NewFor Sale

40 Hynes Street
Sault Ste Marie, Algoma, ON, P6A 3E4

Investment
TRREB
MLS® Number: X12372825
$2,255,000List Price
InvestmentProperty Type
20,858 sq ftSize
$18,141 / 2025Taxes (Annual)
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Listing History

Buy/sell history for 40 Hynes Street, Sault Ste Marie, ON P6A 3E4

0 Transactions by CPRB Agents

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Description

2 storey wood frame former motel converted into apartment suites. Brick exterior, double windows and flat roof. Walk up apartment building with little common areas and easy to manage. Low maintenance. Many suites updated and over $180,000 spent recently. 36 bachelors 5 one beds and 1 three bed. Well located asset in downtown. Potential to add 2 suites and turn solar panels back on. Potential to sub meter hydro and landlord stop paying for cable/internet.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$18,141 / 2025
Listing #:X12372825
Property Type:Investment
Size:20,858 sq ft
Land Size:200 x 104.9
Days on CPRB:
Garage:Outside/Surface
Locker:None
On CPRB Since:
Listing Brokerage:COMMERCIAL FOCUS REALTY INC.

Rooms

Details

Property

Property Type:Investment
Municipality:Algoma

Building

Size:20,858 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Outside/Surface
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Gas Hot Water

Land

Cross Street:Hynes and Queen

$2,255,000

List price

40 Hynes Street, Sault Ste Marie – Investment for sale · MLS® # X12372825 | CPRB