The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
This timeless building in the city's downtown is a very unique property with 3 units comprised of 2 single family semi detached & a 1 bedroom 3rd floor in-law suite. The first unit is at 137 Tancred is 4 bedroom (2 stories) with basement access with 1420 sq feet and the Larger side is 141 Tancred is 1846 sq feet. This unit is a large 3-story home with 7 bedrooms! Good existing paying tenants. Building runs about 8% Cap. Great investment or owner occupied. A small garage on site with a parking spot and 3-4 parking spots in the rear off the laneway. Its not your regular income property. It has original trim and hardwood floors, beautiful staircase, a gem that you would be proud to own. Brick building, roof shingles 2016, 2 hot water boilers, laundry on site. Contact LBO for more information.
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$1,769/mo
Mortgage (principal + interest)$1,346
Property taxFrom listing: $5,070/yr$423
Minimum $17,995 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$71,980
Ontario land transfer taxProvincial brackets, no first-time refund$3,874
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$78,654
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Sault Ste Marie has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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