55 Cathcart St, Sault Ste Marie

55 Cathcart St, Sault Ste Marie, ON P6A1C9 Photo 1

35 Photos

55 Cathcart St, Sault Ste Marie, ON P6A1C9 Photo 2
55 Cathcart St, Sault Ste Marie, ON P6A1C9 Photo 3
55 Cathcart St, Sault Ste Marie, ON P6A1C9 Photo 4
55 Cathcart St, Sault Ste Marie, ON P6A1C9 Photo 5
55 Cathcart St, Sault Ste Marie, ON P6A1C9 Photo 6
55 Cathcart St, Sault Ste Marie, ON P6A1C9 Photo 7
  • Living area: 1300 sqft
  • MLS®: sm240313
  • Type: Townhouse
  • Added: 78 days ago

Property Details

Great Investment property with opportunity to gross over $4000 monthly, this legal duplex is currently tenanted with Algoma University students grossing over $3500 in rents. Students are on leases. 55 Cathcart has been fully renovated from top to bottom, inside and out!. Leaving you nothing to do, but collect rent. Each unit has their own fridge, stove, washer and dryer, new in 2023. Windows, roof and siding replaced in 2022. In both units the Kitchen and bathrooms have also seen beautiful upgrades. Main floor unit is a one bedroom with a large living room with space for a second bedroom. Unit two is a three bedroom. Bus stop is within a two minute walking distance from front door. Back yard is newly fenced for privacy. This is an amazing opportunity to add an investment property to your portfolio . (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Heating: Baseboard heaters
  • Stories: 2
  • Basement: Full
  • Utilities: Electricity, Telephone
  • Year Built: 1905
  • Living Area: 1300
  • Photos Count: 35
  • Water Source: Municipal water
  • Parcel Number: 315760078
  • Structure Type: Duplex
  • Parking Features: Gravel
  • Tax Annual Amount: 1186.98
  • Exterior Features: Vinyl
  • Community Features: Bus Route
  • Foundation Details: Block
  • Lot Size Dimensions: 30.0x84.0
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Nearby Places

Name Type Address Distance
OLG Casino Sault Ste. Marie Marie (formerly Casino Sault Ste... 0.3 km
St. Mary's Paper Marys Paper Ltd... 0.8 km
Sault Ste. Marie Walk of Fame Marie Walk of Fame is a series of sidewalk markers... 0.8 km
Whitefish Island Marys River, just south of Sault Ste... 0.8 km
Sault Memorial Gardens Marie, Ontario, for 57 years from 1949 to 2006... 0.8 km
Essar Centre Marie, Ontario... 0.8 km
Essar Centre Stadium 269 Queen St E 0.8 km
Station Mall Shopping mall 293 Bay St 0.8 km
Sault Ste. Marie railway station The Algoma Central Railway is a subsidiary of Cana... 0.9 km
Sault Ste. Marie Canal Establishment 1 Canal Dr 0.9 km
Station Mall Marie, Ontario, Canada, is the second largest shop... 0.9 km
Sault Ste. Marie Canal Marie Canal is a National Historic Site of Canada ... 1.1 km
Similar Townhouses Stat in Sault Ste Marie
We have found 6 Townhomes that closely match the specifications of the property located at 55 Cathcart St with distances ranging from 2 to 3 kilometers away. The prices for these similar properties vary between 229,900 and 399,999, providing a good range for comparison. Moreover, we have also discovered that there are a few open Townhomes in the P6A1C9 postal code area of Sault Ste Marie Ontario Canada.
55 Cathcart St mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 55 Cathcart St. The current price of the property is $299,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $239,920. This would result in a monthly mortgage payment of $1,402 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 10
University / Above bachelor level 10
Certificate of Qualification 10
College 65
University degree at bachelor level or above 30

Neighbourhood Marital Status Stat

Married 60
Widowed 25
Divorced 35
Separated 25
Never married 145
Living common law 50
Married or living common law 110
Not married and not living common law 225

Neighbourhood Construction Date

1961 to 1980 10
1981 to 1990 10
2001 to 2005 10
1960 or before 170
Comparison of 55 Cathcart St, Sault Ste Marie, ON with Nearby Townhouses
Popular Cities Listings Avg. price
Wasaga Beach Homes for Sale 359 $860.761
Barrie Homes for Sale 980 $1.027.891
Innisfil Homes for Sale 340 $1.448.487
Waterloo Homes for Sale 455 $852.952
Kitchener Homes for Sale 769 $957.153
Guelph Homes for Sale 417 $932.768
Caledon Homes for Sale 309 $2.393.762
London Homes for Sale 1905 $921.288
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