341 Devon RD
Sault Ste. Marie, Ontario
MLS® SM262353
$369,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- SM262353
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1952
1 / 24Listing description
Well-Maintained Legal Triplex in a Desirable West End Location! This well-maintained, all-brick legal triplex offers an excellent opportunity for both investors and owner-occupiers looking to build equity while generating rental income. Ideally located in a desirable West End neighbourhood close to schools, shopping, transit, restaurants, and all major amenities, this property offers a great combination of location, functionality, and income potential.
The property features two spacious 2-bedroom units and one bachelor unit, with separate entrances, separate hydro meters, and two separate driveways, providing an ideal setup for easy management and tenant privacy. The building currently has good, quiet, long-term tenants in place, providing stable rental income. The main-floor 2-bedroom unit is currently vacant, creating an outstanding opportunity for an owner-occupier.
Live in the vacant unit and have the rental income from the other two units help offset your mortgage, or rent the unit out yourself and take advantage of the opportunity to establish your own market rent. Additional features include basement storage, vinyl windows, newer electrical panels, and shingles replaced in 2026. With its solid brick construction, desirable West End location, flexible unit configuration, and immediate owner-occupier potential, this is the kind of investment opportunity that doesn’t come along often.
A great opportunity to live in one unit, generate income from the others, and let your tenants help build your equity. Don’t miss this excellent owner occupied investment!
Property summary
- MLS® number
- SM262353
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 1,659 sq ft
- Built in
- 1952
- Annual property taxes
- $3,310.29
- Parking
- Gravel
- Days on market
- 20 days
Features & details
- Heating
- Baseboard heaters
- Basement
- Full
- Exterior features
- Brick
- Lot features
- Corner Site
What would this home cost you?
Based on the $369,900 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 Century 21 Choice Realty Inc., 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.