254 Wallace Terrace, Sault Ste Marie

$309,900
254 Wallace Terrace

$309,900

New
3d
Multiplex

254 Wallace Terrace, Sault Ste Marie

Total Monthly Obligation $2,442

Beds
0
Baths
0
Park
10
Sqft
5000 +
DOM
3d
Property Type-Multiplex
MLS® Number-X14098452
Beds-0
Size-5000 + sqft
Lot Size-42 × 126.5 ft
Listed on site-Oct 20, 2026
Building Type-Multiplex
Taxes-$9,804.27 (2026)
Parking-None
Basement-Full
Heating-Other (Electric)
Brokerage-Century 21 Choice Realty Inc.
Cooling-Other
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding, Brick
Roof-Shingles, Asphalt Rolled
Foundation-Poured Concrete
Sewer-Sewer
Neighbourhood-Ward 4
Title-Residential Freehold

No agent assigned

4-Plex with attached 20x24 wired & insulated garage (vacant), 2 - 3 bedroom units (1 rented 1 Vacant) Excellent opportunity for an Owner occupied unit or set your own rental rate. 1 - 4 bedroom plus Den & 1 - 2 bedroom. Separate meters, on demand boiler for 2 main floor units and 4 bed plus den high efficiency furnace. Parking lot across the street is included & measures 36.62ftx121.66ft with additional oversized storage shed, full basement for storage, security system, includes cameras & hard drive system. 4 Fridges & 4 Stoves included. (as is condition) 24 Hr. Notice for showings. Property taxes $9804.27 / 2026 year. (Sold as is where is no representation or warranty offered from the Sellers). 48Hr irrevocable for offer review. New Boiler 2026.

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Closing Costs

Mortgage Amount
$247,920
Land Transfer Taxes$3,124
Legal Fees (Est.)
$
Total cash required for closing$66,604

Total Monthly Obligation

$2,442/mo
Mortgage $1,250
Monthly Loss $2,113
Principal$329
Interest$921
Property Tax$817
Home Insurance$125
Variable Costs$250

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

Comparables

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