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.
Welcome to 509 Douglas Street! This solid Triplex sitting on a double lot is a turn key; an extremely smart investment. Live in one unit and have the other 2 pay the mortgage (build a big garage) OR continue to rent all 3 units and fill the 2 vacant ones with todays market rent. Mainfloor 3 Bedroom is spacious and has amazing tenants! This unit has a generous eat in kitchen, access to basement laundry, large living room, full bathroom with updated tile tub surround & a huge front porch! Secure interior access for the 2 upper 1 Bedroom units both bright and airy and very functional. Natural Gas Boiler (2013) with separate zoning (set your own heat in each), 3 hot water tanks, separate meters, laundry in basement with exterior access, large double lot with storage shed for the lawnmower and blower. Outside features architectural shingles (2015), vinyl siding, dual pane vinyl windows, a rear deck, in an excellent West end location! Call today for your private showing.
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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$1,915/mo
Mortgage (principal + interest)$1,664
Property taxFrom listing: $3,002/yr$250
Minimum $22,245 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$88,980
Ontario land transfer taxProvincial brackets, no first-time refund$5,373
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$97,153
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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