The Opportunity
Overview
This well-maintained 26-unit apartment complex features 20 spacious two-bedroom suites and 6 one-bedroom suites, originally designed with seniors in mind and offering generous layouts. Each above-grade unit includes a private balcony, with south-facing suites enjoying beautiful views of Lake Huron sunsets. A common room is available for tenant gatherings and special occasions, enhancing the sense of community. The property boasts an excellent rental history with a waiting list. Conveniently located in Blind River, midway between Sault Ste. Marie and Sudbury along the Trans-Canada Highway. The building is within walking distance to grocery stores and the business district. Adding further value, the property includes a detached three-bedroom rental home and a paved parking lot. Carefully maintained by the same owner since construction, this asset is in excellent condition. The complex presents an exceptional investment opportunity, combining a strong tenant base, reliable income, and clear potential for rental growth in a sought-after Northern Ontario market. (id:61970)
Investment highlights
- 01Multi-family
Property details
- Property type
- Multi-family
- Transaction
- sale
- Site area
- 1.37 acres
- Listing brokerage
- Remax Sault Ste. Marie Realty Inc.
- Listing representative
- Drew Butkovich
- Board / association
- Sault Ste. Marie
Financial information
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Location intelligence
Documents
Source Record
Current listing facts, with attribution intact.
- Source
- REALTOR.ca DDF®
- Listing status
- active
- Source ID
- 28919222
- Last supplied
- April 27, 2026
- Listing brokerage
- Remax Sault Ste. Marie Realty Inc.
- Listing representative
- Drew Butkovich
- Board / association
- Sault Ste. Marie
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Listing brokerage: Remax Sault Ste. Marie Realty Inc. · Listing representative: Drew Butkovich · Board/association: Sault Ste. Marie · Updated: Apr 27, 2026
Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.
