256 Fairbanks CRES
Thunder Bay, Ontario
3 bed • 2 bath • Single Family
Welcome to this well-maintained 2+1 bedroom bi-level home located in the desirable River Terrace neighborhood. This move-in-ready home offers a bright, functional layout with a fully finished lower level, providing plenty of space for family living, guests, or a home office. Features include: 2+1 spacious bedrooms 2 full bathrooms Fully finished lower level https://youriguide.com/256_fairbank_crescent_thunder_bay_on/ Updated furnace and central air conditioning (2023–2024) New driveway (2021) New soffit and fascia (2025) Great location close to parks, schools, walking trails, and amenities This home has been well cared for with several important updates already completed, making it an excellent choice for families, first-time buyers, or anyone looking for a quality home in a fantastic neighbourhood
Price History
Schools
Elementary
- St Pius X Catholic Elementary School0.8 km
Catholic · Thunder Bay CDSB · 205 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 42% met the provincial standard
- Bishop E. Q. Jennings Senior Elementary School0.9 km
Catholic · Thunder Bay CDSB · 260 students
- Algonquin Avenue Public School1.1 km
Public · Lakehead DSB · 265 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 23% met the provincial standard
Secondary
- Hammarskjold High School1 km
Public · Lakehead DSB · 960 students
Grade 10 literacy: 88% met the provincial standard
- École secondaire catholique de La Vérendrye2.6 km
French Catholic · CSDC des Aurores boréales · 135 students
Grade 10 literacy: 90% met the provincial standard
- Superior Collegiate and Vocational Institute2.9 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
- $423,000
- Homes sold
- 210
- Median days on market
- 14
- Sale-to-list price
- 107.9%
Based on 210 recorded sales of single family properties in Thunder Bay over the last 12 months.
Location
Mortgage Calculator
$91,980
Estimated Monthly Payment
$2,259
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,259/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $115/mo
Estimates only. Consult a financial advisor.
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