70 East St Sault Ste Marie, Ontario P6A 6M1
$18,995,000
Fantastic Investment Opportunity To Acquire This Well Maintained 128 Suite High Rise Apartment Building. This Purpose-Built 128 Suite Property Contains Primarily One Bedroom Units Plus A Single Two Bedroom Apartments. Situated Close To The St. Mary's River In Sault Ste Marie And Close To The U.S./Canada Border. The Current Ontario Housing Program Is In Place For 97 Of The 128 Units And Many Capital Improvements Have Been Made To This Turn Key Building Conveniently Located Close To All Amenities, Schools, Parks, Shopping, Recreational Center & Public Transit. Many Units Rented To Long Term Aaa Tenants, ***Assumable 1st Mortgage Approximately 9.8Mil @2.97% Interest, Maturing June,2027 & 2nd Mortgage By Seller Available With 30% Down.*** (id:39567)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X6027909 |
| Property Type | Multi-family |
| Neigbourhood | Downtown Sault Ste Marie |
| Amenities Near By | Public Transit |
| Features | Elevator |
Building
| Heating Type | Baseboard Heaters |
| Size Interior | 40450.74 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Irregular | 263.35 Ft |
| Size Total Text | 263.35 Ft |
https://www.realtor.ca/real-estate/25471627/70-east-st-sault-ste-marie
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April 28 2023 07:02:20
Toronto Real Estate Board
Homelife/future Realty Inc.