344 Wellington ST E

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$349,900

344 Wellington ST E

Sault Ste. Marie · MLS® SM262086

1,550 sq ft · House · Multi-family · built 1931 · 79 days on market

listed by John Glavota, Royal LePage® Northern Advantage

realtor's description

Completely updated duplex in a convenient downtown location, offering an exceptional investment opportunity or the perfect owner-occupied property. This turnkey property features two spacious 3-bedroom units, both currently vacant, giving you the flexibility to set your own market rents or move into one unit while generating income from the other. Each unit includes its own laundry area and appliances, as well as separate meters, making utility management simple and appealing for both owners and tenants. Separate parking for each unit enhances privacy and functionality. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit and renting the other, this property offers outstanding potential. Don't miss this fantastic opportunity—book your private viewing today!

property details

type: House, Multi-family
living area: 1,550 sq ft
parking: 0
year built: 1931
property tax: $2,262 / yr
days on market: 79
MLS®: SM262086

features

Corner Site
Bus Route

monthly cost

$1,713/mo

Mortgage $1,524 · Tax $188

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

estimated payment

$1,524/ monthly

loan $279,920

25-year amortization

down payment20% · $69,98020%+ 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: $177,424
cash to close: $69,980; down payment; transfer tax and fees not included
total paid: $457,344

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