$ 599.900

101 103 Forest Ave, Sault Ste Marie

  • Living area: 2250 square feet
  • Type: Townhouse
  • Added: 28 days ago
  • Updated: 10 days ago
  • Last Checked: 15 hours ago
Discover this exceptional all-brick Triplex nestled in a highly sought-after central location, perfect for those looking to enhance their investment portfolio. This very well-maintained property boasts three well-appointed units, ensuring a steady stream of rental income. Unit 101 is an impressive two-level residence featuring 4 bedrooms (3+1) and 2 bathrooms (1+1), complete with separate laundry facilities for added convenience. This spacious layout is ideal for families or group living, maximizing rental potential. Unit 103 offers two additional rental opportunities with a 3-bedroom unit and a cozy 1-bedroom unit, catering to a variety of tenant needs. Additionally, there's promising potential to expand the property by adding a fourth unit in the basement on the 101 Forest Avenue side. Other features include Separate hydro and water meters for each unit which is the tenants responsibility, owner pays heat, fenced-in, private backyard for tenant enjoyment, enhancing the appeal of the property, 2 efficient forced air natural gas heating systems, separate laundry facilities in all units, a desirable feature for renters. This Triplex has been consistently well-maintained, showcasing a solid investment return and promising future growth. Don’t miss out on this lucrative opportunity! Book your viewing today!! (id:1945)
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Property DetailsKey information about 101 103 Forest Ave

  • Heating: Forced air
  • Stories: 1
  • Year Built: 1959
  • Structure Type: Multi-Family
  • Exterior Features: Brick
  • Foundation Details: Concrete Perimeter

Interior FeaturesDiscover the interior design and amenities

  • Basement: Full
  • Living Area: 2250

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 101 103 Forest Ave

  • Water Source: Municipal water
  • Parking Features: Gravel
  • Lot Size Dimensions: 75 x 100

Location & CommunityUnderstand the neighborhood and community

  • Community Features: Bus Route

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system
  • Utilities: Natural Gas, Electricity, Cable, Telephone

Tax & Legal InformationGet tax and legal details applicable to 101 103 Forest Ave

  • Parcel Number: 315370251
  • Tax Annual Amount: 4615.92
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Nearby Listings Stat

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Min Price
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Days until Sold
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Nearby Places

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Address
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Huron-Superior Catholic District School Board
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Additional Information about 101 103 Forest Ave

This Townhouse at 101 103 Forest Ave Sault Ste Marie, ON with MLS Number sm242796 listed by John Glavota - Royal LePage® Northern Advantage on Sault Ste Marie market 28 days ago at $599,900

We have found 3 Townhomes that closely match the specifications of the property located at 101 103 Forest Ave with distances ranging from 2 to 2 kilometers away. The prices for these similar properties vary between 374,900 and 669,900.

The current price of the property is $599,900, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 15% down payment, the total amount borrowed would be $509,915. This would result in a monthly mortgage payment of $2,805 over a 25-year amortization period.

More Details?
John Glavota
  • John Glavota
  • Royal LePage® Northern Advantage
  • 705-975-2975
  • WebSite