70 East St Sault Ste Marie, Ontario P6A 6M1
$17,495,000
Fantastic Investment Opportunity To Acquire This Well Maintained 128 Suite High Rise Apartment Building. This Purpose-Built 128 Suite Property Contains Primarily One Bedroom Units Plus A Single Two Bedroom Apartments. Situated Close To The St. Mary's River In Sault Ste Marie And Close To The U.S./Canada Border. The Current Ontario Housing Program Is In Place For 97 Of The 128 Units And Many Capital Improvements Have Been Made To This Turn Key Building Conveniently Located Close To All Amenities, Schools, Parks, Shopping, Recreational Center & Public Transit. Many Units Rented To Long Term AAA Tenants, ***Assumable 1st Mortgage Approximately 9.8Mil @2.97% Interest, Maturing June,2027 & 2nd Mortgage Available By Seller @ 3% Interest Rate With 25% Down Payment.**** EXTRAS **** 128 Fridges, 128 Stoves, 5 Washers, 5 Dryers (id:50886)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X7014270 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit |
| Features | Elevator |
Building
| Heating Type | Baseboard Heaters |
| Size Interior | 40450.74 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Irregular | 263.35 Ft |
| Size Total Text | 263.35 Ft |
https://www.realtor.ca/real-estate/26077513/70-east-st-sault-ste-marie
Interested?
Contact us for more information
Rajah Masillamany
Salesperson
7 Eastvale Drive Unit 205
Markham, Ontario L3S 4N8
(905) 201-9977
(905) 201-9229
Cyril Rajakumar
Salesperson
7 Eastvale Drive Unit 205
Markham, Ontario L3S 4N8
(905) 201-9977
(905) 201-9229
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September 20 2023 12:30:19
Toronto Real Estate Board
Homelife/future Realty Inc.