
314 Edward Street N
Thunder Bay, Ontario
- 4 bed
- 2 bath
- Single Family
New Listing! Welcome to 314 Edward Street North, a versatile property offering space, flexibility, and exciting income potential. Whether you're looking for a family home with room for extended family or exploring the possibility of generating rental income, this property is worth a closer look. The main level features 3 spacious bedrooms, 1 full bathroom, and a functional layout designed for comfortable everyday living. The lower level includes a second kitchen, 1 bedroom, and 1 bathroom, providing excellent flexibility for multi-generational living, guests, or potential income opportunities. Step outside to enjoy a generous deck overlooking the fully fenced backyard, creating the perfect setting for entertaining, relaxing, or enjoying time with family and pets. Conveniently located close to schools, shopping, and everyday amenities, this home offers exceptional value in a desirable Northwood neighborhood. With two kitchens and a versatile layout, 314 Edward Street N. presents outstanding potential for homeowners and investors alike. (Buyers to do their due diligence to verify the legality of the basement suite) Contact me today to schedule your private viewing!
Price History
Schools
Elementary
- Ecole Elsie MacGill PS (Elementary)0.2 km
Public · Lakehead DSB · 800 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 56% met the provincial standard
- St Thomas Aquinas Catholic Elementary School0.6 km
Catholic · Thunder Bay CDSB · 205 students
Grade 3 reading: 84% met the provincial standard · Grade 6 math: 70% met the provincial standard
- St Vincent Catholic Elementary School0.7 km
Catholic · Thunder Bay CDSB · 140 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 32% met the provincial standard
Secondary
- Lakehead Alternative School0.8 km
Public · Lakehead DSB
- Westgate Collegiate and Vocational Institute1.9 km
Public · Lakehead DSB · 1075 students
Grade 10 literacy: 75% met the provincial standard
- TB Catholic Alternative Education1.9 km
Catholic · Thunder Bay CDSB
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 P7C
- Population
- 21,695
- Private dwellings
- 10,098
- Median age
- 42.4
- Average household size
- 2.2
- Median household income
- $72,500
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
- 299
- Median days on market
- 14
- Sale-to-list price
- 107.0%
Based on 299 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
$77,980
Estimated Monthly Payment
$1,915
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: $1,915/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $97/mo
Estimates only. Consult a financial advisor.
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