$410,000
↓ $29,900 from $439,900
Est. payment $1,815/moCalculate yours
254 Wallace Terrace, Sault Ste Marie, ON P6C 1K7
Ward 4, Sault Ste Marie, ON P6C 1K7
- 5,520 Sq Ft
Listing courtesy of Century 21 Choice Realty Inc. MLS® X13887224
About this home
ATTENTION INVESTORS ***INCOME PRODUCING *** 4-PLEX 3 Tenanted Units ***4th 3-Bedroom Unit Vacant** Set Your Rent or Owner Occupy - *** with attached 20×24 wired & insulated Garage. Building offers 2 3-bedroom units on the main floor (1 3-bedroom unit is vacant) and one 4-bedroom plus den & 1 2-bedroom unit on the upper level. Separate meters, New 2026 on demand boiler, for 2 main floor units and 4 bed plus den has a high efficiency gas furnace. 4 refrigerators & four stoves are included. Separate 40’X121′ PARKING LOT across the street. Oversized storage shed. The Building has a full poured concrete basement for storage, and a secured, concrete-blocked owner security room complete with a security system, including cameras & hard drive system. Property Taxes $9,804.27 / 2026yr Call today to book your private viewing.
Property details
Overview
- Property Type
- Multiplex
- For
- For Sale
- Status
- New
- Size
- 5,520 sqft
Interior
- Basement
- Full
Building & Systems
- Heating
- Other (Electric)
- Cooling
- Other
- Exterior
- Vinyl Siding, Brick
- Foundation
- Poured Concrete
- Roof
- Shingles, Asphalt Rolled
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 42 x 126.5 Feet
- Parking
- None garage
- Zoning
- C1
Financial
- Property Taxes
- $9,804 (2026)
Location
- Neighbourhood
- Ward 4
- Direction Faces
- North
Listing
- MLS® Number
- X13887224
- Days on Market
- 131
- Listed On
- 2026-06-09
- Listed By
- Century 21 Choice Realty Inc.
Features
Interior
- Other
Pool
- None
- Included
- 4 Fridges, 4 Stoves, Security Cameras & Hard Drive. (all as is conditon)
- Excluded
- Washers & Dryers (belong to tenants), all tenant personal belongings, 2 hot water tanks (rentals).
- Rental items
- $653.00/year (2 hot water tanks)
Mortgage calculator
Estimated mortgage payment
$1,815 per month
- Principal and interest
- $1,815
- Property tax
- $817
- Condo fees
- $0
- Estimated monthly cost
- $2,632
Your mortgage
- Mortgage amount
- $328,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $216,617
Cash to close
- Down payment
- $82,000
- Land transfer tax
- $4,675
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $86,675
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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