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2 Bed, 1 Bath Detached Home in Sault Ste Marie
About 432 Wallace Terrace
Welcome to 432 Wallace Terrace! Take a look at this affordable west end bungalow! Sitting on a large corner lot, two driveways with plenty of parking & single garage. Main floor features 2 bedrooms, full bathroom with updated shower, large eat in kitchen. Full basement with laundry, recroom area & partially finished bonus space along with plenty of storage. Architectural shingles, forced air natural gas heat, gas hot water heater, central A/C & so much more make this a perfect investment.
2 bedrooms, 1 bathroom. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 432 Wallace Terr
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Basement
Full, Partially Finished
Features & systems
Parking & garage
Garage
Yes
Interior
Basement
Full · Partially Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
432 Wallace Terr 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
$884
/mo
based on the purchase price of $179,900
$35,980 cash
$143,920 financed
$121,218 total interest
Principal54%$143,920
Interest46%$121,218
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 2–5 bed homes for sale in Sault Ste Marie around $180K.
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 432 Wallace Terr
How much is 432 Wallace Terr listed for?
432 Wallace Terr is listed at $179,900 (MLS® X13887944). Summitly updates the price as soon as the MLS® record changes.
Has the price of 432 Wallace Terr changed?
Yes — it was first listed at $194,900 and is now $179,900, a drop of $15,000 (7.7%).
How many bedrooms and bathrooms does 432 Wallace Terr have?
432 Wallace Terr has 2 bedrooms and 1 bathroom. It is a detached home in Sault Ste Marie.
How much would the monthly mortgage be on 432 Wallace Terr?
About $884 a month — principal and interest on $179,900 with 20% down ($35,980), 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 432 Wallace Terr compare with other homes in Sault Ste Marie?
Its asking price of $179,900 is about 48% 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 432 Wallace Terr been sold before?
Summitly has no earlier MLS® sale or lease of 432 Wallace Terr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 432 Wallace Terr?
432 Wallace Terr is in Sault Ste Marie, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 432 Wallace Terr been on the market?
52 days — 432 Wallace Terr was listed on August 21, 2026.
Does 432 Wallace Terr have parking or a garage?
Garage: Yes.
Does 432 Wallace Terr have a basement, and is it finished?
The listing describes the basement as: Full, Partially Finished.
What is the lot size of 432 Wallace Terr?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 432 Wallace Terr?
About $1,524 in Ontario land transfer tax at the asking price of $179,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
