Corner-Lot Bungalow with Two Driveways in Sault Ste. Marie

Property details for 432 Wallace Ter, Sault Ste Marie

Type: Residential
Style: Bungalow
Bedrooms: 2
Bathrooms: 1
Living Area: 1,200 square feet
Basement: Partially finished, Full
Parking: Detached Garage, Garage, Gravel
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Aluminum siding
Annual Taxes: $2,200

This 1,200 sq ft west-end bungalow sits on an 80-ft corner lot with not one but two gravel driveways, plus a detached garage. You get plenty of parking for toys or guests. The main floor has 2 bedrooms, a full bath with an updated shower, a large eat-in kitchen (17.6x12.0), and a living room that's 9.6x19.2. Both bedrooms are generous, especially the primary at 11.9x19.3. Built with aluminum siding and architectural shingles, it's got forced air gas heat and central A/C to keep things comfy year-round. The full basement has a huge laundry room (25.3x16.7), a rec area, a bonus room you can finish off, and a storage room. You can grab a coffee at Tim Hortons (0.9 km), dinner at Aurora's Westside (0.8 km), or hit Station Mall (2.9 km) for shopping. Schools include Korah Collegiate (1.7 km). Listed at $194,900, it's below the nearby median of $184,900, and with taxes around $2,200, it's a sweet deal for first-timers or investors. A couple of things to note: the second bedroom is a bit narrow at 7.4 ft, and there's no dishwasher. But with 10 active listings nearby and 4 sold in the last 30 days, the market's moving. Just don't expect a modern interior; this one's got character.

About 432 Wallace Ter, Sault Ste Marie — Property Score

Well Priced Great Location

Score: 67/100

Value

Priced 29.1% below area median of $274,900 based on 55 comparable properties nearby 100

$162/sqft - 35.7% below the $252/sqft area median 100

Stable pricing - no price changes since original listing date 50

Size

1,200 sqft - 8% more space than similarly priced homes (1,112 sqft median) 66

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

1 bathroom - typical for similarly priced properties 60

Location

$49K median household income - below the Canadian average of $70K 54

77% of residents hold postsecondary credentials - a highly educated neighbourhood 85

51% homeownership rate - a balanced mix of owners and renters 66

94% of residents commute under 30 minutes - excellent commuter accessibility 100

2,788/km² population density - a well-balanced suburban area 98

Market

Just listed - area average is 36 days on market 100

+0.7% median price change over 1 month - stable pricing in the area 54

37.3 months of housing supply - 149 active listings with 4 sold last month (buyer's market) 40

Features

Partially finished, Full basement - potential for additional finished space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

1.13% effective tax rate ($2,200/yr) - moderate tax burden 66

-52.2% area price change year-over-year - significant price correction in Sault Ste Marie 1

46% renter population - moderate rental market 85

Quality

Condition

Listing

31 photos provided - below the area average of 32 photos 92

4 of 7 key property details provided (57%) - some key property details missing 67

* 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.