Property
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+46 more
$1,600,000

Address unavailable

Sault Ste. Marie, Ontario, P6A3T6

Active
8,000
Sq Ft

About This Property

This other in Sault Ste. Marie offers 8,000 sq ft of living space. The home features boiler, natural gas, other heating, a full basement.

MLS Remarks

Presenting a remarkable investment opportunity, Grossing $185,000 annually. This profitable property and business has been successfully operated as a short-term rental/Airbnb, showcasing a rich history, exceptional quality, and luxurious finishes. Demonstrating true pride of ownership, this stately and timeless building was originally a single-family residence before being thoughtfully converted into eight self-sufficient units. Each beautifully furnished unit is designed to provide comfort and style, attracting a diverse clientele with a waiting list of guests. This property boasts excellent cash flow and a strong return on investment. - **Unit Composition**: 3 two-bedroom units and 5 one-bedroom units - **Amenities**: Soaring ceilings, exquisite maple hardwood floors, and convenient on-site laundry facilities, walking distance to the River and Park Land Includes:- Property - Equipment on the Property - Website - Social media accounts - Airbnb listings - Google Business profile - ...etc This rare find combines the charm of historical architecture with the modern amenities required for a successful short-term rental business. Don’t miss the opportunity to acquire this exceptional property that promises both financial rewards and a legacy of quality. (id:60351)

Overview

Property Typeresidential
Sub-Typeother
StatusActive
MLS #SM252621

Interior

HeatingBoiler, Natural gas, Other
BasementFull

Exterior

Exterior FeaturesBrick

Fees & Taxes

Annual Taxes$9,268.64

Listing Information

MLS#: SM252621


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$320,000
5%20%50%
Estimated Monthly Payment
$7,115
/month
Mortgage
$1,280,000
Total Interest
$854,397

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$28,475
Total Due on Closing$28,475

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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