22 Manilla Terrace, Sault Ste Marie

$119,000
22 Manilla Terrace

$119,000

New
9d
DetachedOther

22 Manilla Terrace, Sault Ste Marie

Total Monthly Obligation $955

HausQ Valuation Report
Beds
3
Baths
2
Park
0
Sqft
700-1100
DOM
9d
Score
84
Yield
21.2%
Cash on Cash
63.7%
Cap Rate
18.3%
5Y IRR
70.8%
10Y IRR
67.2%
Property Type-Detached
MLS® Number-X14031466
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-22 × 84 ft
Listed on site-Oct 14, 2026
Style-Other
Building Type-Detached
Taxes-$1,202 (2025)
Parking-None
Basement-Crawl Space
Heating-Other (Gas)
Brokerage-Remax Sault Ste. Marie Realty Inc.
Cooling-Other
Fireplace-No
Pool-None
Facing-North
Exterior-Unknown
Roof-Other
Foundation-Other
Sewer-Sewer
Neighbourhood-Ward 2
Title-Residential Freehold

No agent assigned

Nestled in the heart of downtown Sault Ste. Marie, 22 Manilla Terrace is an affordable and spacious 1.75-storey home featuring 3 generously sized bedrooms and 1.5 bathrooms. This property offers comfortable living space and features an ultra-efficient natural gas fireplace, providing an economical heating option. With some TLC, this home offers great potential for first-time buyers, investors, or those looking to make it their own. Conveniently located close to a variety of amenities, shopping, and services, this property presents an excellent opportunity for homeownership or investment. Don't miss out - Book your viewing today!

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

Closing Costs

Mortgage Amount
$95,200
Land Transfer Taxes$915
Legal Fees (Est.)
$
Total cash required for closing$26,215

Total Monthly Obligation

$955/mo
Mortgage $480
Monthly Loss $829
Principal$126
Interest$354
Property Tax$100
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
14.3%98
Cash-on-Cash
43.8%100
5-Year IRR
53.6%100
10-Year IRR
50.3%
Returns Index
99.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeA
84/ 100
Good•Buy

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
$16,978/yr
Net Cash Flow
$935/mo
Cash Margin
44.5%100
Cash Flow Index
99.7/ 100
Risk Profile
Weight: 20%
DSCR
2.95100
LTV Ratio
80.0%18
Vacancy Buffer
9.4 mo99
Risk Index
72.5/ 100

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

Comparables

Properties near 22 Manilla Terrace

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.