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178 Pim ST

178 Pim ST

Sault Ste. Marie, Ontario

Multi-family

$260,000

This solid, income-producing triplex offers both character and opportunity. The main floor 2-bedroom unit is vacant with new flooring and in-unit laundry – ideal for a buyer who wants to move in or set their own rent. Upstairs are two 1-bedroom units, both currently rented, including one with a long-term tenant. With three separate electrical meters, efficient gas hot water boiler heating and new hot water tanks (2021) this property is set up to run smoothly. Located in a walkable part of the city, just steps from the downtown core and waterfront, it’s a great spot for tenants – there’s even a bus stop right outside. With steady rental income already in place and the ability to set rent on the vacant unit, this property offers a chance to cash flow from day one.

Price History

Schools

Elementary

  • Queen Elizabeth Public School1.3 km

    Public · Algoma DSB · 270 students

    Grade 3 reading: 86% met the provincial standard · Grade 6 math: 52% met the provincial standard

  • Francis H Clergue Public School1.4 km

    Public · Algoma DSB · 545 students

    Grade 6 math: 47% met the provincial standard

  • St. Basil Catholic School1.7 km

    Catholic · Huron-Superior CDSB · 725 students

    Grade 3 reading: 49% met the provincial standard · Grade 6 math: 14% met the provincial standard

Secondary

  • St Mary's College Separate School1.5 km

    Catholic · Huron-Superior CDSB · 940 students

    Grade 10 literacy: 82% met the provincial standard

  • École secondaire Notre-Dame-du-Sault1.7 km

    French Catholic · CSDC du Nouvel-Ontario

  • Superior Heights Collegiate and Vocational School2.5 km

    Public · Algoma DSB · 940 students

    Grade 10 literacy: 77% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area P6A

Population
33,800
Private dwellings
16,498
Median age
47.2
Average household size
2.2
Median household income
$78,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Multi-family in Sault Ste. Marie · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of multi-family properties in Sault Ste. Marie over the last 12 months.

Location

Street View

Mortgage Calculator

$52,000

Estimated Monthly Payment

$1,277

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,277/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $65/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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