691-709 Pine Street, Sault Ste Marie, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Sault Ste Marie. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $9,550,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Prime opportunity to acquire a fully stabilized, 100% occupied, grocery-anchored plaza in the heart of Sault Ste. Marie. Pine Plaza is a well-established neighborhood retail Centre comprising approximately 42,455 sq. ft., anchored by a top-performing national grocery tenant with long-term lease options, providing exceptional income stability and consistent foot traffic. The plaza features a diverse tenant mix of retail, service, and food users, creating a strong daily-needs destination for the surrounding community. A favorable lease expiry profile with a Weighted Average Lease Term (WALT) of approximately 3.65 years. The 2023 renovation was more than facade; units 2, 3, 4, 5 new vanilla shells; units 2-8 all new rooftop HVACs. Strategically located on Pine Street, a major arterial corridor, the asset benefits from excellent visibility, accessibility, and strong surrounding residential density. Freehold ownership, established tenancy, and built-in upside through rental growth and future re-tenanting opportunities make this an ideal investment for both private and institutional buyers seeking a core-plus retail asset with resilient fundamentals.
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Property Summary
This investment located at 691-709 Pine Street, Sault Ste Marie is currently for sale and has been available on SousaSells for 220 days. This property is listed at $9,550,000 with an estimated mortgage of $31,788* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 691-709 Pine Street, Sault Ste Marie
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Sault Ste Marie.
- •Desirable Investment architecture in Sault Ste Marie
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- No
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Sault Ste Marie?
If you are looking for a house in Sault Ste Marie or researching Sault Ste Marie real estate for sale, this investment at 691-709 Pine Street, Sault Ste Marie, ON offers an exceptional opportunity to buy a home in Sault Ste Marie, Ontario. Whether you are a first-time Sault Ste Marie home buyer or comparing active Sault Ste Marie MLS® homes for sale, working with a dedicated Sault Ste Marie buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Sault Ste Marie realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Sault Ste Marie Buyer Budget & Costs
Estimated mortgage: $31,788*/month*. Estimated Ontario Land Transfer Tax: $225,225. First-time Sault Ste Marie home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Sault Ste Marie
Frequently Asked Questions about 691-709 Pine Street, Sault Ste Marie, ON
Q.What is the asking price for 691-709 Pine Street, Sault Ste Marie, ON ?
The current listing price for 691-709 Pine Street, Sault Ste Marie, ON in Sault Ste Marie is $9,550,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 691-709 Pine Street, Sault Ste Marie, ON ?
691-709 Pine Street, Sault Ste Marie, ON is a Investment () featuring a basement.
Q.What security features are installed at 691-709 Pine Street, Sault Ste Marie, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Open in Google MapsNeighborhood Safety & Crime Analytics
Sault Ste Marie, Sault Ste Marie
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 691-709 Pine Street, Sault Ste Marie, ON P6B 3G2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Sault Ste Marie, ON
For a property listed at $9,550,000 in Sault Ste Marie, the legal minimum down payment is $1,910,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $225,225 for this transaction. As this listing is in Sault Ste Marie (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $225,225.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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