412 Rainbow Street
Thunder Bay, Ontario
- 4 bed
- 3 bath
- Single Family
Stunning 4-bedroom home in River Terrace loaded with upgrades. Looking for a move-in ready home in one of the most desirable neighbourhoods? This beautifully updated bi-level is just steps away from a park (outdoor rink in the winter) and great walking trails. Enjoy entertaining and cooking in your fabulous chef’s kitchen complete with granite counters, stainless appliances and a big island. The bright open living space is filled with natural light. Primary bedroom has its own convenient 2-piece ensuite. Engineered hardwood flooring throughout the main floor. Fully finished basement, cozy recreation room with gas fireplace and wet bar makes for a perfect entertaining space. Fourth bedroom plus 3-piece bath and tons of storage space. Outside is just as impressive with a large fenced yard, 21x36 heated garage, garden space and a two-tiered deck with hot tub. Numerous updates in the last 5 years, great family-friendly location. This home is perfect for a family or simply enjoying your space inside and out. Come and see it today, it won’t last long. Visit www.century21superior.com for more info and pics
Price History
Schools
Elementary
- Bishop E. Q. Jennings Senior Elementary School1.1 km
Catholic · Thunder Bay CDSB · 260 students
- Algonquin Avenue Public School1.5 km
Public · Lakehead DSB · 265 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 23% met the provincial standard
- St Pius X Catholic Elementary School1.5 km
Catholic · Thunder Bay CDSB · 205 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 42% met the provincial standard
Secondary
- Hammarskjold High School1.7 km
Public · Lakehead DSB · 960 students
Grade 10 literacy: 88% met the provincial standard
- École secondaire catholique de La Vérendrye3.2 km
French Catholic · CSDC des Aurores boréales · 135 students
Grade 10 literacy: 90% met the provincial standard
- Superior Collegiate and Vocational Institute3.6 km
Public · Lakehead DSB · 685 students
Grade 10 literacy: 76% met the provincial standard
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 P7B
- Population
- 22,675
- Private dwellings
- 11,110
- Median age
- 40.8
- Average household size
- 2.2
- Median household income
- $70,000
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
- 321
- Median days on market
- 14
- Sale-to-list price
- 106.8%
Based on 321 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
$119,980
Estimated Monthly Payment
$2,947
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: $2,947/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $150/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?