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Sault Ste. Marie, Ontario

Multi-family

$425,000

This timeless building in the city's downtown is a very unique property with 3 units comprised of 2 single family semi detached & a 1 bedroom 3rd floor in-law suite. The first unit is at 137 Tancred is 4 bedroom (2 stories) with basement access with 1420 sq feet and the Larger side is 141 Tancred is 1846 sq feet. This unit is a large 3-story home with 7 bedrooms! Good existing paying tenants. Building runs about 8% Cap. Great investment or owner occupied. A small garage on site with a parking spot and 3-4 parking spots in the rear off the laneway. Its not your regular income property. It has original trim and hardwood floors, beautiful staircase, a gem that you would be proud to own. Brick building, roof shingles 2016, 2 hot water boilers, laundry on site. Contact LBO for more information.

Price History

Schools

Secondary

  • St Mary's College Separate School0.2 km

    Catholic · Huron-Superior CDSB · 940 students

    Grade 10 literacy: 82% met the provincial standard

  • École secondaire Notre-Dame-du-Sault0.8 km

    French Catholic · CSDC du Nouvel-Ontario

  • Algoma Education Connection Secondary School2.9 km

    Public · Algoma DSB · 155 students

Elementary

  • St. Basil Catholic School0.8 km

    Catholic · Huron-Superior CDSB · 725 students

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

  • Northern Heights Public School1.5 km

    Public · Algoma DSB · 240 students

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

  • École élémentaire Notre-Dame-du-Sault1.6 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

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

$85,000

Estimated Monthly Payment

$2,088

Investment Analysis

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

Mortgage: $2,088/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $106/mo

Estimates only. Consult a financial advisor.

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