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485 Wellington ST W

485 Wellington ST W

Sault Ste. Marie, Ontario

  • Multi-family
$449,900

Great investment opportunity with this 4 unit apartment building located in the west end of the city. Features 2-2 bedroom units, 2-1 bedroom units, detached garage with potential for further income, separate entrances, 4 power meters,3 water meters and plenty of parking. Recent updates include updated one bedroom unit in the lower level, updated 2 bedroom unit on the main level, new gas boiler system(2023), newer basement windows (2022), shingles (2021), some updated lighting and plumbing throughout, as well as regrading the parking. This is a solid build with little to nothing to do for the new owner. Call today!

Price History

Schools

Elementary

  • École élémentaire Notre-Dame-du-Sault1.2 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

  • Northern Heights Public School1.6 km

    Public · Algoma DSB · 240 students

    Grade 3 reading: 60% met the provincial standard · Grade 6 math: 33% met the provincial standard

  • Superior Heights Community Education1.6 km

    Public · Algoma DSB

Secondary

  • St Mary's College Separate School1.7 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

  • Korah Collegiate and Vocational School2.8 km

    Public · Algoma DSB · 990 students

    Grade 10 literacy: 79% 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 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

Walk Score is unavailable for this address right now.

Location

Street View

Mortgage Calculator

$89,980

Estimated Monthly Payment

$2,210

Land transfer tax

Estimated land transfer tax$5,473

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

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

Mortgage: $2,210/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $112/mo

Estimates only. Consult a financial advisor.

R

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