This timeless building in the city's downtown is a very unique property with 3 units comprised of 2 single family semi detached & a 1 bedroom 3rd floor in-law suite. The first unit is at 137 Tancred is 4 bedroom (2 stories) with basement access with 1420 sq feet and the Larger side is 141 Tancred is 1846 sq feet. This unit is a large 3-story home with 7 bedrooms! Good existing paying tenants. Building runs about 8% Cap. Great investment or owner occupied. A small garage on site with a parking spot and 3-4 parking spots in the rear off the laneway. Its not your regular income property. It has original trim and hardwood floors, beautiful staircase, a gem that you would be proud to own. Brick building, roof shingles 2016, 2 hot water boilers, laundry on site. Contact LBO for more information.
works out to roughly $130 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 137-141 Tancred St
Every detail from the listing, in one place.
Type
Multiplex
Living space
3000-3500 sq ftas stated on the listing
Basement
Full
Features & systems
Interior
Basement
Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Multiplex
137-141 Tancred 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 →
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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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Similar homes for sale nearby in Sault Ste Marie
Other 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 listings366Homes 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 137-141 Tancred St
How much is 137-141 Tancred St listed for?
137-141 Tancred St is listed at $389,900 (MLS® X13887664). Summitly updates the price as soon as the MLS® record changes.
Is $389,900 a good price for 137-141 Tancred St?
Summitly rates it Excellent Deal: the asking price is 10% or more 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 137-141 Tancred St changed?
Yes — it was first listed at $425,000 and is now $389,900, a drop of $35,100 (8.3%).
How many bedrooms and bathrooms does 137-141 Tancred St have?
137-141 Tancred St has about 3,000–3,500 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a multiplex in Sault Ste Marie.
How much would the monthly mortgage be on 137-141 Tancred 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 137-141 Tancred 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 137-141 Tancred St been sold before?
Summitly has no earlier MLS® sale or lease of 137-141 Tancred St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 137-141 Tancred St?
137-141 Tancred St is in Sault Ste Marie, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 137-141 Tancred St been on the market?
65 days — 137-141 Tancred St was listed on August 8, 2026.
What is the price per square foot of 137-141 Tancred St?
About $111 to $130 per square foot: the asking price of $389,900 over the 3,000–3,500 sq ft the listing gives as its size range.
Does 137-141 Tancred St have a basement, and is it finished?
