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110 Albany ST

110 Albany ST

Thunder Bay, Ontario

  • 7 bed
  • 5 bath
  • Single Family
$999,900

New Listing. Welcome To 110 Albany Street, An Ultra-Rare Opportunity To Own A Purpose-Built Multi-Generational Property Offering Exceptional Flexibility, Strong Income Potential, And Stunning Lake Views. Constructed In 1987 With Solid All-Brick Construction And Quality Craftsmanship Throughout, This Immaculately Maintained Property Features Over 4,000 Sq. Ft. Of Finished Living Space Across Three Self-Contained Units, Each With Its Own Kitchen, Bathroom, Laundry Access, And Separate Entrance. Perfect For Investors, House Hackers, Or Large Families Seeking Independent Living Spaces Under One Roof. Live Comfortably In One Unit While Rental Income From The Others Helps Pay Your Mortgage, Or Maximize Cash Flow With Potential Gross Rents Approaching $8,000 Per Month And An Estimated Cap Rate Exceeding 8% — A Rare Find In Today’s Market. Recent Updates Include Quartz Countertops, Luxury Vinyl Flooring, A Newer Roof, And Updated Lennox Furnaces. Additional Features Include A Double Detached Garage, Multiple Decks, Hot Tub, Central Air, And Beautiful Lake Views. Ideally Located In A Desirable North Side Neighbourhood Close To Boulevard Lake, Marina Park, Walking Trails, Schools, And Amenities. The Adjacent Vacant Lot May Also Be Available For Purchase At An Additional Cost, Creating Even More Future Potential.

Price History

Schools

Elementary

  • St Margaret Catholic Elementary School0.9 km

    Catholic · Thunder Bay CDSB · 205 students

    Grade 3 reading: 62% met the provincial standard · Grade 6 math: 30% met the provincial standard

  • St James Public School1.1 km

    Public · Lakehead DSB · 205 students

    Grade 6 math: 40% met the provincial standard

  • Bishop Gallagher Senior Catholic Elementary School1.1 km

    Catholic · Thunder Bay CDSB · 230 students

Secondary

  • St Ignatius High School1.1 km

    Catholic · Thunder Bay CDSB · 1045 students

    Grade 10 literacy: 85% met the provincial standard

  • Superior Collegiate and Vocational Institute1.2 km

    Public · Lakehead DSB · 685 students

    Grade 10 literacy: 76% met the provincial standard

  • École secondaire catholique de La Vérendrye1.6 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
$415,000
Homes sold
283
Median days on market
14
Sale-to-list price
107.1%

Based on 283 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

$199,980

Estimated Monthly Payment

$4,912

Land transfer tax

Estimated land transfer tax$16,473

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: $4,912/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $250/mo

Estimates only. Consult a financial advisor.

R

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