318 May ST N
Thunder Bay, Ontario
- 2 bed
- 1 bath
- Single Family
Welcome to this beautifully updated bungalow, offering 906 square feet of comfortable single-floor living. This move-in-ready home has been extensively modernized, featuring a stylish kitchen and bathroom update (2017), alongside major mechanical and exterior upgrades including the furnace, hot water tank, shingles, windows, siding, and eaves. The interior boasts new flooring through most of the home and upgraded light fixtures, while the practical layout is complemented by the convenience of central air conditioning and a copper water line. The exterior is equally impressive, offering a fully fenced front yard for added privacy and a driveway at the rear for easy access. Outdoor living is enhanced by a front porch, a gazebo on the rear deck, and a substantial 10X12 locking shed for extra storage. Included in the sale are the fridge, stove, washer, and dryer. Beyond its residential appeal, the property's Service Commercial zoning provides incredible versatility, allowing for a wide range of potential uses such as a health center, professional office, or retail space. Whether you are looking for a turnkey home or a strategic location for your business, this property is a must-see.
Price History
Schools
Elementary
- McKellar Park Central Public School0.3 km
Public · Lakehead DSB · 130 students
Grade 3 reading: 90% met the provincial standard · Grade 6 math: 7% met the provincial standard
- St Jude Catholic Elementary School0.6 km
Catholic · Thunder Bay CDSB · 150 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 32% met the provincial standard
- Ogden Community Public School0.7 km
Public · Lakehead DSB · 170 students
Grade 3 reading: 94% met the provincial standard · Grade 6 math: 17% met the provincial standard
Secondary
- St Patrick High School1.9 km
Catholic · Thunder Bay CDSB · 1030 students
Grade 10 literacy: 76% met the provincial standard
- TB Catholic Alternative Education1.9 km
Catholic · Thunder Bay CDSB
- Lakehead Alternative School1.9 km
Public · Lakehead DSB
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area P7C
- Population
- 21,695
- Private dwellings
- 10,098
- Median age
- 42.4
- Average household size
- 2.2
- Median household income
- $72,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Thunder Bay · last 12 months
- Median sold price
- $410,000
- Homes sold
- 304
- Median days on market
- 14
- Sale-to-list price
- 106.8%
Based on 304 recorded sales of single family properties in Thunder Bay over the last 12 months.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$44,980
Estimated Monthly Payment
$1,105
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,105/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $56/mo
Estimates only. Consult a financial advisor.
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