487 Richard ST
Thunder Bay, Ontario
- 4 bed
- 1 bath
- Single Family
New Listing. On a quiet dead-end street directly across from Centennial Park, this beautifully maintained turn key home offers a rare combination of location, condition, and setting. More than just cosmetic, the major mechanical updates have already been completed. The bright and functional main level features two well sized bedrooms, an updated 4 pc bath, and a seamless flow between the kitchen and living spaces, creating an easy and inviting layout for everyday living. A fully finished lower level adds a third bedroom and a spacious family room, ideal for additional living space, guests, or a home office. Set on a large lot with a detached single car garage at the end of a sprawling driveway.
Price History
Schools
Elementary
- St Paul Catholic Elementary School0.3 km
Catholic · Thunder Bay CDSB · 140 students
Grade 3 reading: 93% met the provincial standard · Grade 6 math: 81% met the provincial standard
- Claude E Garton Public School0.9 km
Public · Lakehead DSB · 430 students
Grade 3 reading: 96% met the provincial standard · Grade 6 math: 80% met the provincial standard
- Vance Chapman Public School2.6 km
Public · Lakehead DSB · 200 students
Grade 3 reading: 73% met the provincial standard · Grade 6 math: 41% met the provincial standard
Secondary
- St Ignatius High School2.2 km
Catholic · Thunder Bay CDSB · 1045 students
Grade 10 literacy: 85% met the provincial standard
- Superior Collegiate and Vocational Institute3.7 km
Public · Lakehead DSB · 685 students
Grade 10 literacy: 76% met the provincial standard
- École secondaire catholique de La Vérendrye4.2 km
French Catholic · CSDC des Aurores boréales · 135 students
Grade 10 literacy: 90% 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
Single Family in Thunder Bay · last 12 months
- Median sold price
- $410,000
- Homes sold
- 303
- Median days on market
- 14
- Sale-to-list price
- 106.8%
Based on 303 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
$75,980
Estimated Monthly Payment
$1,866
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: $1,866/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $95/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?