548 Lake ST
Sault Ste. Marie, Ontario
2 bed • 2 bath • Single Family
This well-maintained 1,100 sq. ft. two storey home is ideally located on desirable Lake Street Hill and sits on an impressive 189-foot deep lot. The upper level features two bedrooms, including a spacious primary measuring. The main floor offers a functional layout with a formal dining room and living room, both showcasing hardwood flooring, along with a full bathroom and a well-equipped kitchen complete with built-in stovetop, oven, microwave, dishwasher, and refrigerator. The finished basement extends the living space with a cozy rec room, second bathroom, laundry, and ample storage. Notable updates include new shingles (2025), a gas forced air furnace (2014), and windows replaced in 1999. The oversized lot presents excellent potential for future development, including the possibility of adding another dwelling—making it an attractive option for those seeking investment opportunities or multi-generational living. Most furnishings can be included, and a quick closing is available. Conveniently located close to schools, the Hub Trail, public transit, and all amenities, this property offers both comfort and long-term potential.
Price History
Schools
Elementary
- River View Public School0.4 km
Public · Algoma DSB · 180 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 37% met the provincial standard
- Ben R McMullin Public School0.6 km
Public · Algoma DSB · 170 students
Grade 3 reading: 64% met the provincial standard · Grade 6 math: 14% met the provincial standard
- Francis H Clergue Public School1.1 km
Public · Algoma DSB · 545 students
Grade 6 math: 47% met the provincial standard
Secondary
- Superior Heights Collegiate and Vocational School1.4 km
Public · Algoma DSB · 940 students
Grade 10 literacy: 77% met the provincial standard
- Algoma Education Connection Secondary School1.9 km
Public · Algoma DSB · 155 students
- École secondaire Notre-Dame-du-Sault2.7 km
French Catholic · CSDC du Nouvel-Ontario
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
Single 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 single family properties in Sault Ste. Marie over the last 12 months.
Walk Score
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Scores by Walk Score®
Location
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Mortgage Calculator
$61,980
Estimated Monthly Payment
$1,522
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,522/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $77/mo
Estimates only. Consult a financial advisor.
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