55 SIMCOE ST 1 - 6 STREET, South Stormont

$924,900

For sale: Multiplex

Multiplex at 55 SIMCOE ST 1 - 6 STREET, South Stormont
Property type
Multiplex
Bedrooms / bathrooms
2 bedrooms, 6 bathrooms
Living area
5,000 sqft
MLS®
MLS® X13775250
Neighbourhood
714 - Long Sault

A purpose built 6 unit apartment building located beside a park with walking paths through the village of Long Sault close to the St Lawrence River, bike bath and the St Lawerence Parkway. There are 5 two bedroom units and 1 one bedroom unit. Tenants pay their own utilities. Most rents are low but great potential for growth in the future. Top floor unit was recently rented for $1525 plus utilities.

Sold data

Homes in Long Sault — recent sold market

Homes in Long Sault took a median of 34 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 60, across 55 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 48 days.

The median sale price was $478,900.

Homes sold for about 1.9% below asking on average, so there was room to negotiate.

About 20% of sales closed above the list price.

Around 31% of sellers reduced their price before finding a buyer.

Median days to sell
34
Median sale price
$478,900
Sale-to-list ratio
98.1%
Sold above asking
20%

Based on 55 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 55 SIMCOE ST 1 - 6 STREET