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118 Franklin Street

118 Franklin Street

Thunder Bay, ON

  • 3 bed
  • 2 bath
  • approx. 700-1100 sqft
  • Detached
$314,900

Solid All-Brick 2+1 Bedroom Bungalow in a Family-Friendly Neighborhood! Whether you are looking to purchase your very first home or downsize into easy, low-maintenance living, this move-in ready all-brick bungalow offers the perfect balance of practical comfort, curb appeal, and local lifestyle convenience. Step onto the inviting front sunroom porch-a bright, cozy space perfect for morning coffee or unwinding with a book. Inside, you'll find a functional floor plan featuring 2 main-floor bedrooms, 2 full bathrooms, and an additional lower-level bedroom ideal for guests, an older child, or a home office. The finished basement rec room features a convenient walk-out directly to a fully fenced, private backyard complete with a relaxing patio-making outdoor entertaining and watching the kids or pets play completely effortless. Back parking is a breeze with a covered carport attached to the storage shed. Location is everything! Situated just steps from a popular neighborhood splash pad for the little ones and within easy walking distance to a fantastic local bakery for weekend treats, this home offers a vibrant community feel with all essential amenities right at your doorstep.

Listing Details

Taxes (2025)
$2,784
Listed
September 15, 2026

Price History

Property

Style
Bungalow
Construction
Brick
Roof
Asphalt Shingle
Foundation
Block
Interior
Primary Bedroom - Main Floor, Upgraded Insulation, Bar Fridge, Water Heater
Lot Size
33 x 125 Feet

Parking

Garage
Carport
Covered Spaces
0
Total Parking
2

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Victoria Franklin
Parcel Number
620860030
Possession
Flexible
Occupancy
Owner

Included

Inclusions
fridge stove washer dryer mini fridge in bar
Exclusions
n/a
Rental Items
HWT - Security system (tbaytel)

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 School1.3 km

    Catholic · Thunder Bay CDSB · 255 students

    Grade 3 reading: 85% met the provincial standard · Grade 6 math: 48% met the provincial standard

Secondary

  • Lakehead Alternative School1 km

    Public · Lakehead DSB

  • St Patrick High School1.1 km

    Catholic · Thunder Bay CDSB · 1030 students

    Grade 10 literacy: 76% met the provincial standard

  • TB Catholic Alternative Education1.1 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 P7C

Population
21,695
Private dwellings
10,098
Median age
42.4
Average household size
2.2
Median household income
$72,500

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
363
Median days on market
15
Sale-to-list price
106.6%

Based on 363 recorded sales of residential freehold properties in Thunder Bay over the last 12 months.

Rooms

4-piece on Main, 3-piece on Basement

Main

  • Bedroom 28'10" x 7'11"
  • Dining Room10'8" x 8'1"
  • Kitchen17'7" x 7'4"
  • Living Room22'10" x 11'1"
  • Primary Bedroom11'1" x 10'10"

Basement

  • Bedroom 312' x 10'9"
  • Recreation18'10" x 10'10"

Listed by

Royal LePage® Lannon Realty

Walk Score

86

Walk

48

Transit

79

Bike

Scores by Walk Score®

Mortgage Calculator

$62,980

Estimated Monthly Payment

$1,547

Land transfer tax

Estimated land transfer tax$3,199

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: $1,547/mo (20% down, 5.5%)

Taxes: $232/mo · Insurance: $79/mo

Estimates only. Consult a financial advisor.

R

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