101-103 Forest AVE, Sault Ste. Marie, Ontario, P6B 1A6

MLS® # SM242796

Investment For Sale In Sault Ste. Marie, Ontario

$599,900

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101-103 Forest Ave, Sault Ste. Marie, ON - Outdoor

101-103 Forest Ave, Sault Ste. Marie, ON - Outdoor With Exterior

101-103 Forest Ave, Sault Ste. Marie, ON - Outdoor With Backyard

101-103 Forest Ave, Sault Ste. Marie, ON - Indoor Photo Showing Other Room

101-103 Forest Ave, Sault Ste. Marie, ON - Indoor Photo Showing Living Room

101-103 Forest Ave, Sault Ste. Marie, ON - Indoor Photo Showing Kitchen

101-103 Forest Ave, Sault Ste. Marie, ON - Indoor Photo Showing Bedroom

101-103 Forest Ave, Sault Ste. Marie, ON - Indoor Photo Showing Bathroom

101-103 Forest Ave, Sault Ste. Marie, ON - Indoor

101-103 Forest Ave, Sault Ste. Marie, ON - Indoor Photo Showing Basement

101-103 Forest Ave, Sault Ste. Marie, ON - Indoor Photo Showing Kitchen With Double Sink

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101-103 Forest AVE, Sault Ste. Marie, Ontario, P6B 1A6

$599,900

Property Information:

Discover this exceptional all-brick Triplex nestled in a highly sought-after central location, perfect for those looking to enhance their investment portfolio. This very well-maintained property boasts three well-appointed units, ensuring a steady stream of rental income. Unit 101 is an impressive two-level residence featuring 4 bedrooms (3+1) and 2 bathrooms (1+1), complete with separate laundry facilities for added convenience. This spacious layout is ideal for families or group living, maximizing rental potential. Unit 103 offers two additional rental opportunities with a 3-bedroom unit and a cozy 1-bedroom unit, catering to a variety of tenant needs. Additionally, there's promising potential to expand the property by adding a fourth unit in the basement on the 101 Forest Avenue side. Other features include Separate hydro and water meters for each unit which is the tenants responsibility, owner pays heat, fenced-in, private backyard for tenant enjoyment, enhancing the appeal of the property, 2 efficient forced air natural gas heating systems, separate laundry facilities in all units, a desirable feature for renters. This Triplex has been consistently well-maintained, showcasing a solid investment return and promising future growth. Don’t miss out on this lucrative opportunity! Book your viewing today!! (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Basement Type: Full
Exterior Finish: Brick
Foundation Type: Concrete Perimeter
Heating Type: Forced air

Property Features:

Property Type: Multi-family
Access Type: Road access
Built in: 1959
Communication Type: High Speed Internet
Community Features: Bus Route
Fence Type: Fenced yard
Irregular: Yes
Lot Frontage: 75
Lot Size: 75 x 100
Utility Type: Hydro - Available, Natural Gas - Available, Cable - Available, Telephone - Available
Sewer: Municipal sewage system
Parking Type: Gravel

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Notes:

John Glavota

Sales Representative Royal LePage Northern Advantage , Brokerage*

Mobile:705.975.2975

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Location of 101-103 Forest AVE, Sault Ste. Marie, Ontario, P6B 1A6

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

39/100

Moderate-Low

ClimateCheck®

Current data

This property, 101-103 Forest AVE , experiences 7 hot days per year at around 29 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 32.4 degrees Celsius.

Projected Avg. Temperature

Past

29℃

2050

32.4℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

62/100

Moderate-High

ClimateCheck®

Current data

This property, 101-103 Forest AVE , experiences 11 significant 2-day storms per year, with about 310mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 397.4mm of precipitation per year.

Precipitation Per Storm

Past

310mm

2050

397.4mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 101-103 Forest AVE, Sault Ste. Marie, Ontario, P6B 1A6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$125,868.90

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.94 %

High school certificate or equivalent

26.68 %

Apprenticeship trade certificate/diploma

4.74 %

College/non-university certificate

25.02 %

University certificate (below bachelor)

3.28 %

University Degree

26.35 %

Commuter

Travel To Work

By Car

79.44 %

By Public Transit

0.0 %

By Walking

8.33 %

By Bicycle

0.0 %

By Other Methods

12.23 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

31.59 %

Houses

68.41 %

Own Vs. Rent

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101-103 Forest AVE, Sault Ste. Marie, Ontario, P6B 1A6 $599,900 MLS® # SM242796

Property Information:

Building Features:

Property Features:

Location of 101-103 Forest AVE, Sault Ste. Marie, Ontario, P6B 1A6

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 101-103 Forest AVE, Sault Ste. Marie, Ontario, P6B 1A6

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

101-103 Forest AVE, Sault Ste. Marie, Ontario, P6B 1A6

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