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2603 - 2605 Rankin Street

2603 - 2605 Rankin Street

Thunder Bay, ON

  • 2 bed
  • 2 bath
  • approx. 1100-1500 sqft
  • Duplex
$399,999

Great investment. duplex, One side is vacant, other side is rented on both levels. Vaulted ceilings. quiet Edgewater location.

Listing Details

Taxes (2025)
$4,474
Listed
September 10, 2026

Price History

Property

Style
Bungalow
Construction
Brick, Stucco (Plaster)
Roof
Unknown
Foundation
Block
Interior
In-Law Suite
Lot Size
50 x 108 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
2

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Victoria Ave.
Parcel Number
620930051
Possession
Flexible
Occupancy
Tenant

Included

Inclusions
2 Fridge , 2 Stove, all as is condition
Rental Items
2 hot water tank , 1 furnace

Schools

Elementary

  • St Thomas Aquinas Catholic Elementary School0.2 km

    Catholic · Thunder Bay CDSB · 205 students

    Grade 3 reading: 84% met the provincial standard · Grade 6 math: 70% met the provincial standard

  • Westmount Public School0.6 km

    Public · Lakehead DSB · 330 students

    Grade 3 reading: 68% met the provincial standard · Grade 6 math: 68% met the provincial standard

  • Ecole Elsie MacGill PS (Elementary)0.8 km

    Public · Lakehead DSB · 800 students

    Grade 3 reading: 81% met the provincial standard · Grade 6 math: 56% met the provincial standard

Secondary

  • Lakehead Alternative School0.3 km

    Public · Lakehead DSB

  • St Patrick High School1.3 km

    Catholic · Thunder Bay CDSB · 1030 students

    Grade 10 literacy: 76% met the provincial standard

  • TB Catholic Alternative Education1.3 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 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

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

4-piece on Main, 4-piece on Basement

Main

  • Bathroom5' x 8'
  • Bedroom12'11" x 10'
  • Dining Room8'10" x 8'2"
  • Kitchen6' x 12'4"
  • Living Room11' x 15'1"

Basement

  • Bathroom5' x 8'
  • Bedroom 29'7" x 12'2"
  • Kitchen12' x 8'
  • Living Room15' x 11'

Listed by

Royal LePage® Lannon Realty

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$80,000

Estimated Monthly Payment

$1,965

Land transfer tax

Estimated land transfer tax$4,475

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: $1,965/mo (20% down, 5.5%)

Taxes: $373/mo · Insurance: $100/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions duplex, One side is vacant, other side is rented on both levels.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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