55 Stevens street – great investment opportunity! Excellent opportunity to own this fully tenanted, two-storey, all-brick 5-unit apartment building situated in a convenient central location close to all amenities! This well-located investment property sits on a large parcel of land offering ample parking for tenants and a paved driveway. Each of the five units features a spacious 2-bedroom layout, with gas forced-air heating and separate metering for the units and common areas. Additional features include individual storage lockers for each unit, convenient coin-operated laundry facilities, and more! With its solid brick construction, desirable location, full occupancy, and excellent income potential, 55 Stevens Street is a fantastic addition to any real estate investment portfolio! Contact today for more information!
works out to roughly $220 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 55 Stevens 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
55 Stevens 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® X14180044$659,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 55 Stevens 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
$3,237
/mo
based on the purchase price of $659,000
$131,800 cash
$527,200 financed
$444,041 total interest
Principal54%$527,200
Interest46%$444,041
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 $659K.
Average days on market37Homes sold in about 37 days on average.
Sale-to-list ratio97.1%On average, homes sold below asking.
Active listings372Homes for sale here right now.
Median vs prior 90 days+1.6%Compared with May 18 – Aug 16, 2026: prices up.
Based on 387 sales from Aug 16 – Nov 14, 2026 (310 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 55 Stevens St
How much is 55 Stevens St listed for?
55 Stevens St is listed at $659,000 (MLS® X14180044). Summitly updates the price as soon as the MLS® record changes.
Is $659,000 a good price for 55 Stevens 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 55 Stevens St changed?
No — 55 Stevens St is still listed at its original asking price of $659,000.
How many bedrooms and bathrooms does 55 Stevens St have?
55 Stevens 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 55 Stevens St?
About $3,237 a month — principal and interest on $659,000 with 20% down ($131,800), 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 55 Stevens St compare with other homes in Sault Ste Marie?
Its asking price of $659,000 is about 103% above the median sold price in Sault Ste Marie over the last 90 days, $325,000, across 387 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 55 Stevens St been sold before?
Summitly has no earlier MLS® sale or lease of 55 Stevens St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 55 Stevens St?
55 Stevens St is in Sault Ste Marie, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 55 Stevens St been on the market?
55 Stevens St was listed today (November 13, 2026).
What is the price per square foot of 55 Stevens St?
About $188 to $220 per square foot: the asking price of $659,000 over the 3,000–3,500 sq ft the listing gives as its size range.
Does 55 Stevens St have a basement, and is it finished?
The listing describes the basement as: Full.
What is the lot size of 55 Stevens St?
The lot is 25.995 acres, as published in the listing.
