40 Hynes Street
Sault Ste Marie
Algoma
P6A 3E4
$2,255,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X12241764
- Bus Major:
- Apts - Over 20 Units
- Photos (17)
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2 storey frame former motel converted years ago to rental apartment structure. Brick exterior, double windows and flat roof. Walk up building with very little common areas. Many suites renovated and over $180,000 recently spent in updating the asset. 36 bachelors / 5 one beds / 1 three bed. 3 vacant suites under renovation. Well located steps to downtown - retail and waterfront. Management in place and can be assumed.
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- Yes
- Total Area:
- 19079 sq. ft. Acres
- Total Area:
- 19,079.28 sq. ft.1,773 m2
- Depth:
- 104'11"32 m
- Frontage:
- 200'61 m
- Lot Shape:
- Irregular
- Water supply:
- Municipal
- Soil Test:
- Yes
- Zoning:
- R4
- Heating type:
- Gas Hot Water
- Garage:
- Outside/Surface
- HST Applicable To Sale Price:
- Not Subject to HST
- Assessment:
- $981,000
- Assessment Year:
- 2024
- Type Taxes:
- Annual
- Taxes:
- $18,141 / 2024
- Assessment:
- $981,000.00 / 2024
- Sault Ste Marie
- Algoma
- Utilities:
- Yes
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Air Conditioning:
- No
- Seller Property Info Statement:
- No
- Financial Statements:
- No
- Net Income Before Debt:
- $175,000
- Expenses Actual/Estimated:
- Estimated
- Year Expenses:
- 2025
- Business/Building Name:
- HYNES MANOR
- Major Business Type:
- Apts - Over 20 Units
- Category:
- Apartment
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Listed by COMMERCIAL FOCUS REALTY INC.
Data was last updated July 11, 2025 at 04:15 PM (UTC)
- ANDREW JOHN COCKS
- COCKS INTERNATIONAL REALTY INC., BROKERAGE
- 1-705-380-3166
- info@cocksrealty.ca
- LAURA BLAKEY
- COCKS INTERNATIONAL REALTY INC., BROKERAGE
- 705-349-8060
- laura@cocksrealty.ca
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