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$1,000,000
Ontario,Sault Ste. Marie
For Sale Active
167 Gore ST, Sault Ste. Marie, Ontario P6A1M3
  • 5,452 Sqft
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Basic Details
Description

Welcome to Joy Apartments! This extensively rebuilt building offers a rare opportunity to acquire a turnkey mixed-use asset with strong existing cash flow and significant upside potential. The upper levels contain 9 finished residential units generating over $10, 000 per month. The residential component provides strong income potential and immediate cash flow. The property features approximately 4, 000 sq. ft.

of commercial space on the main floor, with electrical rough-ins completed. Approximately 1, 000 sq. ft. offers 30 ft ceilings and access through a bay entrance. This space offers flexibility for multiple commercial tenants or a single larger occupant and a variety of uses, including the potential for conversion into additional residential units. The building has undergone a comprehensive reconstruction, including new electrical, plumbing, heating systems, framing, windows, masonry, flooring, bathrooms, lighting, doors, and common areas. All work was completed in accordance with engineering specifications, municipal inspections, and fire safety compliance. With stable residential income already in place and substantial commercial leasing potential, this property presents an excellent opportunity for investors seeking both immediate returns and future growth. Don’t miss out—call today to schedule your showing! (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: SM261512
  • Price: $1,000,000
  • Square Footage: 5,452 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 82219
Features & Appliances
Features
  • Heating System: Baseboard heaters
  • Basement: Full
  • Exterior Features: Brick
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Ontario, Sault Ste. Marie, P6A1M3
  • Longitude: W85° 39' 35.8''
  • Latitude: N46° 31' 9.6''
Additional Information
  • Water Source:
  • Foundation Details:
  • Stories: 2.0
Financial
  • Tax Annual Amount: 7544.65
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Listing updated: 2026-06-20 04:34:30
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Listing Information
  • List Agent Key: 2150289
  • List Office Key: 82219
  • Modification Timestamp: 2026-06-19T18:00:49Z
  • Originating System Name: Sault Ste. Marie Real Estate Board
  • Status Change Timestamp: 2026-06-19T17:34:36Z
Powered by REALTOR.ca
Listing updated: 2026-06-20 04:34:30
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