110-112 East Balfour ST, Sault Ste. Marie, Ontario, P6C1X5

Property Description

Sound turnkey investment opportunities you don't want to miss! This purpose-built duplex-style income property is currently configured and rented as four self-contained residential 2-bedroom units with strong tenants already in place, delivering immediate and reliable cash flow. Ideally located in the desirable West End of the city, just steps from HM Robbins Elementary School, this property was thoughtfully designed with both quality and tenant comfort in mind. Each well-appointed unit offers bright open-concept living, in-unit laundry, and spacious layouts, with the main-floor suites designed to be wheelchair accessible to maximize long-term rental appeal. The property is highly efficient, featuring four separate power meters so tenants pay their own electricity, helping reduce operating costs. Heating is provided by an updated 2022 Navien combi boiler gas hot water heating system. The main-floor units include attached garages and patio doors leading to private backyard spaces, while the upper suites feature balconies accessed through patio doors off the living rooms, providing excellent outdoor living options. Professionally maintained and exceptionally functional, the building also includes air exchangers, separate utility rooms with exterior access, and quality construction throughout. This property represents the ideal blend of stability, quality, and long-term upside potential and outstanding addition to any real estate portfolio for investors seeking dependable income and future appreciation.

Quick Facts

• Property Type: Multi-Family
• Bedrooms:
• Bathrooms:
• Living Area: 3,908 sq ft (363.1 m²)
• Year Built: 1996
• Attached: Yes
• Frontage: 60 ft (18.3 m)
• Amenities: Bus Route

Costs

• Annual Taxes: $7,874.29