130 Hull Ave
Thunder Bay, Ontario
- Multi-family
Discover an exceptional investment opportunity with this well-maintained legal triplex, perfectly positioned in a strong and growing rental market. This solid all-brick building features two spacious 2-bedroom units and one inviting 1-bedroom unit, offering multiple streams of reliable rental income. A standout feature is the recently renovated 2-bedroom unit, now vacant and move-in ready—an ideal opportunity to set market rent or attract a quality tenant in today’s high-demand rental environment. Additional income potential comes from the on-site coin-operated laundry, while a durable metal roof provides long-term peace of mind and reduced maintenance costs. The property also includes an extra lot, opening the door for future development or expansion (buyer to verify). Whether you’re looking to grow your portfolio or secure a turnkey income property, this is a rare opportunity with strong cash flow and upside potential. Don’t miss your chance to invest in a property that offers both stability and room for growth.
Price History
Schools
Elementary
- Bishop Gallagher Senior Catholic Elementary School0.6 km
Catholic · Thunder Bay CDSB · 230 students
- St Margaret Catholic Elementary School0.8 km
Catholic · Thunder Bay CDSB · 205 students
Grade 3 reading: 62% met the provincial standard · Grade 6 math: 30% met the provincial standard
- Vance Chapman Public School0.8 km
Public · Lakehead DSB · 200 students
Grade 3 reading: 73% met the provincial standard · Grade 6 math: 41% met the provincial standard
Secondary
- Superior Collegiate and Vocational Institute0.9 km
Public · Lakehead DSB · 685 students
Grade 10 literacy: 76% met the provincial standard
- École secondaire catholique de La Vérendrye1.4 km
French Catholic · CSDC des Aurores boréales · 135 students
Grade 10 literacy: 90% met the provincial standard
- Hammarskjold High School2.1 km
Public · Lakehead DSB · 960 students
Grade 10 literacy: 88% 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 P7A
- Population
- 28,587
- Private dwellings
- 14,359
- Median age
- 47.2
- Average household size
- 2.1
- Median household income
- $78,500
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
Multi-family in Thunder Bay · last 12 months
- Median sold price
- $415,000
- Homes sold
- 281
- Median days on market
- 14
- Sale-to-list price
- 107.2%
Based on 281 recorded sales of multi-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
$119,800
Estimated Monthly Payment
$2,943
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: $2,943/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $150/mo
Estimates only. Consult a financial advisor.
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