404 John Street, Sault Ste Marie

$209,000
404 John Street

$209,000

New
15d
DetachedOther

404 John Street, Sault Ste Marie

Total Monthly Obligation $1,411

Beds
4
Baths
2
Park
0
DOM
15d
Score
72
Yield
12.1%
Cash on Cash
24.6%
Cap Rate
9.9%
5Y IRR
35.9%
10Y IRR
32.4%
Property Type-Detached
MLS® Number-X13888634
Beds-4
Bathrooms-2
Lot Size-40 × 125 ft
Listed on site-Oct 8, 2026
Style-Other
Building Type-Detached
Taxes-$2,312 (2025)
Parking-None
Basement-Full
Heating-Forced Air (Gas)
Brokerage-Remax Sault Ste. Marie Realty Inc.
Cooling-Other
Fireplace-No
Pool-None
Facing-East
Exterior-Unknown
Roof-Other
Foundation-Other
Sewer-Sewer
Neighbourhood-Ward 4
Title-Residential Freehold

No agent assigned

Welcome to 404 John Street – a beautifully updated 1.75-storey home featuring 4 bedrooms, 2 bathrooms, and a central location close to various amenities. This move-in-ready property has been fully renovated and offers bright, spacious living areas, along with a full basement providing endless potential for future development. Enjoy the efficiency of forced-air natural gas heating, a rear deck perfect for outdoor relaxation and entertaining, and the added convenience of a single-car garage. Don't miss your chance to own this beautifully updated home. Available for immediate occupancy. Book your viewing today!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$167,200
Land Transfer Taxes$1,815
Legal Fees (Est.)
$
Total cash required for closing$45,115

Total Monthly Obligation

$1,411/mo
Mortgage $843
Monthly Loss $1,189
Principal$222
Interest$621
Property Tax$193
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
7.6%69
Cash-on-Cash
12.8%67
5-Year IRR
26.5%99
10-Year IRR
24.5%
Returns Index
80.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeA
72/ 100
Good•Buy

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$25,200/yr
NOI
$15,868/yr
Net Cash Flow
$479/mo
Cash Margin
22.8%83
Cash Flow Index
82.7/ 100
Risk Profile
Weight: 20%
DSCR
1.5778
LTV Ratio
80.0%18
Vacancy Buffer
6.6 mo95
Risk Index
63.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 404 John Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.