$219,900

For saleJust listed

Book a showing

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

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

3 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 sale

7 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 sale

7 days ago

$130K

Sault Ste. Marie, Ontario, P6A2V9

1,401 ft²

Listed by Royal LePage® Northern Advantage

Investment analysis

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$219,900

Sault Ste. Marie

Book a showing

Sault Ste. Marie, Ontario, P6A3G7

200 ft²Listed Today

Overview

This multi-family property in Sault Ste. Marie is for sale offering roughly 200 sq ft of space. It has been on the market 0 days, fresher than the Sault Ste. Marie average of 57 days.

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

Description

GREAT INVESTMENT OPPORTUNITY - Welcome to 115-117 Pim St., a fully tenanted four unit property offering an excellent opportunity to add to your investment portfolio! This property features four self contained one bedroom units, each with a functional layout along with gas forced air heating. Conveniently located close to amenities and directly on a public transit route, this property offers an accessible location for tenants. With all four units currently occupied, this is a great opportunity for investors looking to expand their rental portfolio. Don't miss your chance to invest in this income generating property. Contact your REALTOR® today for more information! (id:66096)

Property Details

MLS®: SM263097
Property Type: Multi-family
Interior Size: 200 ft²
Year Built: 1883
Storeys: 2
Basement: Partial
Heating: Forced air
Garage: Gravel
Property Tax: $4,263/yr
Listed: Today

Features

Exterior: Brick, Siding

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Sault Ste. Marie listings, avg age

57d

Price / ft²

$1,100

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 multi-family in Sault Ste. Marie has been listed for 0 days, which is 57 days fresher than the city average of 57. Act while there is still low competition.

Set a price alert Book a showing

Listed by Century 21 Choice Realty Inc. · Stacey Cleave

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P6A)

This home lists at $219,900, about 2.8× the local median household income of $78,000.

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: $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)

$219,900· $1,100/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $10,995

Min 5%50%

Mortgage payment$1,158/mo

↳ CMHC premium ($8,356 capitalized)

Property tax (est.)$355/mo

Total monthly$1,513

Cash Needed to Close

Down payment (5%)$10,995

Land transfer tax$1,924

Est. closing costs$3,160

Total cash needed$16,079

Get Pre-Approved · Free & Fast

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