Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Sault Ste Marie. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $129,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Check out this duplex offering a prime chance for savvy investors to capitalize on. Building has 2 - two bedroom units, each with a 4 piece bathroom. Situated downtown, this property boasts a steady cash flow with the lower unit occupied by a clean and well-maintained long-term tenant. The tenant pays $760 per month plus electricity. The upper unit, a blank canvas awaiting your vision, presents an exciting opportunity to increase rental income once renovated to your taste. Separated Meters, With some cosmetic work, this duplex is a perfect handyman special
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Data-driven valuation for 188 DENNIS Street, Sault Ste Marie, ON P6A 2X3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Sault Ste Marie.
About Purchasing a Home in Sault Ste Marie, ON
For a property listed at $129,900 in Sault Ste Marie, the legal minimum down payment is $6,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,024 for this transaction. As this listing is in Sault Ste Marie (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,024.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.