For Sale: 114-116 Balfour Street East, Sault Ste. Marie, ON - REW
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$769,900
0 bd • ba • 3908 sf • Multifamily
114-116 Balfour Street East
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$769,900
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114-116 East Balfour StSault Ste. Marie, ON, P6C 1X5

  • 0 Bed
  • Bath
  • 3908 Sqft
  • Multifamily

About this home

Turn key investment opportunities like this are rare. This purpose-built duplex-style income property is currently configured and rented as four self-contained residential 2-bedroom units with strong tenants already in place One unit is currently vacant, presenting an excellent opportunity for the new owner to set market rents and maximize returns, or comfortably occupy one suite while the remaining units help offset the mortgage. Ideally located in the desirable West End, just steps from HM Robbins Elementary School, this property combines quality construction with an exceptional location. Thoughtfully designed with quality and tenant comfort in mind, each spacious unit features bright open-concept living, in-unit laundry, and functional layouts, with wheelchair-accessible main-floor suites enhancing long-term rental appeal. The main-floor units feature attached garages and patio doors leading to private backyard spaces, while the upper suites offer patio doors opening to elevated balconies, creating desirable outdoor living areas for every tenant. Professionally maintained throughout, the property includes updated (2022) Navien gas combi boilers, air exchangers, separate utility rooms with exterior access, and separate power meters so tenants pay their own electricity, contributing to excellent operating efficiency. This is a rare opportunity to acquire a well-built, income-generating asset offering stability, efficiency, and strong upside potential. An outstanding addition to any investment portfolio for buyers seeking dependable cash flow and long-term appreciation. (id:63626)
Listed by: Carlo Gervasi, Salesperson, Century 21 Choice Realty Inc.

Home facts and features

Price details
List Price
$769,900
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Gross Taxes for 2026
$8,530
Home facts
Bedrooms
0
Full Bathrooms
Parking Details
Gravel
Property Type
Multifamily
Depth
Frontage
60.0
Year Built
Built in 1997 (29 yrs old)
Exterior Finish
Siding
Heating Type
Radiant/Infra-red Heat
Cooling
Air exchanger
Features
Balcony
Agent details
Primary Agent
Carlo Gervasi
Primary Broker
Century 21 Choice Realty Inc.
Listing details
Days on REW
39 Days
MLS® Number
SM261039
Source
Canadian Real Estate Association
Board
Sault Ste. Marie Real Estate Board
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25 Years
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3.99%

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Property Insights

Notre-Dame-du-Sault School
  • Catholic
  • JK - 12
Superior Heights Collegiate
  • Public
  • 7 - 12
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      Call Agent
      Salesperson
      Carlo Gervasi
      Phone:
      (705) 256-0083
      Office:
      705-942-2100
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