504 Frederica Street
Thunder Bay, ON
- 4 bed
- 2 bath
- approx. 700-1100 sqft
- Detached
Turnkey income property in Westfort! This 900 sq.ft. bungalow offers 2 bedrooms and 1 bath on the main level, plus a separate 2-bedroom, 1-bath unit with its own kitchen in the basement - shared laundry serves both units. Fully rented and generating solid income, this is an excellent opportunity for investors. Located in the established Westfort neighbourhood, the property is close to schools, public transit, places of worship, and convenience shopping, with easy access to employment and everyday amenities.
Listing Details
- Taxes (2025)
- $2,840
- Listed
- September 17, 2026
Price History
Property
- Style
- Bungalow
- Construction
- Brick, Stucco (Plaster)
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete
- Interior
- Primary Bedroom - Main Floor, Other
- Lot Size
- 50 x 113.5 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 1
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- James ST. S.
- Zoning
- UL
- Parcel Number
- 620250071
- Possession
- 30-59 days
- Occupancy
- Tenant
Included
- Inclusions
- Every stays. All in as-is where-is condition.
- Exclusions
- None
- Rental Items
- HWT (Enercare)
Schools
Elementary
- St Ann Catholic Elementary School0.9 km
Catholic · Thunder Bay CDSB · 205 students
Grade 3 reading: 100% met the provincial standard · Grade 6 math: 11% met the provincial standard
- St Martin Catholic Elementary School1 km
Catholic · Thunder Bay CDSB · 470 students
Grade 3 reading: 74% met the provincial standard · Grade 6 math: 38% met the provincial standard
- Westmount Public School1.8 km
Public · Lakehead DSB · 330 students
Grade 3 reading: 68% met the provincial standard · Grade 6 math: 68% met the provincial standard
Secondary
- Westgate Collegiate and Vocational Institute0.9 km
Public · Lakehead DSB · 1075 students
Grade 10 literacy: 75% met the provincial standard
- TB Catholic Alternative Education2.4 km
Catholic · Thunder Bay CDSB
- St Patrick High School2.5 km
Catholic · Thunder Bay CDSB · 1030 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 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
- Bedroom 210' x 10'
- Kitchen8' x 10'
- Living Room12' x 12'
- Primary Bedroom12' x 10'
Basement
- Bedroom 310' x 12'
- Bedroom 410' x 8'
- Kitchen10' x 15'
- Laundry8' x 8'
Listed by
Royal LePage® Lannon Realty
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$74,900
Estimated Monthly Payment
$1,840
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: $1,840/mo (20% down, 5.5%)
Taxes: $237/mo · Insurance: $94/mo
Estimates only. Consult a financial advisor.
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