$524,900
Est. payment $2,324/moCalculate yours
427-429 Wellington Street E, Sault Ste Marie, ON P6A 2M1
Ward 2, Sault Ste Marie, ON P6A 2M1
- 2,400 Sq Ft
Listing courtesy of Royal LePage® Northern Advantage MLS® X13888222
About this home
Prime investment opportunity at 427-429 Wellington St. East! This centrally located 6-plex is situated in a convenient downtown location, close to numerous amenities and offering an excellent addition to any investment portfolio. The property features three one-bedroom units and three two-bedroom units. Heating is provided by a combination of gas forced-air furnaces and electric baseboards. The two main level units each have their own separate gas furnaces while floors 2 and 3 are electric baseboard. With a desirable unit mix, central location, and established rental setup, this is an excellent opportunity for investors. Don’t miss out-book your viewing today!
Property details
Overview
- Property Type
- Multiplex
- For
- For Sale
- Status
- New
- Size
- 2,400 sqft
Interior
- Basement
- Full
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- Other
- Exterior
- Unknown
- Foundation
- Stone
- Roof
- Other
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 41 x 91 Feet
- Parking
- None garage
- Zoning
- R3
Financial
- Property Taxes
- $5,408 (2026)
Location
- Neighbourhood
- Ward 2
- Direction Faces
- South
Listing
- MLS® Number
- X13888222
- Days on Market
- 40
- Listed On
- 2026-09-08
- Listed By
- Royal LePage® Northern Advantage
Features
Interior
- Other
Property
- Fenced Yard
Pool
- None
- Included
- 6 Fridges, 6 stoves
- Excluded
- 6 Hot water tanks on rentals, 2 furnaces on purchase plan
- Rental items
- 4310
Mortgage calculator
Estimated mortgage payment
$2,324 per month
- Principal and interest
- $2,324
- Property tax
- $451
- Condo fees
- $0
- Estimated monthly cost
- $2,775
Your mortgage
- Mortgage amount
- $419,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $277,323
Cash to close
- Down payment
- $104,980
- Land transfer tax
- $6,973
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $111,953
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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