488 Morin St is a 3-bedroom, 1-bathroom detached home in Sault Ste Marie, listed for $159,900. It has 1100-1500 sq ft of living space.
1Looking for a solid family home to put a little love into or maybe a great investment opportunity?
2This property checks all the boxes with 3 bedrooms with newer laminate flooring plus 2 bonus rooms have been used as additional bedrooms, 2 bathrooms, main floor laundry and spacious kitchen.
Looking for a solid family home to put a little love into or maybe a great investment opportunity? This property checks all the boxes with 3 bedrooms with newer laminate flooring plus 2 bonus rooms have been used as additional bedrooms, 2 bathrooms, main floor laundry and spacious kitchen. Updates include a new hot water boiler in 2018 and large picture windows in the living room replaced in 2017, bringing in plenty of natural light. A great home for a great price!
3 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $145 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 488 Morin St
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
1100-1500 sq ftas stated on the listing
Basement
Partial Basement, Unfinished
Features & systems
Interior
Basement
Partial Basement · Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
488 Morin St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14145314$159,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 488 Morin St Compares to the Sault Ste Marie Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$786
/mo
based on the purchase price of $159,900
$31,980 cash
$127,920 financed
$107,742 total interest
Principal54%$127,920
Interest46%$107,742
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 2–5 bed homes for sale in Sault Ste Marie around $160K.
Average days on market35Homes sold in about 35 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings368Homes for sale here right now.
Median vs prior 90 days+3.2%Compared with May 8 – Aug 6, 2026: prices up.
Based on 393 sales from Aug 6 – Nov 4, 2026 (303 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 488 Morin St
How much is 488 Morin St listed for?
488 Morin St is listed at $159,900 (MLS® X14145314). Summitly updates the price as soon as the MLS® record changes.
Is $159,900 a good price for 488 Morin 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 488 Morin St changed?
No — 488 Morin St is still listed at its original asking price of $159,900.
How many bedrooms and bathrooms does 488 Morin St have?
488 Morin St has 3 bedrooms and 1 bathroom, 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 488 Morin St?
About $786 a month — principal and interest on $159,900 with 20% down ($31,980), 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 488 Morin St compare with other homes in Sault Ste Marie?
Its asking price of $159,900 is about 51% below the median sold price in Sault Ste Marie over the last 90 days, $328,028, across 393 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 488 Morin St been sold before?
Summitly has no earlier MLS® sale or lease of 488 Morin St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 488 Morin St?
488 Morin St is in Sault Ste Marie, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 488 Morin St been on the market?
488 Morin St was listed today (November 3, 2026).
What is the price per square foot of 488 Morin St?
About $107 to $145 per square foot: the asking price of $159,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 488 Morin St have a basement, and is it finished?
The listing describes the basement as: Partial Basement, Unfinished.
