188 Church ST, SAULT STE. MARIE

2026-05-28
 

Quick Summary

Location
188 Church ST, SAULT STE. MARIE, Ontario P6A3H5
Price
$369,900 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
2750 sqft
Year of Construction:
1904

MLS®#SM261200

Property Description

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:32467)

Property Features

Building

  • Basement Type: Full
  • Exterior Finish: Brick, Steel
  • Fireplace: No
  • Interior Size: 2750 sqft
  • Building Type: Multi-Family
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: under 1/2 acre
  • Sewer: Municipal sewage system

Storage Type

  • Storage Type: Storage Shed

Information entered by Century 21 Choice Realty Inc.
Listing information last updated on: 2026-06-03 13:50:04


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

One Percent Realty's top FAQs

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What is the deal exactly, with One Percent ?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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