Great opportunity for a first-time buyer or investor! This cute home offers an affordable way to get into the market and could be a great alternative to paying rent. The home features a functional layout with comfortable living space and a kitchen and bathroom that have been updated with ceramic tile flooring. A good option for a first-time buyer looking to build equity or an investor looking for an affordable rental property to start or add to their portfolio. Convenient west-end location close to schools, shopping and other amenities. A great little property with plenty of potential!
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $250 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 702 Lennox Ave
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Basement
Crawl Space
Features & systems
Interior
Basement
Crawl Space
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
702 Lennox Ave 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
$859
/mo
based on the purchase price of $174,900
$34,980 cash
$139,920 financed
$117,849 total interest
Principal54%$139,920
Interest46%$117,849
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 $175K.
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 702 Lennox Ave
How much is 702 Lennox Ave listed for?
702 Lennox Ave is listed at $174,900 (MLS® X13888320). Summitly updates the price as soon as the MLS® record changes.
Is $174,900 a good price for 702 Lennox Ave?
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 702 Lennox Ave changed?
Yes — it was first listed at $199,900 and is now $174,900, a drop of $25,000 (12.5%).
How many bedrooms and bathrooms does 702 Lennox Ave have?
702 Lennox Ave has 2 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Sault Ste Marie.
How much would the monthly mortgage be on 702 Lennox Ave?
About $859 a month — principal and interest on $174,900 with 20% down ($34,980), 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 702 Lennox Ave compare with other homes in Sault Ste Marie?
Its asking price of $174,900 is about 49% 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 702 Lennox Ave been sold before?
Summitly has no earlier MLS® sale or lease of 702 Lennox Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 702 Lennox Ave?
702 Lennox Ave is in Sault Ste Marie, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 702 Lennox Ave been on the market?
28 days — 702 Lennox Ave was listed on September 14, 2026.
What is the price per square foot of 702 Lennox Ave?
About $159 to $250 per square foot: the asking price of $174,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 702 Lennox Ave have a basement, and is it finished?
The listing describes the basement as: Crawl Space.
