Double Lot Bungalow with Loft Garage near Sault Ste. Marie

Property details for 202 Old Goulais Bay Rd, Includes 196 Old Goulais Bay Road, Sault Ste Marie

Type: Residential
Style: Bungalow
Bedrooms: 4
Bathrooms: 2
Living Area: 959 square feet
Lot Size: 0.69
Basement: Finished, Full
Parking: Detached Garage, Garage
Heating: Boiler, Electric, Natural gas
Exterior: Brick
Annual Taxes: $5,028

Built in 1959, this bungalow sits on a 0.69-acre double lot in a quiet subdivision, just 3.6 km from Sault College and Korah Collegiate. You get a fenced backyard, a circular driveway, and a detached 2-car garage with an upper loft-plenty of space for your toys or a workshop. Inside, it's compact at 959 sqft, but the layout maximizes every inch. The main floor has 3 bedrooms and a 4-piece bath, all recently updated. The kitchen has maple cupboards and corner windows that let in lots of light. Downstairs, the full basement is finished with a huge rec room (22.5x12), a massive bedroom (12.5x17) that could be a primary suite, a 3-piece bath, laundry, and utility space. Heat comes from an efficient boiler, with electric backup. The attached vacant lot (196 Old Goulais Bay Rd) is included, giving you extra privacy and development potential. Property taxes run $5,028 annually. With only 6 active listings nearby and a median sold price of $739,900, this $499,900 price tag offers great value for the acreage. You're 2.4 km from Boston Pizza and 3 km from Algoma's Water Tower Inn for dining or drinks. It's a solid, affordable option if you want single-level living with room to expand.

About 202 Old Goulais Bay Rd, Includes 196 Old Goulais Bay Road, Sault Ste Marie — Property Score

Great Location

Score: 54/100

Value

Priced 72.4% above area median of $289,900 based on 47 comparable properties nearby 1

$521/sqft - 91.5% above the $272/sqft area median 1

Stable pricing - no price changes since original listing date 50

Size

959 sqft - 28% less space than similarly priced homes (1,324 sqft median) 38

4 bedrooms - 1 more than similarly priced 3-bedroom homes nearby 72

2 bathrooms - typical for similarly priced properties 60

30,056 sqft lot - an oversized lot for the area 90

Location

$68K median household income - near the Canadian average of $70K 64

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

82% homeownership rate - indicating a stable, owner-occupied community 87

82% of residents commute under 30 minutes - excellent commuter accessibility 95

1,097/km² population density - a well-balanced suburban area 81

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

Finished, Full basement - adds valuable living space 85

Boiler, Electric, Natural gas 50

No cooling system listed - common in cooler climate areas 30

Built in 1959 (67 years old) - established home with character, older than the area average (1965) 35

No premium extras like pool, waterfront, or view 50

Investment

1.01% effective tax rate ($5,028/yr) - moderate tax burden 70

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

15% renter population - primarily owner-occupied area 48

Quality

Condition

Listing

43 photos provided - 34% more than the area average of 32 photos 92

5 of 7 key property details provided (71%) - good detail coverage 76

* 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.