253 Lake St
Sault Ste. Marie, Ontario P6A4B3
3 beds · 2 baths · 950 sqft
Attention Investors! This perfectly located, highly efficient east-end brick bungalow is ready for you to immediately cash flow with existing tenants and ideal location to Algoma University. Main level offers 3 bedrooms, bright open concept kitchen/living room with east-facing picture window, 3 piece bathroom and access to the rear private deck. The fully finished lower level has a spacious updated rec room, den + 4 piece bathroom. Features include gas forced air heat (2014), central a/c, newer windows throughout, solid metal roof and 200amp service. Home is complete with a convenient car port, single car garage, double driveway and fenced in yard. Just a short walk to the Churchill Plaza, Bellevue Park, Algoma University and most importantly it's a safe, highly desired neighborhood for investors and home owners alike. Property is currently rented out for $3000.00/month all inclusive to Algoma University students. Call me for additional information and a solid opportunity to own a strong cash flow property. (id:39198)
Facts & Features
Building Type Detached
Year built
Square Footage 950 sqft
Stories 1
Bedrooms 3
Bathrooms 2
Parking
NeighbourhoodSault Ste. Marie
Land size 50x160|under 1/2 acre
Heating type Forced air
Basement typeFull (Finished)
Parking Type Garage
Time on REALTOR.ca147 days
Brokerage Name: Exit Realty True North
Similar Homes
Starting at
$899/month
with $5,000 down payment
Home price: $109,900
347 Alexandra St
3 beds · 1 bath
Starting at
$1,095/month
with $5,000 down payment
Home price: $129,900
136 Biggings Ave
3 beds · 2 baths
Starting at
$1,095/month
with $5,000 down payment
Home price: $129,900
133 Trelawne Ave
3 beds · 1 bath
Starting at
$1,189/month
with $5,000 down payment
Home price: $139,500
39 Grosvenor Ave
3 beds · 1 bath
Starting at
$1,474/month
with $5,000 down payment
Home price: $159,900
184 Elgin St
3 beds · 2 baths
Starting at
$1,625/month
with $5,000 down payment
Home price: $174,500
22 Blucher St
3 beds · 2 baths
Starting at
$1,671/month
with $5,000 down payment
Home price: $179,000
16 Hawthorne Ave
3 beds · 1 bath
Starting at
$1,713/month
with $5,000 down payment
Home price: $183,000
97 St Georges Ave E
3 beds · 2 baths
Starting at
$1,827/month
with $5,000 down payment
Home price: $194,000
329 Farwell Ter
3 beds · 1 bath
Starting at
$1,836/month
with $5,000 down payment
Home price: $194,900
229 Huron St
3 beds · 2 baths
Starting at
$1,888/month
with $5,000 down payment
Home price: $199,900
430 Mcnabb St
3 beds · 1 bath
Starting at
$1,888/month
with $5,000 down payment
Home price: $199,900
282-284 Wellington St W
3 beds · 3 baths
Starting at
$1,848/month
with $5,000 down payment
Home price: $200,000
72 Copernicus Dr
3 beds · 1 bath
Starting at
$2,041/month
with $5,000 down payment
Home price: $219,000
346 Bloor St
3 beds · 2 baths
Starting at
$2,101/month
with $5,000 down payment
Home price: $224,900
396 John St
3 beds · 1 bath
Starting at
$2,152/month
with $5,000 down payment
Home price: $229,900
170 Pim St
3 beds · 2 baths
Starting at
$2,253/month
with $5,000 down payment
Home price: $239,900
314 Northland Rd
3 beds · 2 baths
Starting at
$2,253/month
with $5,000 down payment
Home price: $239,900
398 Morin St
3 beds · 2 baths
Starting at
$2,295/month
with $5,000 down payment
Home price: $244,000
329 First Ave
3 beds · 2 baths
Starting at
$2,355/month
with $5,000 down payment
Home price: $249,900
114 Woodward Ave
3 beds · 1 bath
Recently Listed Homes
Starting at
$1,888/month
with $5,000 down payment
Home price: $199,900
430 Mcnabb St
3 beds · 1 bath
Starting at
$4,456/month
with $9,798 down payment
Home price: $489,900
3810 Queen St E
3 beds · 3 baths
Starting at
$4,539/month
with $9,980 down payment
Home price: $499,000
241 Carlbert St
4 beds · 2 baths
Starting at
$3,547/month
with $7,798 down payment
Home price: $389,900
48 Chambers Ave
3 beds · 2 baths
Starting at
$3,001/month
with $6,598 down payment
Home price: $329,900
248 Fourth Lin E
3 beds · 1 bath
Starting at
$1,888/month
with $5,000 down payment
Home price: $199,900
254 John St
5 beds · 1 bath
Starting at
$3,001/month
with $6,598 down payment
Home price: $329,900
52 Riverin Ave
2 beds · 2 baths
Starting at
$5,226/month
with $11,490 down payment
Home price: $574,500
885 Pine St
3 beds · 3 baths
Starting at
$4,547/month
with $9,998 down payment
Home price: $499,900
38 Country Club Pl
3 beds · 2 baths
Starting at
$3,539/month
with $7,780 down payment
Home price: $389,000
18 Rosedale Pl
3 beds · 1 bath
Home price
$359,900
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$3,274 / month
Rent $2,895
Savings $379
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$2,885 / month
Rent $2,806
Savings $79
Initial deposit 5%
Savings target Fixed at 5%
Similar Homes
Starting at
$899/month
with $5,000 down payment
Home price: $109,900
347 Alexandra St
3 beds · 1 bath
Starting at
$1,095/month
with $5,000 down payment
Home price: $129,900
136 Biggings Ave
3 beds · 2 baths
Starting at
$1,095/month
with $5,000 down payment
Home price: $129,900
133 Trelawne Ave
3 beds · 1 bath
Starting at
$1,189/month
with $5,000 down payment
Home price: $139,500
39 Grosvenor Ave
3 beds · 1 bath
Starting at
$1,474/month
with $5,000 down payment
Home price: $159,900
184 Elgin St
3 beds · 2 baths
Starting at
$1,625/month
with $5,000 down payment
Home price: $174,500
22 Blucher St
3 beds · 2 baths
Starting at
$1,671/month
with $5,000 down payment
Home price: $179,000
16 Hawthorne Ave
3 beds · 1 bath
Starting at
$1,713/month
with $5,000 down payment
Home price: $183,000
97 St Georges Ave E
3 beds · 2 baths
Starting at
$1,827/month
with $5,000 down payment
Home price: $194,000
329 Farwell Ter
3 beds · 1 bath
Starting at
$1,836/month
with $5,000 down payment
Home price: $194,900
229 Huron St
3 beds · 2 baths
Starting at
$1,888/month
with $5,000 down payment
Home price: $199,900
430 Mcnabb St
3 beds · 1 bath
Starting at
$1,888/month
with $5,000 down payment
Home price: $199,900
282-284 Wellington St W
3 beds · 3 baths
Starting at
$1,848/month
with $5,000 down payment
Home price: $200,000
72 Copernicus Dr
3 beds · 1 bath
Starting at
$2,041/month
with $5,000 down payment
Home price: $219,000
346 Bloor St
3 beds · 2 baths
Starting at
$2,101/month
with $5,000 down payment
Home price: $224,900
396 John St
3 beds · 1 bath
Starting at
$2,152/month
with $5,000 down payment
Home price: $229,900
170 Pim St
3 beds · 2 baths
Starting at
$2,253/month
with $5,000 down payment
Home price: $239,900
314 Northland Rd
3 beds · 2 baths
Starting at
$2,253/month
with $5,000 down payment
Home price: $239,900
398 Morin St
3 beds · 2 baths
Starting at
$2,295/month
with $5,000 down payment
Home price: $244,000
329 First Ave
3 beds · 2 baths
Starting at
$2,355/month
with $5,000 down payment
Home price: $249,900
114 Woodward Ave
3 beds · 1 bath
Recently Listed Homes
Starting at
$1,888/month
with $5,000 down payment
Home price: $199,900
430 Mcnabb St
3 beds · 1 bath
Starting at
$4,456/month
with $9,798 down payment
Home price: $489,900
3810 Queen St E
3 beds · 3 baths
Starting at
$4,539/month
with $9,980 down payment
Home price: $499,000
241 Carlbert St
4 beds · 2 baths
Starting at
$3,547/month
with $7,798 down payment
Home price: $389,900
48 Chambers Ave
3 beds · 2 baths
Starting at
$3,001/month
with $6,598 down payment
Home price: $329,900
248 Fourth Lin E
3 beds · 1 bath
Starting at
$1,888/month
with $5,000 down payment
Home price: $199,900
254 John St
5 beds · 1 bath
Starting at
$3,001/month
with $6,598 down payment
Home price: $329,900
52 Riverin Ave
2 beds · 2 baths
Starting at
$5,226/month
with $11,490 down payment
Home price: $574,500
885 Pine St
3 beds · 3 baths
Starting at
$4,547/month
with $9,998 down payment
Home price: $499,900
38 Country Club Pl
3 beds · 2 baths
Starting at
$3,539/month
with $7,780 down payment
Home price: $389,000
18 Rosedale Pl
3 beds · 1 bath