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Sault Ste. Marie, Ontario

Multi-family

$339,900

**Income-Generating Four-Plex in a Good Location!** Welcome to this fantastic investment opportunity featuring a well-maintained four-plex property, listed at just $339,900! This income maker offers two spacious one-bedroom units and two comfortable two-bedroom units, perfect for attracting a variety of tenants. The building is equipped with an efficient gas hot water boiler heating system, providing cost-effective utility management for you and your tenants. Recent roof shingles add to the low-maintenance appeal of this property, ensuring peace of mind for years to come. With great rental income potential, this property is a must-see for any savvy investor. Don't miss out on this chance to grow your real estate portfolio! Rent and vacancy can change please verify directly with LBO,

Price History

Schools

Secondary

  • St Mary's College Separate School1 km

    Catholic · Huron-Superior CDSB · 940 students

    Grade 10 literacy: 82% met the provincial standard

  • École secondaire Notre-Dame-du-Sault1.4 km

    French Catholic · CSDC du Nouvel-Ontario

  • Superior Heights Collegiate and Vocational School3.1 km

    Public · Algoma DSB · 940 students

    Grade 10 literacy: 77% met the provincial standard

Elementary

  • St. Basil Catholic School1.3 km

    Catholic · Huron-Superior CDSB · 725 students

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

  • Francis H Clergue Public School1.7 km

    Public · Algoma DSB · 545 students

    Grade 6 math: 47% met the provincial standard

  • Queen Elizabeth Public School1.9 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 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

Mortgage Calculator

$67,980

Estimated Monthly Payment

$1,670

Investment Analysis

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

Mortgage: $1,670/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $85/mo

Estimates only. Consult a financial advisor.

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