254 Wallace TER
Sault Ste. Marie, Ontario
Multi-family
ATTENTION INVESTORS ***INCOME PRODUCING *** 4-PLEX 3 Tenanted Units ***4th 3-Bedroom Unit Vacant** Set Your Rent or Owner Occupy - *** with attached 20x24 wired & insulated Garage. Building offers 2 3-bedroom units on the main floor (1 3-bedroom unit is vacant) and one 4-bedroom plus den & 1 2-bedroom unit on the upper level. Separate meters, New 2026 on demand boiler, for 2 main floor units and 4 bed plus den has a high efficiency gas furnace. 4 refrigerators & four stoves are included. Separate 40'X121' PARKING LOT across the street. Oversized storage shed. The Building has a full poured concrete basement for storage, and a secured, concrete-blocked owner security room complete with a security system, including cameras & hard drive system. Property Taxes $9,804.27 / 2026yr Call today to book your private viewing.
Price History
Schools
Elementary
- Our Lady of Lourdes Catholic School1.4 km
Catholic · Huron-Superior CDSB · 335 students
Grade 3 reading: 74% met the provincial standard · Grade 6 math: 52% met the provincial standard
- École élémentaire Notre-Dame-du-Sault1.9 km
French Catholic · CSDC du Nouvel-Ontario · 215 students
Grade 3 reading: 43% met the provincial standard · Grade 6 math: 55% met the provincial standard
- Korah Intermediate School2.1 km
Public · Algoma DSB · 235 students
Secondary
- Korah Collegiate and Vocational School2.1 km
Public · Algoma DSB · 990 students
Grade 10 literacy: 79% met the provincial standard
- St Mary's College Separate School2.4 km
Catholic · Huron-Superior CDSB · 940 students
Grade 10 literacy: 82% met the provincial standard
- École secondaire Notre-Dame-du-Sault2.5 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 P6C
- Population
- 18,766
- Private dwellings
- 8,926
- Median age
- 46.4
- Average household size
- 2.2
- Median household income
- $71,500
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.
Walk Score
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Location
Mortgage Calculator
$82,000
Estimated Monthly Payment
$2,014
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,014/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $103/mo
Estimates only. Consult a financial advisor.
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