Heated 30x40 Garage with Loft Space in Sault Ste. Marie East End

Property details for 324 River Rd, Sault Ste Marie

Type: Residential
Bedrooms: 2
Bathrooms: 1
Living Area: 900 square feet
Stories: 1.5
Basement: Crawl space
Parking: Detached Garage, Garage, Gravel
Heating: Forced air, Natural gas
Exterior: Siding
Annual Taxes: $3,514

Right across from the St. Marys River in Sault Ste. Marie's east end. It's a 1.5-storey house with 900 square feet, two bedrooms, and one bathroom. The main level has a 12x10 living room, a 12x7 kitchen, and a 10x9 bedroom. Upstairs, there's a 9x10 bedroom. Forced-air natural gas heating keeps it warm. But the real draw is the detached garage. It's 30 by 40 feet, fully heated and insulated, and it comes with its own 200-amp service. Ceilings are over 12 feet high, and there's a 12x16 commercial door. Stairs lead to an unfinished upper level ready for a suite or workspace. The lot is 46 feet wide with a crushed stone driveway. Taxes run $3,514 a year. You're about 4 km from Algoma University and 6 km from shops and restaurants like North 82. Listed at $339,000.

About 324 River Rd, Sault Ste Marie — Property Score

Prime Location

Score: 51/100

Value

Priced 41.3% above area median of $239,900 based on 29 comparable properties nearby 8

$377/sqft - 40.7% above the $268/sqft area median 9

Stable pricing - no price changes since original listing date 50

Size

900 sqft - 20% less space than similarly priced homes (1,119 sqft median) 44

2 bedrooms - 1 fewer than similarly priced 3-bedroom homes nearby 48

1 bathroom - 1 fewer than similarly priced properties nearby 48

Location

$95K median household income - above the Canadian average of $70K 78

87% of residents hold postsecondary credentials - a highly educated neighbourhood 94

97% homeownership rate - indicating a stable, owner-occupied community 98

97% of residents commute under 30 minutes - excellent commuter accessibility 100

1,624/km² population density - a well-balanced suburban area 86

Market

Just listed - area average is 14 days on market 88

-67.3% median price change over 1 month - declining prices in the area 1

45.5 months of housing supply - 91 active listings with 2 sold last month (buyer's market) 40

Features

Crawl space basement 50

efficient gas forced air heating 80

No cooling system listed - common in cooler climate areas 30

No premium extras like pool, waterfront, or view 50

Investment

1.04% effective tax rate ($3,514/yr) - moderate tax burden 69

-9.6% area price change year-over-year - significant price correction in Sault Ste Marie 2

Quality

Condition

Listing

11 photos provided - below the area average of 29 photos 75

3 of 7 key property details provided (43%) - some key property details missing 58

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.