$149,900

For saleJust listed

169 Machar Avenue, Thunder Bay (Court / Cumberland) - Single Family for Sale

169 Machar Avenue, Thunder Bay (Court / Cumberland), Ontario, P7B2Y7

4 beds1 bath2 parking900 ft²50 × 122 ft (6,100 sq ft) lot sizeListed 5 days ago

Overview

This 4-bedroom, 1-bathroom home in Thunder Bay is for sale offering roughly 900 sq ft of space. It has been on the market 5 days, fresher than the Thunder Bay average of 67 days.

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Description

Affordable 4 bedroom home with a large lot and detached garage! This home offers plenty of space and a great opportunity for first-time buyers, investors or anyone looking for a renovation project. The main floor features a living room, kitchen, two bedrooms and a full bathroom, with two additional bedrooms upstairs. The basement provides extra space for storage or future improvements. Outside, you'll find a generous backyard, storage shed and a 16' x 24' insulated and wired detached garage. Improvements over the years include new windows and doors (2005), electrical panel (2007), plumbing updates and a sump pump with battery backup. With some cosmetic updating and a little vision, this property has plenty to offer. Don't miss this opportunity to make it your own! (id:66096)

Property Details

MLS®: X14132690
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 50 × 122 ft (6,100 sq ft)
Frontage: 50 ft
Storeys: 1
Basement: Full
Heating: Forced air, Oil
Cooling: None
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $2,134.19/yr
Listed: 5 days ago

Rooms

Main level

Primary Bedroom: 2.8 x 3.17 meters
Bedroom 2: 2.78 x 3.17 meters
Kitchen: 3.17 x 3.48 meters
Living room: 3.17 x 4.54 meters

Second level

Bedroom 3: 3.69 x 2.77 meters
Bedroom 4: 2.47 x 3.05 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer
Foundation: Block
Exterior: Vinyl siding
Lot Features: Lane, Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Thunder Bay (Court / Cumberland) listings, avg age

67d

Price / ft²

$167

List price

$150K

Homes here sell faster than most markets

Sold homes in this market spent an average of 24 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 107.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 4-bed single family in Thunder Bay (Court / Cumberland) has been listed for 5 days, which is 62 days fresher than the city average of 67. Act while there is still low competition.

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Listed by Royal LePage® Lannon Realty · Lacey Vander-Vegte

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P7B)

This home lists at $149,900, about 2.1× the local median household income of $70,000.

Carrying it typically needs a household income of about $29,281 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $70,000
Population: 22,675
Median age: 40.8
Owner / renter: 55% / 45%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P7B)

$149,900· $167/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $7,495

Min 5%50%

Mortgage payment$790/mo

↳ CMHC premium ($5,696 capitalized)

Property tax (est.)$178/mo

Total monthly$967

Cash Needed to Close

Down payment (5%)$7,495

Land transfer tax$1,224

Est. closing costs$2,950

Total cash needed$11,669

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