$800,000
Available - For Sale
Listing ID: X12107273
18 Wellington Stre West , Sault Ste Marie, P6A 1H1, Algoma


Incredible opportunity to own this well-maintained, all-brick 5-unit purpose-built apartment building, perfectly positioned at the base of North Street and just steps from the waterfront, scenic boardwalk, shopping plazas, and a wide range of amenities. This income-generating property features 3 spacious two-bedroom units and 2 one-bedroom units, with immediate potential for rental upside. Additional income is boosted by a coin-operated washer and dryer. A large paved parking lot offers plenty of tenant parking. Recent updates include a brand new high-efficiency gas furnace, fresh paint, updated trim, and more in several units. The basement offers a wide open layout with abundant space, ideal for additional paid tenant storage or future development opportunities.
Price $800,000
Taxes: $6504.00
Tax Type: Annual
Occupancy: Tenant
Address: 18 Wellington Stre West , Sault Ste Marie, P6A 1H1, Algoma
Postal Code: P6A 1H1
Province/State: Algoma
Legal Description: PT LT 73 PL 453 KORAH PT 1, 2 1R4584; SA
Directions/Cross Streets: Wellington St W & North St
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Apartment
Building Percentage: T
Total Area: 3000.00
Total Area Code:  Square Feet
Water Expense: $1139
Expenses Actual/Estimated: $Est
Washrooms: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: No
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Down Payment $ $ $ $
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RIGHT AT HOME REALTY
Personal Picture
Reza Peyvandi
Broker, ABR, SRS, RENE
Dir:
416-230-0202
Bus:
905-695-7888
Fax:
905-695-0900
 
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At a Glance:
Type: Com - Investment
Area: Algoma
Municipality: Sault Ste Marie
Neighbourhood: West
Style:
Lot Size: x 120.00(Feet)
Approximate Age:
Tax: $6,504
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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