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Renanza Realty
For sale

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

Listing 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.

Estimated monthly payment$3,443 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

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.