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Two Airbnb Houses | $150k/yr Passive Income | Only $715K Each - Image 1
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$1,430,000

Location

17 Linstedt St, Sault Ste. Marie, ON P6B 3H8, Canada, Sault Ste. Marie, Ontario P6B 3H8

ResidentialFor SaleHouseDetached

Bedrooms

3

Bathrooms

2.5

Description

PLEASE READ ALL DETAILS The list price buys you two detached houses, which means that each house is priced at $715,000. This is not a duplex, these are two distinct houses located in different parts of town. The address on this listing is for one of the houses. Please contact us and we will provide the other address. The houses are sold as a package deal. This exceptional investment opportunity allows you to get two fully detached, freehold, single family homes at "Toronto condo" prices, offering a level of value and cash flow that is increasingly rare in today’s market. Together, these houses are a thriving licensed short-term-rental business, in compliance with all applicable municipal by-laws. These properties generate an impressive approximately $150,000 in annual passive revenue, providing a turn-key solution for investors looking to maximize their ROI from day one. This amazing deal is only possible because House Up is saving the vendors significant expenses that would have ordinarily been paid in realtor commission fees. Whether you are looking to diversify your holdings or secure a high-cap rate performer, this dual-property package represents a strategic alternative to the low-yield, high-cost units found in major metropolitan centers. Here are the Airbnb links: https://www.airbnb.ca/rooms/1348002887263589285 https://www.airbnb.ca/rooms/1144158894408679620 Feel free to book a stay on Airbnb, and come see the properties for yourself! Here are video tours of the properties: https://www.youtube.com/watch?v=8WrMYYBaYrg https://www.youtube.com/watch?v=6IfKQaXVLUg Investors must file a GST44 Election with the CRA in order to zero out any HST payable on the sale of these properties. Please contact your accountant or tax lawyer for advice. Learn more at https://offer.stayinthesoo.ca/

Property Details

Size

1 sqft

Parking

4 Spaces

Year Built

1970

Lot Size

15,000 sqft

Property Tax

$3,687/year

Interested?
Request a Viewing
Property Owner

Ryan Keeney

Listed on Houseup.ca