario, P6B2T5

For saleJust listed

2 days ago

$170K

292 PIM Street, Sault Ste. Marie, Ontario, P6B2T5

1 bd1 ba4 pk2,140 ft²Lot size 2,178 sq ft

Listed by Royal LePage Burloak Real Estate Services

14 ABBOTT Street, Sault Ste. Marie, Ontario, P6A2V9

For saleJust listed

6 days ago

$130K

14 ABBOTT Street, Sault Ste. Marie, Ontario, P6A2V9

1 bd1 ba2 pk1,401 ft²

Listed by Royal LePage Burloak Real Estate Services

For saleJust listed

6 days ago

$130K

Sault Ste. Marie, Ontario, P6A2V9

1,401 ft²

Listed by Royal LePage® Northern Advantage

Investment analysis

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$444,900

Sault Ste. Marie

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$444,900

For sale

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Address not available, Sault Ste. Marie - Multi-family for Sale

Sault Ste. Marie, Ontario, P6C1T3

1,911 ft²Listed 27 days ago

Overview

This multi-family property in Sault Ste. Marie is for sale offering roughly 1,911 sq ft of space. It has been on the market 27 days, fresher than the Sault Ste. Marie average of 54 days.

Multi-Family Properties for Sale in Sault Ste. Marie →All real estate in Sault Ste. Marie →

Description

Welcome to 509 Douglas Street! This solid, fully-tenanted Triplex sitting on a double lot is a turn key; an extremely smart investment. Main floor 3 Bedroom is spacious and has amazing long-term tenants! This unit has a generous eat in kitchen, access to basement laundry, large living room, full bathroom with updated tile tub surround & a huge front porch! Secure interior access for the 2 upper-level 1 Bedroom units, both bright, airy, and very functional. Natural Gas Boiler (2013) with separate zoning (set your own heat in each), 3 hot water tanks, separate meters, laundry in basement with exterior access, large double lot with storage shed for the lawnmower and blower. Outside features architectural shingles (2015), vinyl siding, dual pane vinyl windows, a rear deck, in an excellent West end location! Call today for your private showing. (id:66096)

Property Details

MLS®: SM262814
Property Type: Multi-family
Interior Size: 1,911 ft²
Year Built: 1950
Storeys: 2
Basement: Full
Heating: Boiler
Garage: Gravel
Property Tax: $3,001.62/yr
Listed: 27 days ago

Features

Exterior: Steel, Vinyl

Services

Water: Municipal water
Sewer: Municipal sewage system
Utilities: Natural Gas, Electricity, Cable, Telephone

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Sault Ste. Marie listings, avg age

54d

Price / ft²

$233

List price

$445K

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 multi-family in Sault Ste. Marie has been listed for 27 days, which is 27 days fresher than the city average of 54. Act while there is still low competition.

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Listed by Exit Realty True North · Kyle Schneider

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P6C)

This home lists at $444,900, about 6.2× the local median household income of $71,500.

Carrying it typically needs a household income of about $86,905 (20% down, 25-yr amortization, stress-tested) — roughly 22% above 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)

$444,900· $233/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,245

Min 5%50%

Mortgage payment$2,343/mo

↳ CMHC premium ($16,906 capitalized)

Property tax (est.)$250/mo

Total monthly$2,593

Cash Needed to Close

Down payment (5%)$22,245

Land transfer tax$5,373

Est. closing costs$3,835

Total cash needed$31,453

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