Gurvinder Nokwal REALTOR®
For Sale Multiplex 55 days on market

$500,000

Est. payment $2,214/moCalculate yours

239 Wellington Street, Sault Ste Marie, ON P6A 2L7

Ward 2, Sault Ste Marie, ON P6A 2L7

  • 2,000 Sq Ft
Map

Listing courtesy of Century 21 Choice Realty Inc. MLS® X13888098

About this home

Fantastic downtown investment opportunity featuring a solid brick fourplex with four recently renovated units and strong rental income. This well maintained building is currently generating $5,000 per month in gross rental revenue, making it an excellent addition to any investment portfolio. The property features durable brick construction, a full basement, separate entrances for each unit, and a gas forced-air heating system. Situated on a deep lot, it also offers a large paved parking area with access from the front through to the rear lane. A standout feature is the large detached garage with brick siding and a metal roof, providing valuable storage or additional rental income potential. The property also generates extra income through laundry and garage rentals. Don’t miss this opportunity to own a turnkey, income-producing fourplex in a convenient downtown location. Call today to book your private showing!

Property details

Overview

Property Type
Multiplex
For
For Sale
Status
New
Size
2,000 sqft

Interior

Basement
Full

Building & Systems

Heating
Forced Air (Gas)
Cooling
Other
Exterior
Brick
Foundation
Other
Roof
Other
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
40 x 183 Feet
Parking
None garage
Zoning
R3

Financial

Property Taxes
$3,144 (2025)

Location

Neighbourhood
Ward 2
Direction Faces
South

Listing

MLS® Number
X13888098
Days on Market
55
Listed On
2026-08-24
Listed By
Century 21 Choice Realty Inc.

Features

Interior

  • Other

Pool

  • None
Included
N/A
Excluded
Tenants belongings
Rental items
N/A

Mortgage calculator

Minimum for this price: $25,000 (5%)

Amortization, years

Estimated mortgage payment

$2,214 per month

Principal and interest
$2,214
Property tax
$262
Estimated monthly cost
$2,476

Your mortgage

Mortgage amount
$400,000
Mortgage insurance
Not needed
Interest over 25 years
$264,168

Cash to close

Down payment
$100,000
Land transfer tax
$6,475
Total, before legal fees
$106,475
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

239 Wellington Street, Sault Ste Marie, ON P6A 2L7 Ward 2, Sault Ste Marie, ON P6A 2L7
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$500,000 239 Wellington Street, Sault Ste Marie, ON P6A 2L7
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