Address
341 Devon Rd, Sault Ste. Marie, ON
Price
$ 369,900
Property Attributes
  • ID#SM262353
  • TypeMulti-Family
  • Listing Status Active
  • MunicipalitySault Ste. Marie
  • CitySault Ste. Marie
  • AreaSault Ste. Marie
  • NeighbourhoodSault Ste. Marie
  • Postal CodeP6C 1Y4
  • Style
  • Year Built1952
  • Price$ 369,900
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1659
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Well-Maintained Legal Triplex in a Desirable West End Location! This well-maintained, all-brick legal triplex offers an excellent opportunity for both investors and owner-occupiers looking to build equity while generating rental income. Ideally located in a desirable West End neighbourhood close to schools, shopping, transit, restaurants, and all major amenities, this property offers a great combination of location, functionality, and income potential. The property features two spacious 2-bedroom units and one bachelor unit, with separate entrances, separate hydro meters, and two separate driveways, providing an ideal setup for easy management and tenant privacy. The building currently has good, quiet, long-term tenants in place, providing stable rental income. The main-floor 2-bedroom unit is currently vacant, creating an outstanding opportunity for an owner-occupier. Live in the vacant unit and have the rental income from the other two units help offset your mortgage, or rent the unit out yourself and take advantage of the opportunity to establish your own market rent. Additional features include basement storage, vinyl windows, newer electrical panels, and shingles replaced in 2026. With its solid brick construction, desirable West End location, flexible unit configuration, and immediate owner-occupier potential, this is the kind of investment opportunity that doesn’t come along often. A great opportunity to live in one unit, generate income from the others, and let your tenants help build your equity. Don’t miss this excellent owner occupied investment! (id:7434)

General Features

Features Corner Site
Property Type Multi-family
CommunityName Sault Ste. Marie
Foundation Type Concrete Perimeter
Building Type Multi-Family
Building.StoriesTotal 1.75

Interior Features

Building Fireplace Present False
Building Heating Type Baseboard heaters
Basement Type Full
Living Area Range 1659

Exterior Features

Sewer Municipal sewage system
Exterior Finish Brick

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 1Y4

Price
AVG $370K
$370K
Year Built
AVG 1952
1952

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