167 Gore St, Sault Ste Marie
Welcome to Joy Apartments! This extensively rebuilt building offers a rare opportunity to acquire a turnkey mixed-use asset with strong existing cash flow and significant upside potential. The upper levels contain 9 finished residential units generating over $10,000 per month. The residential component provides strong income potential and immediate cash flow. The property features approximately 4,000 sq. ft. of commercial space on the main floor, with electrical rough-ins completed. Approximately 1,000 sq. ft. offers 30 ft ceilings and access through a bay entrance. This space offers flexibility for multiple commercial tenants or a single larger occupant and a variety of uses, including the potential for conversion into additional residential units. The building has undergone a comprehensive reconstruction, including new electrical, plumbing, heating systems, framing, windows, masonry, flooring, bathrooms, lighting, doors, and common areas. All work was completed in accordance with engineering specifications, municipal inspections, and fire safety compliance. With stable residential income already in place and substantial commercial leasing potential, this property presents an excellent opportunity for investors seeking both immediate returns and future growth. Don't miss out—call today to schedule your showing! (id:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property details for 167 Gore St, Sault Ste Marie
- Type
- Multi-family
- Living Area
- 5,452 square feet
- Stories
- 2
- Basement
- Full
- Heating
- Baseboard heaters
- Exterior
- Brick
- Annual Taxes
- $7,545
Nearby Listings Stat
Estimated price and comparable properties near 167 Gore St
Active Listings
144
Min Price
$500
Max Price
$6,499,900
Avg Price
$388,209
Days on Market
52
days
Sold Listings
52
Min Sold Price
$82,000
Max Sold Price
$9,550,000
Avg Sold Price
$507,256
Days until Sold
60
days
Neighbourhood Census Data
Sault Ste. Marie, Ontario
Population
379
Median Age
42.3
Median Income
$21,355
Dwelling Value
$80,368
Housing Tenure
Owners 39%
Renters 62%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.8
Pop. Density: 3,318.7/km²
Avg Shelter Cost: $732/mo
Owners with Mortgage: 60%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 54.2%
English only: 92.1%
English and French: 7.9%
Median Household Income: $32,288
Median Employment Income: $21,824
Price History
Listed
June 18, 2026
by Century 21 Choice Realty Inc.
Current Price
$929,000
-7.1% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $929,000 | $71,000 (-7.1%) |
| Aug 4, 2026 | $1,000,000 | Listed |
