148 Walnut Street, Sault Ste Marie

$239,900
148 Walnut Street

$239,900

New
21d
Detached2-Storey

148 Walnut Street, Sault Ste Marie

Total Monthly Obligation $1,529

Beds
3
Baths
2
Park
0
DOM
21d
Score
59
Yield
10.5%
Cash on Cash
18.8%
Cap Rate
8.6%
5Y IRR
31.0%
10Y IRR
27.9%
Property Type-Detached
MLS® Number-X13888532
Beds-3
Bathrooms-2
Lot Size-50 × 118 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Detached
Taxes-$2,238 (2025)
Parking-None
Basement-Unfinished, Full
Heating-Other (Gas)
Brokerage-Exit Realty True North
Cooling-Other
Fireplace-No
Pool-None
Facing-East
Exterior-Unknown
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Neighbourhood-Ward 4
Title-Residential Freehold

No agent assigned

Loaded with character, this 1940 home has been upgraded in all the right areas. Main floor features a very spacious living/dining room with high ceilings, hardwood floors & loads of natural light. Primary bedroom, laundry & a full bathroom on the main! Upstairs beautiful hardwood floors throughout the 2 bedrooms; dormers adding loads of charm, half bath with room to add a shower. Full stone basement, excellent for storage. Upgrades to most windows, electrical panel, natural gas boiler & more!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$191,920
Land Transfer Taxes$2,124
Legal Fees (Est.)
$
Total cash required for closing$51,604

Total Monthly Obligation

$1,529/mo
Mortgage $968
Monthly Loss $1,275
Principal$255
Interest$713
Property Tax$187
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
6.6%58
Cash-on-Cash
8.4%40
5-Year IRR
22.7%96
10-Year IRR
21.2%
Returns Index
66.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeB
59/ 100
Fair•Hold / Negotiate

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$25,200/yr
NOI
$15,942/yr
Net Cash Flow
$361/mo
Cash Margin
17.2%61
Cash Flow Index
60.7/ 100
Risk Profile
Weight: 20%
DSCR
1.3762
LTV Ratio
80.0%18
Vacancy Buffer
6.1 mo92
Risk Index
57.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 148 Walnut Street

Time

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