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Sunday, June 21st, 2026

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$1,155,000
Available - For Sale
Listing ID: X12342684
Great 1st time apartment investor building. 2 storey frame asset former motel converted into rental apartments. Fully occupied with 10 suites renovated and affordable rental. 17 suites with about $200,000 spent. 7% cap rate on asking price and $67,000 per suite which is way below replacement costs. Baseboard electric heating. Large site with ample parking. Potential to sub meter hydro moving forward. Owner pays cable and internet and this could be reduced on turnover.
Price $1,155,000
Taxes: $18,285
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 859 Trunk Road , Sault Ste Marie, P6A 3T3, Algoma
Postal Code: P6A 3T3
Province/State: Algoma
Legal Description: Lot 33, Plan 654, S/T T420820
Directions/Cross Streets: Trunk and Boundry Road
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  0
Washroom 27:  0
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Washroom 31:  0
Washroom 32:  0
Washroom 33:  0
Washroom 34:  0
Washroom 35:  0
Washroom 36:  0
Washroom 37:  0
Washroom 38:  0
Washroom 39:  0
Washroom 40:  0
Washroom 41:  0
Washroom 42:  0
Washroom 43:  0
Washroom 44:  0
Washroom 45:  0
Washroom 46:  0
Washroom 47:  0
Washroom 48:  0
Washroom 49:  0
Washroom 50:  0
Category: Apartment
Use: Apts - 13 To 20 Units
Building Percentage: T
Total Area: .42
Total Area Code:  Acres
Business/Building Name: Trunk Apartments
Financial Statement: F
Maintenance: 0
Net Income Before Debt: $65000
Expenses Actual/Estimated: $Est
Sprinklers: No
Heat Type: Baseboard
Central Air Conditioning: No
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
COMMERCIAL FOCUS REALTY INC.

859 Trunk Road , Sault Ste Marie, P6A 3T3, Algoma

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Com - Investment
Area: Algoma
Municipality: Sault Ste Marie
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 254.69(Feet)
Approximate Age:
Tax: $18,285
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com