1438 Peoples Rd is a land in Sault Ste Marie, listed for $140,000.
1Discover the perfect setting for your future home at 1438 Peoples Rd.
2Mature trees, established apple trees, and a natural creek create a picturesque backdrop, while the deep lot provides plenty of space to design and build the home you've always envisioned.
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Lots & Land in Sault Ste Marie
About 1438 Peoples Road
Discover the perfect setting for your future home at 1438 Peoples Rd. This beautiful 2.4 Acre property offers a rare opportunity to enjoy the best of both worlds - Peaceful country living just minutes from city amenities. The frontage has been cleared, a reinforced driveway is already in place, and municipal water and sewer are available at the road, giving you a great head start on bringing your vision to life. Mature trees, established apple trees, and a natural creek create a picturesque backdrop, while the deep lot provides plenty of space to design and build the home you've always envisioned. Located in one of Sault Ste. Marie's most desirable areas, surrounded by scenic trails and lush forest, this property is ideal for those who appreciate nature, outdoor recreation, and room to grow. Whether you're planning your forever home or looking to invest in a prime piece of land, this is an opportunity you don't want to miss.
Sault Ste Marie land priced at $140,000 — book a tour to see if it fits your search.
Inside 1438 Peoples Rd
Every detail from the listing, in one place.
Type
Land
Basement
Other
Features & systems
Interior
Basement
Other
Lot & land
Lot size (sqft)
2.41
Listing & possession
Property class
Vacant Land
1438 Peoples Rd 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
$688
/mo
based on the purchase price of $140,000
$28,000 cash
$112,000 financed
$94,333 total interest
Principal54%$112,000
Interest46%$94,333
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.
For homeowners nearby
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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 homes for sale in Sault Ste Marie around $140K.
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 1438 Peoples Rd
How much is 1438 Peoples Rd listed for?
1438 Peoples Rd is listed at $140,000 (MLS® X13887298). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1438 Peoples Rd changed?
Yes — it was first listed at $175,000 and is now $140,000, a drop of $35,000 (20.0%).
How many bedrooms and bathrooms does 1438 Peoples Rd have?
The listing for 1438 Peoples Rd doesn't publish its bedroom and bathroom count. It is a lot in Sault Ste Marie.
How much would the monthly mortgage be on 1438 Peoples Rd?
About $688 a month — principal and interest on $140,000 with 20% down ($28,000), 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 1438 Peoples Rd compare with other homes in Sault Ste Marie?
Its asking price of $140,000 is about 59% below 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 1438 Peoples Rd been sold before?
Summitly has no earlier MLS® sale or lease of 1438 Peoples Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1438 Peoples Rd?
1438 Peoples Rd is in Sault Ste Marie, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1438 Peoples Rd been on the market?
90 days — 1438 Peoples Rd was listed on July 14, 2026.
Does 1438 Peoples Rd have a basement, and is it finished?
The listing describes the basement as: Other.
What is the lot size of 1438 Peoples Rd?
The lot is 3.495 acres, as published in the listing.
What is the land transfer tax on 1438 Peoples Rd?
About $1,125 in Ontario land transfer tax at the asking price of $140,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 1438 Peoples Rd or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
