Lovely three bedroom backsplit in beautiful condition located in desirable p-patch location. Yard is nicely landscaped and has private deck and detached garage. Interior is in move-in condition. Great layout with former attached garage converted to large dining room - excellent for entertaining. Upddate washroom. Convenient mudroom leads to lower level that has spacious recroom, 2nd bath, and laundry room. GAS HEAT, Central air.
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $354 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 1015 Lake St
Every detail from the listing, in one place.
Type
Detached
Style
Backsplit 5
Living space
1100-1500 sq ftas stated on the listing
Basement
Full, Partially Finished
Features & systems
Parking & garage
Garage
Yes
Interior
Basement
Full · Partially Finished
Lot & land
Lot size (sqft)
0.14
Listing & possession
Property style
Backsplit 5
Property class
Detached
1015 Lake St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,915
/mo
based on the purchase price of $389,900
$77,980 cash
$311,920 financed
$262,719 total interest
Principal54%$311,920
Interest46%$262,719
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Sault Ste Marie
Other 2–12 bed homes for sale in Sault Ste Marie around $390K.
Average days on market24Homes sold in about 24 days on average.
Sale-to-list ratio95.3%On average, homes sold below asking.
Active listings365Homes for sale here right now.
Based on 8 sales from Jul 15 – Oct 13, 2026. Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1015 Lake St
How much is 1015 Lake St listed for?
1015 Lake St is listed at $389,900 (MLS® X13886942). Summitly updates the price as soon as the MLS® record changes.
Is $389,900 a good price for 1015 Lake St?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Sault Ste Marie. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1015 Lake St changed?
Yes — it was first listed at $419,900 and is now $389,900, a drop of $30,000 (7.1%).
How many bedrooms and bathrooms does 1015 Lake St have?
1015 Lake St has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Sault Ste Marie.
How much would the monthly mortgage be on 1015 Lake St?
About $1,915 a month — principal and interest on $389,900 with 20% down ($77,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1015 Lake St compare with other homes in Sault Ste Marie?
Its asking price of $389,900 is about 13% above the median sold price in Sault Ste Marie over the last 90 days, $345,667, across 8 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1015 Lake St been sold before?
Summitly has no earlier MLS® sale or lease of 1015 Lake St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1015 Lake St?
1015 Lake St is in Sault Ste Marie, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1015 Lake St been on the market?
129 days — 1015 Lake St was listed on April 20, 2026.
What is the price per square foot of 1015 Lake St?
About $260 to $354 per square foot: the asking price of $389,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 1015 Lake St have parking or a garage?
Garage: Yes.
Does 1015 Lake St have a basement, and is it finished?
The listing describes the basement as: Full, Partially Finished.
