$1,190,000

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2260 Sleeping Giant Parkway, Thunder Bay (Lakefront) - Single Family for Sale

2260 Sleeping Giant Parkway, Thunder Bay (Lakefront), Ontario, P7A0E7

4 beds3 baths2 parking condo fee

#2103 2260 Sleeping Giant Parkway, Thunder Bay (Lakefront), Ontario, P7A0E7

2 bd2 ba+$734/mo

Listed by Re/Max First Choice Realty Ltd.

#2403 2260 Sleeping Giant Parkway, Thunder Bay (Lakefront), Ontario, P7A0E7

For salePrice drop

104 days ago

$699K$725K

↓ $26K (4%) price drop

#2403 2260 Sleeping Giant Parkway, Thunder Bay (Lakefront), Ontario, P7A0E7

2 bd2 ba2 pk1,300 ft²+$728/mo

Listed by Royal LePage® Lannon Realty

Investment analysis

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$1,190,000

Thunder Bay

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Description

**THIS IS WHAT HEAVEN FEELS LIKE** THUNDER BAYS MOST LUXURIOUS WATERFRONT PENTHOUSE***2168 sf with 4Bdrm +3Bth+ 3 BALCONIES *STUNNING VIEWS THE SLEEPING GIANT* Too many features to list. Come experience Thunder Bay's Biggest Best Luxury Waterfront Penthouse. *** BONUS 2 INDOOR PARKING SPOTS INCLUDED*By Appointment Only*** (id:66096)

Property Details

MLS®: X13473170
Property Type: Single Family
Zoning: Waterfront Commercial Zone
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Basement: Unfinished, Other, See Remarks, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Air exchanger
Garage: Attached Garage, Garage
Waterfront: Yes
Condo Fee: $1,210/mo
Fee Includes: Common Area Maintenance, Water, Parking
Ownership: Condo/Strata
Property Tax: $14,985/yr
Listed: 135 days ago

Rooms

Main level

Bedroom 4: 3.04 x 3.81 meters
Other
Other
Bedroom 3: 3.04 x 3.96 meters
Other
Living room: 4.87 x 6.7 meters
Primary Bedroom: 4.87 x 6.7 meters
Kitchen: 3.35 x 4.57 meters
Dining room: 3.04 x 3.65 meters
Bedroom 2: 3.04 x 3.96 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, Intercom, Stove, Dryer, Microwave
Foundation: Poured Concrete
Exterior: Concrete
Lot Features: Elevator, Wheelchair access

Services

Water: Municipal water
Utilities: Cable, Telephone, Natural Gas Available, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

135d

Thunder Bay (Lakefront) listings, avg age

254d

List price

$1.19M

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.

Area context

Neighbourhood profile (P7A)

This home lists at $1,190,000, about 15.2× the local median household income of $78,500.

Carrying it typically needs a household income of about $232,449 (20% down, 25-yr amortization, stress-tested) — roughly 196% above the area median.

Median household income: $78,500
Population: 28,587
Median age: 47.2
Owner / renter: 69% / 31%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA P7A)

$1,190,000

For sale

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Full Cost Breakdown

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Down Payment7.90% · $94,000

Min 7.90%50%

Mortgage payment$6,076/mo

↳ CMHC premium ($43,840 capitalized)

Property tax (est.)$1,249/mo

Condo fee$1,210/mo

Total monthly$8,535

Cash Needed to Close

Down payment (7.90%)$94,000

Land transfer tax$20,275

Est. closing costs$6,070

Total cash needed$120,345

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

2260 Sleeping Giant Parkway, Thunder Bay (Lakefront) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (P7A)

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Full Cost Breakdown