1/12157 CHURCH Street, Sault Ste. Marie
157 CHURCH Street, Sault Ste. Marie, ON P6A3H7
$179,900 total
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Asset Class
Multifamily
Size
—
Building class
A
Zoning
RA9 — High Rise
$ / SF
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Occupancy
98%
Lot Size
0.09 ac
About this property
Great opportunity for investors or buyers looking to offset their mortgage with rental income! This duplex features two self contained one bedroom units with separate hydro meters. The main floor unit is currently tenanted at $750/month plus hydro, while the other unit offers the opportunity to occupy or rent out. Comfortable natural gas forced air heating throughout. Conveniently located close to shopping, transit, downtown, and many everyday amenities. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$831
Projected NOI
$9K
Annual cash flow
$-718
Cash-on-cash
-1.33%
DSCR
0.93
Going-in cap
5.14%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
124,635
Households
43,916
Median income
$105,500
Median age
33.2
Daytime population
191,225
5-yr growth
2.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 157 CHURCH Street, Sault Ste. Marie.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.