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30-32 Wemyss ST

30-32 Wemyss ST

Sault Ste. Marie, Ontario

Multi-family

$624,900

This fourplex was built in 1996, has high income and can be a great addition to your portfolio, with two units vacant to set your own rent! Gross Income can easily be $72,000/year when the vacant units are rented, boasting a very high cap rate! Separately metered with no common area, cutting down on expenses for the owner! All units have their own washing machine and dryer, with large windows, their own gas furnaces, and generously sized bedrooms, making this a wonderful option for tenants! Plenty of parking! Call your REALTOR® today for a private showing!

Price History

Schools

Secondary

  • St Mary's College Separate School1.3 km

    Catholic · Huron-Superior CDSB · 940 students

    Grade 10 literacy: 82% met the provincial standard

  • École secondaire Notre-Dame-du-Sault1.5 km

    French Catholic · CSDC du Nouvel-Ontario

  • Superior Heights Collegiate and Vocational School2.7 km

    Public · Algoma DSB · 940 students

    Grade 10 literacy: 77% met the provincial standard

Elementary

  • Francis H Clergue Public School1.3 km

    Public · Algoma DSB · 545 students

    Grade 6 math: 47% met the provincial standard

  • St. Basil Catholic School1.4 km

    Catholic · Huron-Superior CDSB · 725 students

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

  • Queen Elizabeth Public School1.5 km

    Public · Algoma DSB · 270 students

    Grade 3 reading: 86% met the provincial standard · Grade 6 math: 52% 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 P6B

Population
22,754
Private dwellings
11,032
Median age
48
Average household size
2.1
Median household income
$69,000

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

Mortgage Calculator

$124,980

Estimated Monthly Payment

$3,070

Investment Analysis

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

Mortgage: $3,070/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $156/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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