Listed for:Listed 3 days ago
$309,900

254 Wallace Terrace

Sault Ste Marie (Ward 4), ON P6C 1K7

Detached House For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 254 Wallace Terrace, Sault Ste Marie, Ward 4

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 254 Wallace Terrace, Sault Ste Marie, Ward 4

Summarized Description

  • Income producing 4-plex with three tenanted units.
  • Vacant 3-bedroom unit for owner occupancy.
  • Attached wired and insulated garage.
  • Separate meters for each unit.
  • High efficiency gas furnace for upper unit.
  • Includes security system with cameras.
  • Full poured concrete basement for storage.
  • 40'X121' parking lot across the street.

ATTENTION INVESTORS ***INCOME PRODUCING *** 4-PLEX 3 Tenanted Units ***4th 3-Bedroom Unit Vacant** Set Your Rent or Owner Occupy - *** with attached 20x24 wired & insulated Garage. Building offers 2 3-bedroom units on the main floor (1 3-bedroom unit is vacant) and one 4-bedroom plus den & 1 2-bedroom unit on the upper level. Separate meters, New 2026 on demand boiler, for 2 main floor units and 4 bed plus den has a high efficiency gas furnace. 4 refrigerators & four stoves are included. Separate 40'X121' PARKING LOT across the street. Oversized storage shed. The Building has a full basement for storage, and a secured, concrete-blocked owner security room complete with a security system, including cameras & hard drive system. Property Taxes $9,804.27 / 2026yr Call today to book your private viewing.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$9,804
Land Transfer Tax Fee
$3,124

Rental Items

Rental Equipment
653.00/Year (2 hot water tanks)

Basement Type
Full

Interior Features

Interior Extras
Other
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
2-Storey

Construction

Exterior Finish
Brick, Metal/Steel Siding
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Other

Lot

Lot Front
42.00 ft
Lot Depth
126.50 ft

Inclusions

Inclusions
4 Fridges, 4 Stoves, Security Cameras & Hard Drive. (all as is condition)

Exclusions

Exclusions
Washers & Dryers (belong to tenants), all tenant personal belongings, 2 hot water tanks (rentals).

Parking & Garages

Garage Type
Other
Garage Spaces
1

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
Other
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes

Bedrooms
12
Washrooms
4

Municipality
Sault Ste Marie
Neighbourhood
Ward 4
Zoning
C1

MLS® number
X14098476
Data source
ssm
Listed on
2026-10-20
Updated on
2026-10-20
Days on market
3 days
Co-op commission
2% + HST
Seller
Listed by
CENTURY 21 CHOICE REALTY INC.

Home Market Value

Current home valuation for 254 Wallace Terrace, Sault Ste Marie, Ward 4, Sault Ste Marie, ON. Listed for $309,900

HOMEH Estimate

?

$310,000

Estimated Sales Range

?

$309,000 - $875,000

HOMEH Estimate for 254 Wallace Terrace, Sault Ste Marie, Ward 4

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$310,000Low confidence
Based on 15 comparable properties
− $100 (0%) below our estimate — Good deal!
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Sault Ste Marie, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$15,495

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$11,776$8,646$7,376$0
=Total mortgage
$306,181$287,556$270,791$247,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$1,495monthly$1,404monthly$1,322monthly$1,210monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$3,124

Total Land Transfer Tax

$3,124

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