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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$199,900

Sault Ste. Marie

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$199,900

For sale

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

Sault Ste. Marie, Ontario, P6A2V8

1,600 ft²Listed 12 days ago

Overview

This multi-family property in Sault Ste. Marie is for sale offering roughly 1,600 sq ft of space. It has been on the market 12 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

Opportunity Knocks at 17 Abbott! This duplex's upper unit is vacant, giving you the option to live upstairs and collect rental income from the long-term tenant downstairs, or set your own rent upstairs for immediate returns. Located in a convenient downtown area, offering easy access to public transportation and minutes from shops, restaurants, schools, and other amenities. With a shared front entrance, the setup is both practical and functional. The main floor unit features 1 bed/1 bath plus quick access to the backyard. Upper unit offers 3 beds/1 bath, making it ideal for a growing family or tenants seeking extra space. Laundry hookups are available in the basement, adding further value and convenience. Don’t miss this solid investment opportunity, call today to book your showing! (id:66096)

Property Details

MLS®: SM262960
Property Type: Multi-family
Interior Size: 1,600 ft²
Storeys: 2
Basement: Full
Heating: Baseboard heaters, Forced air
Property Tax: $1,988.34/yr
Listed: 12 days ago

Features

Foundation: Stone, Block
Exterior: Brick, 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

12d

Sault Ste. Marie listings, avg age

54d

Price / ft²

$125

List price

$200K

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 12 days, which is 42 days fresher than the city average of 54. Act while there is still low competition.

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Listed by Remax Sault Ste. Marie Realty Inc. · Spencer Sharabura

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P6A)

This home lists at $199,900, about 2.6× the local median household income of $78,000.

Carrying it typically needs a household income of about $39,047 (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)

$199,900· $125/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $9,995

Min 5%50%

Mortgage payment$1,053/mo

↳ CMHC premium ($7,596 capitalized)

Property tax (est.)$166/mo

Total monthly$1,219

Cash Needed to Close

Down payment (5%)$9,995

Land transfer tax$1,724

Est. closing costs$3,100

Total cash needed$14,819

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