$469,900

For sale

238 Algoma Street North, Thunder Bay (Shuniah) - Single Family for Sale

238 Algoma Street North, Thunder Bay (Shuniah), Ontario, P7A5A4

3 beds2 baths6 parking1,750 ft²60 × 150 ft (9,000 sq ft) lot sizeListed 9 days ago

Overview

This 3-bedroom, 2-bathroom home in Thunder Bay is for sale offering roughly 1,750 sq ft of space. It has been on the market 9 days, fresher than the Thunder Bay average of 32 days.

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Description

Beautifully updated and modernized character 2-storey home in a desirable shuniah location, within walking distance to many amenities. Situated on an impressive 60 x 150 ft lot with a private multi-space driveway at the rear, newly fully fenced yard, spacious deck for entertaining, and storage shed. Inside, the bright main floor features an open-concept layout with plenty of natural light, a modern kitchen with granite countertops, island and cabinetry, convenient main floor laundry, and an updated 2-piece bathroom. The large front foyer is currently being used as a versatile toy room. Upstairs features a very spacious primary bedroom with adjoining den area, ideal for a home office, workout space or walk-in closet, plus two additional bedrooms and a beautifully renovated full bathroom. The basement provides excellent additional storage space. A wonderful blend of character, modern updates, and functionality in a great location! (id:66096)

Property Details

MLS®: X14116308
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 6
Interior Size: 1,750 ft²
Lot Size: 60 × 150 ft (9,000 sq ft)
Frontage: 60 ft
Storeys: 2
Basement: Unfinished, Full
Heating: Baseboard heaters, Radiant heat, Electric, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $4,634.76/yr

Rooms

Main level

Kitchen: 8.18 x 3.56 meters
Foyer: 3.4 x 2.72 meters

Second level

Primary Bedroom: 4.57 x 3.53 meters
Den: 4.12 x 2.34 meters
Bedroom 2: 3.48 x 3.35 meters
Bedroom 3: 3.23 x 2.26 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, Stove, Dryer
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Thunder Bay (Shuniah) listings, avg age

32d

Price / ft²

$269

List price

$470K

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 3-bed single family in Thunder Bay (Shuniah) has been listed for 9 days, which is 23 days fresher than the city average of 32. Act while there is still low competition.

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Listed by Royal LePage® Lannon Realty · Kate Speziale

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P7A)

This home lists at $469,900, about 6.0× the local median household income of $78,500.

Carrying it typically needs a household income of about $91,788 (20% down, 25-yr amortization, stress-tested) — roughly 17% 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)

$469,900· $269/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,495

Min 5%50%

Mortgage payment$2,475/mo

↳ CMHC premium ($17,856 capitalized)

Property tax (est.)$386/mo

Total monthly$2,861

Cash Needed to Close

Down payment (5%)$23,495

Land transfer tax$5,873

Est. closing costs$3,910

Total cash needed$33,278

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