229 Upton RD

Sault Ste. Marie · MLS® SM262440

5,000 sq ft · House · Multi-family · 46 days on market

listed by John Glavota, Royal LePage® Northern Advantage

realtor's description

Attention Investors! Welcome to 229 Upton Rd. This well-positioned two-storey 11-plex features two separate entrances and an excellent mix of units, including six three-bedroom units, four two-bedroom units, and one studio. The building is heated by a boiler system, and each unit has its own separate hydro meter for tenant convenience. Additional features include a 14-car lined parking lot and 11 storage lockers. Conveniently located just minutes from Algoma University, Sault College, recreational facilities, and Cambrian Mall, this property offers a great opportunity to add a substantial multi-unit building to your investment portfolio. Don’t miss out on this excellent investment opportunity—book your viewing today!

property details

type: House, Multi-family
living area: 5,000 sq ft
parking: 0
property tax: $14,105 / yr
days on market: 46
MLS®: SM262440

features

Bus Route

monthly cost

$8,800/mo

Mortgage $7,624 · Tax $1,175

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

estimated payment

$7,624/ monthly

loan $1,399,920

25-year amortization

down payment20% · $349,98020%+ 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: $887,324
cash to close: $349,980; down payment; transfer tax and fees not included
total paid: $2,287,244

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