110-112 East Balfour ST
Sault Ste. Marie, Ontario
MLS® SM262217
$739,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- SM262217
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1996
1 / 50Listing description
A rental property should do more than generate income. It should make sense to own. 110/112 East Balfour offers four established, self-contained 2-bedroom units producing $5,564.
33 in current monthly rent, with a thoughtful setup that keeps both tenant comfort and long-term ownership in mind. Separate hydro meters allow tenants to pay their own electricity, while a modern Navien system provides hydronic in-floor heating throughout the building. Each unit has its own laundry, generous living space and private outdoor space, with balconies upstairs and patios leading to backyard areas on the main level.
The main-floor units also offer attached garages and accessible layouts, adding versatility that is not often found in multi-unit properties. Ample parking, separate exterior-access utility rooms and a quiet West End setting further add to the property's practicality. H.
M. Robbins Elementary School sits directly across the street, while a creek along the rear of the property brings an unexpected touch of nature to an urban investment. With established rental income and a property designed around comfortable, functional multi-unit living, 110/112 East Balfour presents a compelling opportunity to add a well-maintained income property to your portfolio.
Property summary
- MLS® number
- SM262217
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 3,908 sq ft
- Built in
- 1996
- Annual property taxes
- $7,570.98
- Parking
- Gravel
- Days on market
- 30 days
Features & details
- Heating
- Radiant/Infra-red Heat
- Cooling
- Air exchanger
- Exterior features
- Siding
- Lot features
- Wheelchair access, Balcony
What would this home cost you?
Based on the $739,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of EXP Realty, Sault Ste. Marie.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.