1135 Second LIN E

Sault Ste. Marie · MLS® SM262467

8 sq ft lot · Land · Vacant Land · 46 days on market

listed by Jake Reid, Royal LePage® Northern Advantage

realtor's description

Just over 8 acres of prime vacant commercial/industrial property with excellent exposure on the corner of Second Line East and Black Road. M1 zoning suitable for many permitted uses. Seller willing to sever portions off if buyer is interested.

property details

type: Land, Vacant Land
lot: 8 sq ft
parking: 0
property tax: $15,600 / yr
days on market: 46
MLS®: SM262467

monthly cost

$11,125/mo

Mortgage $9,825 · Tax $1,300

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$9,825/ monthly

loan $1,804,000

25-year amortization

down payment20% · $451,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,143,446
cash to close: $451,000; down payment; transfer tax and fees not included
total paid: $2,947,446

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.