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.
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!
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Age Groups
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Owners vs Renters
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What’s NearbyDistances approximate
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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$2,132/mo
Mortgage (principal + interest)$1,870
Property taxFrom listing: $3,144/yr$262
Minimum $25,000 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$100,000
Ontario land transfer taxProvincial brackets, no first-time refund$6,475
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$109,275
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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