$274,900

For sale

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

Sault Ste. Marie, Ontario, P6C5N5

3 beds2 baths1,073 ft²Listed 17 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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$274,900

Sault Ste. Marie

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Overview

This 3-bedroom, 2-bathroom home in Sault Ste. Marie is for sale offering roughly 1,073 sq ft of space. Listed at $274,900, it is attractively priced about 21% below the $349,900 median asking price in Sault Ste. Marie. It has been on the market 17 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 72 South Eden Street located in Brookfield subdivision. This three bedroom bungalow is situated on a large well treed lot [102.7x213.66] with a 16x22 foot garage and a wide side yard. South Eden is a private street running from Wallace Terrace to Bennett Creek with a walking bridge to the rest of the subdivision. A one owner home, 72 South Eden is mostly in original condition and requires upgrading which is reflected in the price leaving room for upgrades. The full concrete basement has great potential with a roughed-in bathroom. The property itself is ideal for a family or someone considering downsizing. (id:66096)

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Foundation: Poured Concrete
Exterior: Aluminum siding, Cedar Siding
Lot Features: 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

17d

Sault Ste. Marie listings, avg age

57d

Price / ft²

$256

List price

$275K

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.

Area context

Neighbourhood profile (P6C)

This home lists at $274,900, about 3.8× the local median household income of $71,500.

Carrying it typically needs a household income of about $53,698 (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)

$274,900· $256/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $13,745

Min 5%50%

Mortgage payment$1,448/mo

↳ CMHC premium ($10,446 capitalized)

Property tax (est.)$295/mo

Total monthly$1,743

Cash Needed to Close

Down payment (5%)$13,745

Land transfer tax$2,599

Est. closing costs$3,325

Total cash needed$19,669

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

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

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Description

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Neighbourhood profile (P6C)

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