For saleJust listed

Today

$489K

Sault Ste. Marie, Ontario, P6A5E1

3 bd2 ba

Listed by Remax Sault Ste. Marie Realty Inc.

For saleJust listed

Today

$390K

Sault Ste. Marie, Ontario, P6A5Z2

3 bd2 ba1,134 ft²

Listed by Exit Realty True North

For saleJust listed

Today

$350K

Sault Ste. Marie, Ontario, P6B5B5

5 bd2 ba

Listed by Century 21 Choice Realty Inc.

For saleJust listed

Today

$440K

Sault Ste. Marie, Ontario, P6A4V2

4 bd2 ba1,119 ft²

Listed by Exit Realty True North

Investment analysis

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$219,900

Sault Ste. Marie

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$219,900

For sale

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

Sault Ste. Marie, Ontario, P6C4J1

1 bed2 baths800 ft²6,534 sq ft (0.15 ac) lot sizeListed 22 days ago

Overview

This 1-bedroom, 2-bathroom home in Sault Ste. Marie is for sale offering roughly 800 sq ft of space. Listed at $219,900, it is attractively priced about 37% below the $349,900 median asking price in Sault Ste. Marie. It has been on the market 22 days, fresher than the Sault Ste. Marie average of 57 days.

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

Description

Welcome to 467 Korah Road offers an excellent opportunity to start a new business or convert this back to a residential home. This well-maintained commercial / residential property showcases true pride of ownership with numerous recent updates throughout. Recent improvements include: * Newer roof * Newer siding with added insulation underneath *Newer furnace and central air conditioning Previously operated as a successful hair salon for many years, the property is currently home to a bookkeeping business. The existing bookkeeping business may also be available for purchase, creating an excellent turnkey opportunity for interested buyers. (id:66096)

Property Details

MLS®: SM262895
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 2
Half Baths: 1
Interior Size: 800 ft²
Lot Size: 6,534 sq ft (0.15 ac)
Style: Bungalow
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage, Gravel
Property Tax: $5,900/yr
Listed: 22 days ago

Rooms

Main level

Bedroom: 12x8
Living room: 18x12
Dining room: 12x10
Bathroom: 6x7

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

Features

Appliances: Alarm System
Foundation: Block
Exterior: Vinyl
Lot Features: Corner Site, Crushed stone 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

22d

Sault Ste. Marie listings, avg age

57d

Price / ft²

$275

List price

$220K

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 1-bed single family in Sault Ste. Marie has been listed for 22 days, which is 35 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. · Ken VanDaele

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P6C)

This home lists at $219,900, about 3.1× the local median household income of $71,500.

Carrying it typically needs a household income of about $42,954 (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)

$219,900· $275/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $10,995

Min 5%50%

Mortgage payment$1,158/mo

↳ CMHC premium ($8,356 capitalized)

Property tax (est.)$492/mo

Total monthly$1,650

Cash Needed to Close

Down payment (5%)$10,995

Land transfer tax$1,924

Est. closing costs$3,160

Total cash needed$16,079

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