Address
110-112 East Balfour St, Sault Ste. Marie, ON
Price
$ 739,900
Property Attributes
  • ID#SM262217
  • TypeMulti-Family
  • Listing Status Active
  • MunicipalitySault Ste. Marie
  • CitySault Ste. Marie
  • AreaSault Ste. Marie
  • NeighbourhoodSault Ste. Marie
  • Postal CodeP6C 1X5
  • Style
  • Year Built1996
  • Price$ 739,900
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3908
Data Source:
Canadian Real Estate Association (CREA)
Property Description

A rental property should do more than generate income. It should make sense to own. 110/112 East Balfour offers four established, self-contained 2-bedroom units producing $5,564.33 in current monthly rent, with a thoughtful setup that keeps both tenant comfort and long-term ownership in mind. Separate hydro meters allow tenants to pay their own electricity, while a modern Navien system provides hydronic in-floor heating throughout the building. Each unit has its own laundry, generous living space and private outdoor space, with balconies upstairs and patios leading to backyard areas on the main level. The main-floor units also offer attached garages and accessible layouts, adding versatility that is not often found in multi-unit properties. Ample parking, separate exterior-access utility rooms and a quiet West End setting further add to the property's practicality. H.M. Robbins Elementary School sits directly across the street, while a creek along the rear of the property brings an unexpected touch of nature to an urban investment. With established rental income and a property designed around comfortable, functional multi-unit living, 110/112 East Balfour presents a compelling opportunity to add a well-maintained income property to your portfolio. (id:7434)

General Features

Features Wheelchair access, Balcony
Property Type Multi-family
CommunityName Sault Ste. Marie
Building Amenities Laundry Facility
Building Cooling Type Air exchanger
Foundation Type Concrete Perimeter
Building Type Multi-Family
Building.StoriesTotal 2

Interior Features

Building Fireplace Present False
Building Heating Type Radiant/Infra-red Heat
Living Area Range 3908

Exterior Features

Structure Patio(s)
Sewer Municipal sewage system
Exterior Finish Siding

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in P6C 1X5

Price
AVG $740K
$740K
Year Built
AVG 1996
1996

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