Featured Imagery

Exceptional Property

1059 Prince Lake RD, Sault Ste. Marie

$199,900

null Bedrooms

null Bathrooms

320 sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Recreational

Style

Other

Year Built

N/A

Square Footage

320 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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20' x 16' cabin on Prince Lake with south-facing shoreline for summer use only. Bathroom offers composting toilet only. Remaining area features living room, sleeping area and kitchen. Cabin is connected to Hydro. Separate guest cabin is 10' x 10' and has sleeping area only. This property can only be occupied seasonally... not year round use. The T...

MLS Number

SM252208

Listed By

Remax Sault Ste. Marie Realty Inc.

Last Updated

Aug 8, 2025, 8:10 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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Property Specifications

Property Type

Recreational

Architectural Style

Other

Square Footage

320

Interior Features

Basement

None

Exterior & Surroundings

Exterior Construction

Vinyl

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# SM252208

List Date

Aug 8, 2025, 6:50 p.m.

List Price

$199,900

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.