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54 Summit Avenue

54 Summit Avenue

Thunder Bay, ON

  • 5 bed
  • 3 bath
  • approx. 2000-2500 sqft
  • Detached
$674,900Price reduced 4%

A Rare Mariday Park Opportunity! Tucked into one of Thunder Bay’s most cherished and tightly held neighbourhoods, 54 Summit Ave. is a spacious 5-bedroom, 3-bathroom family home that blends timeless warmth with thoughtful modern updates. Set among mature trees and beautiful established homes, this is a neighbourhood where community still matters—just steps from Hillcrest Park and within easy walking distance of schools, downtown and the waterfront. Inside, hardwood floors and neutral contemporary finishes create a timeless, inviting backdrop. The main floor is ideal for both everyday living and entertaining, with a generous living room featuring a cozy gas fireplace and adjoining library or study. The modern kitchen offers granite countertops, a large island and an open connection to the dining room. A convenient half bath is located near the rear entrance. The large rear addition creates a private primary bedroom retreat with a 3-piece ensuite, plus a versatile second room perfect for a home office, gym, studio or quiet getaway. Upstairs, four additional bedrooms and an updated 4-piece bathroom provide excellent space for family and guests. A rooftop space above the addition offers a unique spot for evening drinks and stargazing. The lower level features a comfortable insulated rec room, laundry and utility area, plus a large unfinished space ideal for storage, hobbies or future possibilities. Outside, enjoy a large deck overlooking the fully fenced yard, established raspberry bushes and raised garden beds. A large storage room with exterior access adds even more practical space. Move-in ready and complete with appliances, 54 Summit Ave. offers exceptional space, character and walkability in one of Thunder Bay’s most desirable neighbourhoods. A rare opportunity to become part of Mariday Park!

Listing Details

Taxes (2025)
$6,776
Originally Listed
$699,900
Listed
August 25, 2026

Price History

Property

Style
2-Storey
Construction
Other
Roof
Asphalt Shingle
Foundation
Block, Poured Concrete
Interior
Storage, Other
Lot Size
50 x 126.7 Feet

Parking

Garage
None
Covered Spaces
0

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Corner of Beresford St.
Parcel Number
621650129
Occupancy
Owner

Included

Inclusions
Fridge, Stove, Washer, Dryer, window coverings, closet organizers. Buyer agrees to assume any other contents of home and yard left at closing.
Rental Items
Hot Water Tank

Schools

Elementary

  • Corpus Christi Catholic Elementary School0.6 km

    Catholic · Thunder Bay CDSB · 265 students

    Grade 3 reading: 65% met the provincial standard · Grade 6 math: 66% met the provincial standard

  • Ecole Gron Morgan Public School0.8 km

    Public · Lakehead DSB · 770 students

    Grade 3 reading: 77% met the provincial standard · Grade 6 math: 58% met the provincial standard

  • École catholique de La Vérendrye1 km

    French Catholic · CSDC des Aurores boréales · 90 students

Secondary

  • École secondaire catholique de La Vérendrye1 km

    French Catholic · CSDC des Aurores boréales · 135 students

    Grade 10 literacy: 90% met the provincial standard

  • Hammarskjold High School1.3 km

    Public · Lakehead DSB · 960 students

    Grade 10 literacy: 88% met the provincial standard

  • Superior Collegiate and Vocational Institute1.6 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
$407,500
Homes sold
372
Median days on market
15
Sale-to-list price
106.7%

Based on 372 recorded sales of residential freehold properties in Thunder Bay over the last 12 months.

Rooms

2-piece on Main, 3-piece on Main, 4-piece on Second

Second

  • Bathroom
  • Bedroom13'5" x 8'2"
  • Bedroom 212'2" x 9'1"
  • Bedroom 310'1" x 8'3"
  • Bedroom 413'6" x 11'1"

Main

  • Bathroom
  • Dining Room12'6" x 11'6"
  • Kitchen17'1" x 10'10"
  • Living Room
  • Office12'8" x 10'1"
  • Other
  • Primary Bedroom13'2" x 12'3"

Basement

  • Laundry25'7" x 13'3"
  • Other28'8" x 14'4"
  • Recreation19'2" x 10'8"

Listed by

Neighbourly Realty Thunder Bay Inc.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$134,980

Estimated Monthly Payment

$3,316

Land transfer tax

Estimated land transfer tax$9,973

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: $3,316/mo (20% down, 5.5%)

Taxes: $565/mo · Insurance: $169/mo

Estimates only. Consult a financial advisor.

R

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