$144,900

For sale

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

Sault Ste. Marie, Ontario, P6B4W4

3 beds1 bath1,150 ft²Listed 16 days ago

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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$144,900

Sault Ste. Marie

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Overview

This 3-bedroom, 1-bathroom home in Sault Ste. Marie is for sale offering roughly 1,150 sq ft of space. It has been on the market 16 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

An affordable opportunity to put your own stamp on! Located on the dead-end section of Elmwood in central Sault Ste. Marie, 196 Elmwood offers approximately 1,100 sq. ft. of living space with three bedrooms, one bathroom and gas forced-air heating. Two storage sheds provide extra room for tools and outdoor equipment. This home offers a great opportunity to update and make it your own, with an asking price of $144,900 that leaves room to explore the possibilities. Whether you’re looking for an affordable start or your next investment, this one is worth a look! (id:66096)

Property Details

MLS®: SM262939
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Half Baths: 0
Interior Size: 1,150 ft²
Year Built: 1951
Storeys: 1
Basement: None
Heating: Forced air, Natural gas
Garage: No Garage
Property Tax: $1,606/yr
Listed: 16 days ago

Features

Exterior: Vinyl, Siding
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

16d

Sault Ste. Marie listings, avg age

57d

Price / ft²

$126

List price

$145K

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 16 days, which is 41 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. · Ryan Dodd

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P6B)

This home lists at $144,900, about 2.1× the local median household income of $69,000.

Carrying it typically needs a household income of about $28,304 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $69,000
Population: 22,754
Median age: 48
Owner / renter: 65% / 35%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA P6B)

$144,900· $126/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $7,245

Min 5%50%

Mortgage payment$763/mo

↳ CMHC premium ($5,506 capitalized)

Property tax (est.)$134/mo

Total monthly$897

Cash Needed to Close

Down payment (5%)$7,245

Land transfer tax$1,174

Est. closing costs$2,935

Total cash needed$11,354

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