Featured Imagery

Exceptional Property

3171 Highway 17 B, MacDonald Meredith & Aberdeen Township

$999,900

null Bedrooms

null Bathrooms

2400 sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Retail

Style

Other

Year Built

1982

Square Footage

2400 square feet

Bedrooms

N/A

Bathrooms

N/A

Distinguished Features

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Property Overview

A Closer Look at This Distinguished Residence

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Great opportunity to own established restaurant business in the friendly village of Echo Bay, just 15 minutes east of Sault Ste. Marie. This 2400 sqft restaurant with additional 2400 sqft on the basement level has unlimited potential for the motivated entrepreneur. Main floor consists of a spacious restaurant dining area, large kitchen, main floor ...

MLS Number

SM242492

Listed By

Century 21 Choice Realty Inc.

Last Updated

Aug 1, 2025, 6:25 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

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Experience The Property

View Virtual Tour

Property Specifications

Property Type

Retail

Architectural Style

Other

Year Built

1982

Square Footage

2400

Interior Features

Basement

Full

Climate Control & Utilities

Heating System

Forced air, Natural gas

Exterior & Surroundings

Foundation

Poured Concrete

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

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Property Timeline

Historical transactions and listing information

New

MLS# SM242492

List Date

Sep 19, 2024, 8:52 p.m.

List Price

$999,900

Property Type

Sale

New

MLS# SM242494

List Date

Sep 19, 2024, 8:52 p.m.

List Price

$449,900

Property Type

Sale

Financial Planning

Tools to Help You Plan Your Investment

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Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

Property Purchase Price

300,000

Down Payment

20%

Interest Rate

% p.a.

Amortization Period

Monthly Payment

Per Month

Mortgage Details

Loan Amount

$240,000

Total Interest

Total Payments

Loan-to-Value Ratio

80%

Total Number of Payments

360

Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Analysis Period:

Total Income

$4,300/monthly

2 income sources

Total Expenses

$2,530/monthly

3 expense items

Net Cash Flow

$1,770/monthly

Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.