Commercial Real Estate in Sault Ste. Marie available for sale
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Apartment Buildings for Sale Within of Sault Ste. Marie

More details for 269 Goulais Av, Sault Ste. Marie, ON - Multifamily for Sale

269 Goulais Av

Sault Ste. Marie, ON P6C 5A2

  • Multifamily for Sale
  • $1,050,000 CAD
  • 7,200 SF
  • Private Bathroom
  • Kitchen

Sault Ste. Marie Multifamily for Sale

Welcome to 269 Goulais Avenue; rarely do these 8 unit purpose built apartment buildings hit the market! This well kept, fully rented building offers (6) 2 Bedroom Units and (2) 1 Bedroom Units. Updates to windows (2018), shingles (Approx 7-9 years old), fire doors,flooring, tiled sub surrounds and more! Excellent west end location has attracted great tenants. Coin laundry, storage lockers, and plenty of parking in paved parking lot. Contact your REALTOR® today!

Contact:

Exit Realty True North

Property Subtype:

Apartment

Date on Market:

2026-05-06
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More details for 49 Saint Mary's River Dr, Sault Ste. Marie, ON - Multifamily for Sale

49 Saint Mary's River Dr

Sault Ste. Marie, ON P6A 6G9

  • Multifamily for Sale
  • $11,640,000 CAD
  • 102,000 SF
  • 24 Hour Access
  • Controlled Access
  • Kitchen

Sault Ste. Marie Multifamily for Sale

Station 49 Apartments is a 102-suite, purpose-built multifamily asset located at 49 St. Mary’s River Drive in Sault Ste. Marie, Ontario. Offered at $11,640,000 (just $114,117 per unit), this investment presents a compelling opportunity to acquire scale in a stable Northern Ontario rental market with significant embedded upside. The property features a highly efficient unit mix, with 101 one-bedroom suites and 1 two-bedroom suite. It is professionally managed with steady turnover that supports rental growth. The asset generates additional revenue through laundry, parking, and air conditioning rentals, and has implemented cost-saving systems such as individual heating cost controls. With approximately 60% upside to market rents, robust historical turnover averaging 16.9% annually over the last three years, and recent capital improvements, Station 49 Apartments is well-positioned to deliver strong cash flow and long-term value growth for an active investor.

Contact:

Colliers

Property Subtype:

Apartment

Date on Market:

2025-09-09
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LoopNet Canada Ontario Mobile Homes & RV Parks For Sale in Sault Ste. Marie, ON, Canada

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