167 Gore St is a multiplex in Sault Ste Marie, listed for $929,000. It has 5000 + sq ft of living space.
1Welcome to Joy Apartments!
2This extensively rebuilt building offers a rare opportunity to acquire a turnkey mixed-use asset with strong existing cash flow and significant upside potential.
3The property features approximately 4,000 sq. ft. of commercial space on the main floor, with electrical rough-ins completed.
Welcome to Joy Apartments! This extensively rebuilt building offers a rare opportunity to acquire a turnkey mixed-use asset with strong existing cash flow and significant upside potential. The upper levels contain 9 finished residential units generating over $10,000 per month. The residential component provides strong income potential and immediate cash flow. The property features approximately 4,000 sq. ft. of commercial space on the main floor, with electrical rough-ins completed. Approximately 1,000 sq. ft. offers 30 ft ceilings and access through a bay entrance. This space offers flexibility for multiple commercial tenants or a single larger occupant and a variety of uses, including the potential for conversion into additional residential units. The building has undergone a comprehensive reconstruction, including new electrical, plumbing, heating systems, framing, windows, masonry, flooring, bathrooms, lighting, doors, and common areas. All work was completed in accordance with engineering specifications, municipal inspections, and fire safety compliance. With stable residential income already in place and substantial commercial leasing potential, this property presents an excellent opportunity for investors seeking both immediate returns and future growth. Don't miss out—call today to schedule your showing!
works out to roughly $186 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 167 Gore St
Every detail from the listing, in one place.
Type
Multiplex
Living space
5000 + sq ftas stated on the listing
Basement
Full
Features & systems
Interior
Basement
Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Multiplex
167 Gore 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
$4,564
/mo
based on the purchase price of $929,000
$185,800 cash
$743,200 financed
$625,969 total interest
Principal54%$743,200
Interest46%$625,969
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 homes for sale in Sault Ste Marie around $929K.
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 167 Gore St
How much is 167 Gore St listed for?
167 Gore St is listed at $929,000 (MLS® X13887354). Summitly updates the price as soon as the MLS® record changes.
Is $929,000 a good price for 167 Gore 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 167 Gore St changed?
Yes — it was first listed at $1,000,000 and is now $929,000, a drop of $71,000 (7.1%).
How many bedrooms and bathrooms does 167 Gore St have?
167 Gore St has about 5,000 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 167 Gore St?
About $4,564 a month — principal and interest on $929,000 with 20% down ($185,800), 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 167 Gore St compare with other homes in Sault Ste Marie?
Its asking price of $929,000 is about 169% 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 167 Gore St been sold before?
Summitly has no earlier MLS® sale or lease of 167 Gore St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 167 Gore St?
167 Gore St is in Sault Ste Marie, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 167 Gore St been on the market?
116 days — 167 Gore St was listed on June 18, 2026.
What is the price per square foot of 167 Gore St?
About $186 per square foot: the asking price of $929,000 over the 5,000 sq ft the listing gives.
Does 167 Gore St have a basement, and is it finished?
