For Sale: 188 Church Street, Sault Ste. Marie, ON - REW
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$369,900
0 bd • ba • 2750 sf • Multifamily
188 Church Street
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$369,900
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188 Church StSault Ste. Marie, ON, P6A 3H5

  • 0 Bed
  • Bath
  • 2750 Sqft
  • Multifamily

About this home

188 Church St – Turnkey 5-Plex | 13.1% Cap Rate Excellent opportunity to add a cash-flowing 5-unit investment property to your portfolio. Featuring a strong unit mix of three 1-bedroom units and two 2-bedroom units, this property offers steady rental demand and stable tenancy appeal. Efficient natural gas boiler heat helps maintain predictable operating costs, while the newer detached double garage provides additional income potential through storage or parking rentals. Generating $62,580 gross annual income with a 13.1% cap rate, this is an attractive opportunity for investors seeking strong returns and long-term performance. (id:63626)
Listed by: Ryan Dodd, Salesperson, Century 21 Choice Realty Inc.

Home facts and features

Price details
List Price
$369,900
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Gross Taxes for 2026
$5,994
Home facts
Bedrooms
0
Full Bathrooms
Parking Details
Gravel, Detached Garage
Property Type
Multifamily
Depth
Frontage
70.0
Year Built
Built in 1904 (122 yrs old)
Exterior Finish
Steel, Brick
Heating Type
Radiant/Infra-red Heat, Boiler
Basement Details
Full
Agent details
Primary Agent
Ryan Dodd
Primary Broker
Century 21 Choice Realty Inc.
Listing details
Days on REW
18 Days
Property Views
68
MLS® Number
SM261200
Source
Canadian Real Estate Association
Board
Sault Ste. Marie Real Estate Board
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Notre-Dame-du-Sault School
  • Catholic
  • JK - 12
Superior Heights Collegiate
  • Public
  • 7 - 12
St.Theresa Catholic School
  • Catholic
  • JK - 8
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      Call Agent
      Salesperson
      Ryan Dodd
      Phone:
      (705) 989-5311
      Office:
      705-942-2100
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      By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.