Address not available
Thunder Bay, Ontario
Multi-family
Attention Investors! Turnkey legal triplex in the heart of Downtown Thunder Bay, just minutes from the Law School, courthouse, shopping, transit, and all amenities. This solid income property features one 1-bedroom unit and two 2-bedroom units, all with separate hydro meters, fire escape doors, and three off-street parking spaces. Enjoy guaranteed rental income through established community housing partnerships, offering dependable cash flow and peace of mind. Recent updates include the roof, soffit, and fascia. A fantastic opportunity to add a low-maintenance, income-producing property to your investment portfolio.
Price History
Schools
Elementary
- École catholique de La Vérendrye0.9 km
French Catholic · CSDC des Aurores boréales · 90 students
- École catholique Franco-Supérieur1.1 km
French Catholic · CSDC des Aurores boréales · 310 students
Grade 3 reading: 62% met the provincial standard · Grade 6 math: 81% met the provincial standard
- Corpus Christi Catholic Elementary School1.2 km
Catholic · Thunder Bay CDSB · 265 students
Grade 3 reading: 65% met the provincial standard · Grade 6 math: 66% met the provincial standard
Secondary
- École secondaire catholique de La Vérendrye0.9 km
French Catholic · CSDC des Aurores boréales · 135 students
Grade 10 literacy: 90% met the provincial standard
- Superior Collegiate and Vocational Institute1.5 km
Public · Lakehead DSB · 685 students
Grade 10 literacy: 76% met the provincial standard
- Hammarskjold High School1.9 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 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
Multi-family in Thunder Bay · last 12 months
- Median sold price
- $420,000
- Homes sold
- 200
- Median days on market
- 14
- Sale-to-list price
- 107.6%
Based on 200 recorded sales of multi-family properties in Thunder Bay over the last 12 months.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Mortgage Calculator
$97,980
Estimated Monthly Payment
$2,407
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,407/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $122/mo
Estimates only. Consult a financial advisor.