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1014 Peoples RD

1014 Peoples RD

Sault Ste. Marie, Ontario

  • Multi-family
$649,900

Excellent opportunity to own a solid, purpose-built 4-plex in a highly desirable location. This well-maintained investment property is ideal for buyers seeking strong, long-term returns with minimal upkeep. The building features one spacious 3-bedroom unit and three well-appointed 2-bedroom units, all in excellent condition, with one unit recently updated. Each suite has its own hydro meter, with tenants paying their own utilities, helping to maximize your return on investment. The property also offers plenty of paved parking at the rear, on-site coin-operated laundry, and two storage sheds, adding even more value and convenience. With reliable long-term tenants and pride of ownership evident throughout, this is a turnkey investment you won't want to miss. Call today and book your viewing.

Price History

Schools

Elementary

  • Kiwedin Public School1.3 km

    Public · Algoma DSB · 170 students

    Grade 3 reading: 78% met the provincial standard · Grade 6 math: 35% met the provincial standard

  • Superior Heights Community Education1.4 km

    Public · Algoma DSB

  • Superior Heights Intermediate School1.4 km

    Public · Algoma DSB · 135 students

Secondary

  • Korah Collegiate and Vocational School2.4 km

    Public · Algoma DSB · 990 students

    Grade 10 literacy: 79% met the provincial standard

  • École secondaire Notre-Dame-du-Sault3 km

    French Catholic · CSDC du Nouvel-Ontario

  • St Mary's College Separate School3.3 km

    Catholic · Huron-Superior CDSB · 940 students

    Grade 10 literacy: 82% 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

$129,980

Estimated Monthly Payment

$3,193

Land transfer tax

Estimated land transfer tax$9,473

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: $3,193/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $162/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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