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MLS® SM261014

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 9717 sqft
Garage 
Taxes $19,223
Days Active 19
Lot Size 
Approx. Age 
Avg. Price Per Sqft $128
MLS® Number SM261014

Property Address: 542 Queen St E, Sault Ste. Marie, ON, P6A2A1

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional mixed-use investment opportunity in a prime downtown location, fully rented and generating over a 10% ROI. This rare offering includes two buildings being sold together, featuring approximately 5, 000 sq ft of commercial space across two units with full clean and dry basements, plus over 4, 500 sq ft of residential space comprised of four executive-style, fully furnished apartments currently operating as a very successful investment. Extensively restored and renovated with no expense spared, the property showcases high-end finishes throughout and true pride of ownership, including a standout 2, 200 sq ft open-concept main apartment. Ample well-lit on-site parking and excellent exposure add to the appeal, with the city’s multi-million dollar Downtown Plaza redevelopment directly across the street, enhancing long-term value and demand. A rare opportunity to acquire a turnkey, income-producing asset in a sought-after location, with full details and financial package available through the listing brokerage. (id:58753)Show Description
MLS® NumberSM261014
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementFull
DrivewaySee Remarks
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $1,249,900

For Sale · 19 days

$1,249,900

MLS® SM261014

19 days ago

Not Sold Yet

May 2026, For Sale for $1,249,900

For Sale · 19 days

$1,249,900

MLS® SM261014

19 days ago

Not Sold Yet

June 2025, Withdrawn for $1,355,000

Withdrawn · 99 days

$1,355,000

MLS® SM250331

A year ago

Canceled on Jun 1, 2025

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