1580 Wellington Street East, Sault Ste Marie
Brick Triplex with Excellent Income Potential! Opportunity knocks with this spacious brick triplex, ideally suited for an investor or owner-occupier looking to build equity while generating rental income. The main-level 3-bedroom unit will be vacant November 1st, while the 1-bedroom unit is currently owner-occupied and will be vacant upon possession, giving the new owner the flexibility to occupy one of the units, renovate, or establish their own market rents. The main-level unit features 3 bedrooms, in-suite laundry hook-ups, and direct access to a deck and fenced backyard. The second level offers a 1-bedroom unit, while the bright and spacious 2-bedroom lower-level unit, fully renovated in 2014, is currently tenanted and includes its own laundry. All three units have separate hydro, baseboard heat, and hot water tanks, making this a practical setup for ownership and rental management. The property also offers parking for 3+ vehicles, along with the added convenience of an attached garage. With two units becoming available and a tenanted 2-bedroom unit providing ongoing rental income, this property offers excellent flexibility for both investors and owner-occupiers. Live in one unit while generating income from the others, or take advantage of the opportunity to set your own market rents. Contact your preferred Realtor®?today to book your private showing! (id:1945)
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Property details for 1580 Wellington Street East, Sault Ste Marie
- Type
- Multi-family
- Living Area
- 1,727 square feet
- Stories
- 2
- Basement
- Full
- Parking
- Gravel
- Heating
- Baseboard heaters
- Exterior
- Brick
- Annual Taxes
- $5,160
Nearby Listings Stat
Estimated price and comparable properties near 1580 Wellington Street East
Active Listings
99
Min Price
$500
Max Price
$6,499,900
Avg Price
$492,606
Days on Market
44
days
Sold Listings
41
Min Sold Price
$184,900
Max Sold Price
$9,550,000
Avg Sold Price
$603,707
Days until Sold
44
days
Neighbourhood Census Data
Sault Ste. Marie, Ontario
Population
337
Median Age
54.7
Median Income
$37,888
Dwelling Value
$210,619
Housing Tenure
Owners 76%
Renters 27%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 2,198.3/km²
Avg Shelter Cost: $842/mo
Owners with Mortgage: 28%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 77.8%
English only: 91%
English and French: 9%
Median Household Income: $75,520
Median Employment Income: $26,816
Price History
Listed
September 17, 2026
by Exit Realty True North
Current Price
$629,900
Type
Multi-family
For Sale
