1103 Donald Street East
Thunder Bay, Ontario
- Multi-family
Purpose-Built 4-Plex Investment Opportunity! Excellent investment opportunity with this purpose-built, all-brick 4-plex in the desirable McKellar Park area, conveniently located close to all amenities. Situated on a manageable, low-maintenance lot, this fully rented property offers dependable cash flow and outstanding long-term investment potential. This well-maintained building features an excellent unit mix of 3 2-bedroom units and 1 1-bedroom unit. Each unit includes its own refrigerator and stove, while the coin-operated laundry provides an additional source of income. Recent updates include new shingles (2025), adding to the property’s low-maintenance appeal. Purpose-built construction, solid all-brick exterior, and a prime location make this an exceptional turnkey investment with reliable rental income and excellent long-term value. Visit www.neilirwin.ca for more information.
Price History
Property
- Lot Size
- 0.09 acres
Schools
Elementary
- Pope John Paul II Elementary School0.3 km
Catholic · Thunder Bay CDSB · 530 students
- McKellar Park Central Public School0.6 km
Public · Lakehead DSB · 130 students
Grade 3 reading: 90% met the provincial standard · Grade 6 math: 7% met the provincial standard
- St Elizabeth Catholic Elementary School1.2 km
Catholic · Thunder Bay CDSB · 255 students
Grade 3 reading: 85% met the provincial standard · Grade 6 math: 48% met the provincial standard
Secondary
- St Patrick High School1 km
Catholic · Thunder Bay CDSB · 1030 students
Grade 10 literacy: 76% met the provincial standard
- TB Catholic Alternative Education1 km
Catholic · Thunder Bay CDSB
- Lakehead Alternative School1.3 km
Public · Lakehead DSB
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 P7E
- Population
- 20,897
- Private dwellings
- 10,401
- Median age
- 44.4
- Average household size
- 2.1
- Median household income
- $68,500
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
Multi-family in Thunder Bay · last 12 months
- Median sold price
- $415,000
- Homes sold
- 281
- Median days on market
- 14
- Sale-to-list price
- 107.2%
Based on 281 recorded sales of multi-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
$129,960
Estimated Monthly Payment
$3,192
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: $3,192/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $162/mo
Estimates only. Consult a financial advisor.
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