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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
3 Bed, 1 Bath Detached Home in Sault Ste Marie
About 552 Lake Street
Welcome to 552 Lake St. where you can experience convenient one-floor easy living in a well-maintained open concept home! Many updates have been done to this home over the years, including newer wiring, electrical 200 amp service, windows more recently, insulation, shingles, and beautiful hardwood floors throughout the home, with tons of natural light. Walk into a large entry room with plenty of space and a closet. There are 3 spacious bedrooms with large closets! Very recently updated kitchen with fridge one year old, newer stove, and dishwasher only a few months old. Also newer modern washer and dryer. All appliances are included! This home has a beautiful landscaped large yard with mature trees and partially fenced yard. There is also a double paved driveway and a 10' x 12' storage shed! Also a brand new owned hot water tank has just been installed. This home is situated in a sought-after central east end location close to everything! Just move right in and enjoy.
3 bedrooms, 1 bathroom. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 552 Lake St
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Basement
Crawl Space
Features & systems
Interior
Basement
Crawl Space
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
552 Lake 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® X13888358$318,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 552 Lake 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.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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
$1,567
/mo
based on the purchase price of $318,900
$63,780 cash
$255,120 financed
$214,878 total interest
Principal54%$255,120
Interest46%$214,878
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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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Zara · AI virtual agent
Ask about 552 Lake St day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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 2–10 bed homes for sale in Sault Ste Marie around $319K.
Average days on market24Homes sold in about 24 days on average.
Sale-to-list ratio95.3%On average, homes sold below asking.
Active listings366Homes 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 552 Lake St
How much is 552 Lake St listed for?
552 Lake St is listed at $318,900 (MLS® X13888358). Summitly updates the price as soon as the MLS® record changes.
Has the price of 552 Lake St changed?
No — 552 Lake St is still listed at its original asking price of $318,900.
How many bedrooms and bathrooms does 552 Lake St have?
552 Lake St has 3 bedrooms and 1 bathroom. It is a detached home in Sault Ste Marie.
How much would the monthly mortgage be on 552 Lake St?
About $1,567 a month — principal and interest on $318,900 with 20% down ($63,780), 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 552 Lake St compare with other homes in Sault Ste Marie?
Its asking price of $318,900 is about 8% 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 552 Lake St been sold before?
Summitly has no earlier MLS® sale or lease of 552 Lake St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 552 Lake St?
552 Lake St is in Sault Ste Marie, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 552 Lake St been on the market?
19 days — 552 Lake St was listed on September 23, 2026.
Does 552 Lake St have a basement, and is it finished?
The listing describes the basement as: Crawl Space.
What is the lot size of 552 Lake St?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 552 Lake St?
About $3,259 in Ontario land transfer tax at the asking price of $318,900. 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 552 Lake St 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.
