253 Lake ST, Sault Ste. Marie, Ontario
$359,900
- 3 Beds
- 2 Baths
- 950 Square Feet
Ideally located in one of the most desirable east-end neighbourhoods, this solid, all-brick bungalow offers exceptional value for first-time buyers or investors seeking a high-income rental opportunity. Just steps from Algoma University, Churchill Plaza, and major shopping centers, this home combines convenience, efficiency, and charm. This property can easily be one of the more lucrative income earning properties, and is being sold vacant possession. The main level features three bedrooms, an open-concept kitchen and living dining area filled with natural light from a large east-facing picture window, large island and a 3-piece bathroom. The fully finished basement offers excellent additional living space with two large additional bonus rooms that could be used as you desire as well as a large storage room and a fully finished bathroom, separate side entrance and laundry. Notable features include: Gas forced air heating (2014) Central air conditioning Solid metal roof Many updated windows throughout 200-amp electrical service Large private back yard mostly fenced in Huge income potential as a rental, choose your own tenants at current market rent Additional this property has a double driveway, a convenient carport, and a single-car garage and enough space to park several cars if need be. Whether you’re looking to settle into a safe, family-friendly area or capitalize on a prime rental location, this east-end gem is a smart investment in both lifestyle and value. (id:56241)
- Listing ID: SM252012
- Property Type: Single Family
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Listing provided by Exit Realty True North
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 253 Lake ST in Sault Ste. Marie Ontario. It was last modified on July 23rd, 2025. Contact us to schedule a viewing or to discover other Sault Ste. Marie homes for sale.