302 Queen Street E, Sault Ste Marie, ON P6A 1Z1
Ward 2, Sault Ste Marie · Near Queen St E & Bruce St · View map
About this home
Essential Services Commercial Centre located in the heart of Downtown Sault Ste. Marie, the Property is well positioned in the market with significant local foot traffic and high visibility in one of Northern Ontario's most populated cities. The Property is anchored by a major Pharmacy, which is one of the fastest growing drug store chains in Canada. Representing over 65% of the income for the Property, this tenant is on a long-term lease and is the dominant drug store in Downtown Sault Ste. Marie. Complementary tenants include doctors, lawyers and accountants with long tenure at the Property. Having recently undergone a major capital improvement program and offering rarely available downtown parking, the Property is well positioned to deliver strong performance and provide investors with stable, long-term cash flow.
The home
- Type
- Commercial retail
- Square footage
- 13500 sq ft
- Lot size
- 55.3 x 131.9 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Garage
- Outside/Surface
- Total parking
- None
Taxes & other
- Property taxes
- $79,995/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Queen St E & Bruce St
- Neighbourhood
- Ward 2
More
- MLS® number
- X14153112
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
302 Queen Street, Sault Ste Marie, ON P6A 1Z1
Ward 2, Sault Ste Marie · Near Queen St E & Bruce St
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Listing history for 302 Queen Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 302 Queen Street E
Answers come straight from this home’s MLS® listing.
How much is 302 Queen Street E listed for, and what would it cost each month?
302 Queen Street E is listed for $3,000,000. With 20% down ($600,000), the mortgage payment would be roughly $12,101 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $18,767 a month, all in. That figure is an illustration, not a quote.
Is 302 Queen Street E freehold or a condo, and is there a monthly fee?
302 Queen Street E is a commercial retail in Ward 2, Sault Ste Marie. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 302 Queen Street E have a garage and parking?
Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.
What style of home is 302 Queen Street E?
302 Queen Street E is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 302 Queen Street E, and what is the lot size?
The lot is listed as 55.3 x 131.9 ft.
How is 302 Queen Street E heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 302 Queen Street E?
Property taxes are $79,995 a year (2025), or about $6,666 a month.
Where is 302 Queen Street E?
302 Queen Street E is in the Ward 2 community of Sault Ste Marie. The nearest main intersection is Queen St E & Bruce St. The postal code is P6A 1Z1.
Is 302 Queen Street E still for sale?
Yes. It is an active listing (MLS® X14153112). Listings here update from the board through the day and come down once a home sells.
What have homes at 302 Queen Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 302 Queen Street E?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
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Courtesy of: COLLIERS
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.