345 Ray Boulevard
Thunder Bay, ON
- 5 bed
- 2 bath
- Detached
- 128 days on market
New Listing. ATTENTION INVESTORS And Savvy Buyers ! This Property Offers Incredible Potential in A Prime Location Minutes From the University on Ray BLVD. Two Units Ideal for Multi-Generational Living or a Live-In/Offset Your Mortgage Set-up. 2 Separate Driveways and a Garage on a 65' Wide Lot. While The Property Does Require TLC, This is Exactly Where The Opportunity Lies. Call Today For Your Private Viewing !
Listing Details
- Taxes (2025)
- $4,102
- Originally Listed
- $279,900
- Listed
- May 6, 2026
Price History
Listing history
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Property
- Style
- Other
- Construction
- Unknown
- Roof
- Asphalt Shingle
- Foundation
- Block
- Interior
- Other
- Lot Size
- 65.76 x 110.6 Feet
Parking
- Garage
- None
- Covered Spaces
- 1
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- South of Oliver Road
- Parcel Number
- 621300106
- Occupancy
- Owner+Tenant
Included
- Inclusions
- All Appliances AS-IS CONDITION
Schools
Elementary
- Ecole Gron Morgan Public School0.7 km
Public · Lakehead DSB · 770 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 58% met the provincial standard
- Corpus Christi Catholic Elementary School0.9 km
Catholic · Thunder Bay CDSB · 265 students
Grade 3 reading: 65% met the provincial standard · Grade 6 math: 66% met the provincial standard
- Bishop E. Q. Jennings Senior Elementary School1.2 km
Catholic · Thunder Bay CDSB · 260 students
Secondary
- Hammarskjold High School1.8 km
Public · Lakehead DSB · 960 students
Grade 10 literacy: 88% met the provincial standard
- École secondaire catholique de La Vérendrye2.2 km
French Catholic · CSDC des Aurores boréales · 135 students
Grade 10 literacy: 90% met the provincial standard
- Superior Collegiate and Vocational Institute2.7 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
Residential Freehold in Thunder Bay · last 12 months
- Median sold price
- $410,000
- Homes sold
- 321
- Median days on market
- 14
- Sale-to-list price
- 106.8%
Based on 321 recorded sales of residential freehold properties in Thunder Bay over the last 12 months.
Rooms
3-piece on Second, 4-piece on Main
Second
- Bedroom 28'6" x 11'6"
- Bedroom 37' x 11'6"
- Bedroom 47'8" x 8'
- Kitchen
- Living Room10' x 13'6"
- Other
Main
- Bathroom
- Bedroom7' x 9'
- Dining Room11' x 12'6"
- Kitchen9' x 16'
- Living Room16' x 18'
- Primary Bedroom10' x 13'7"
Listed by
RE/MAX FIRST CHOICE REALTY LTD.
Walk Score
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Location
Street View
Mortgage Calculator
$69,000
Estimated Monthly Payment
$1,695
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: $1,695/mo (20% down, 5.5%)
Taxes: $342/mo · Insurance: $86/mo
Estimates only. Consult a financial advisor.
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