$695,000

For saleJust listed

Book a showing

271 Wilson Street, Thunder Bay (Court / Cumberland) - Multi-family for Sale

271 Wilson Street, Thunder Bay (Court / Cumberland), Ontario, P7B1N1

6 beds3 baths parking

350 Bay Street, Thunder Bay (Court / Cumberland), Ontario, P7B1S3

9 bd6 ba6 pk4,250 ft²Lot size 66 × 100 ft (6,600 sq ft)

Listed by Royal LePage® Lannon Realty

218 Powley Street, Thunder Bay (Court / Cumberland), Ontario, P7A2K9

For sale

92 days ago

$535K

218 Powley Street, Thunder Bay (Court / Cumberland), Ontario, P7A2K9

Lot size 52 × 120 ft (6,240 sq ft)

Listed by Re/Max First Choice Realty Ltd.

38-42 CUMBERLAND, Thunder Bay (Court / Cumberland), Ontario, P7B2T5

For sale

131 days ago

$2.50M

38-42 CUMBERLAND, Thunder Bay (Court / Cumberland), Ontario, P7B2T5

Lot size 66 × 120 ft (7,920 sq ft)

Listed by Royal LePage® Lannon Realty

Investment analysis

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$695,000

Thunder Bay

Book a showing

48 × 100 ft (4,810 sq ft) lot size

Overview

This multi-family property in Thunder Bay is for sale offering roughly 1,750 sq ft of space. It has been on the market 5 days, fresher than the Thunder Bay average of 67 days.

Multi-Family Properties for Sale in Thunder Bay →All real estate in Thunder Bay →

Description

Attention investors. Northside completely renovated and fully tenanted 3 plex. All units include fridges, stoves, washers and dryers. immaculately kept.Private entrances. Adjacent building lot also available. (id:66096)

Property Details

MLS®: X14131318
Property Type: Multi-family
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 3
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 48 × 100 ft (4,810 sq ft)
Frontage: 48 ft
Storeys: 2
Basement: Separate entrance, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Property Tax: $4,211.66/yr
Listed: 5 days ago

Rooms

Ground level

Living room: 4.27 x 3.66 meters
Bedroom: 3.35 x 3.05 meters
Bedroom 2: 3.66 x 2.74 meters
Kitchen: 4.27 x 3.05 meters
Bathroom: 2.44 x 1.83 meters

Basement

Living room: 4.88 x 3.05 meters
Bedroom: 3.05 x 2.44 meters
Bedroom 2: 3.35 x 2.74 meters
Kitchen: 3.66 x 2.13 meters
Bathroom: 2.44 x 1.83 meters

Second level

Living room: 5.49 x 3.05 meters
Bedroom: 3.66 x 3.35 meters
Bedroom 2: 3.66 x 3.66 meters
Kitchen: 4.27 x 3.05 meters
Bathroom: 2.44 x 1.83 meters

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

Features

Appliances: All, Water meter
Foundation: Block
Exterior: Vinyl siding
Lot Features: Level, Carpet Free

Services

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

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Thunder Bay (Court / Cumberland) listings, avg age

67d

Price / ft²

$397

List price

$695K

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 6-bed multi-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.

Set a price alert Book a showing

Listed by Royal LePage® Lannon Realty · John Doman

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P7B)

This home lists at $695,000, about 9.9× the local median household income of $70,000.

Carrying it typically needs a household income of about $135,758 (20% down, 25-yr amortization, stress-tested) — roughly 94% above 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)

$695,000· $397/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment6.40% · $44,500.00

Min 6.40%50%

Mortgage payment$3,606/mo

↳ CMHC premium ($26,020 capitalized)

Property tax (est.)$351/mo

Total monthly$3,957

Cash Needed to Close

Down payment (6.40%)$44,500

Land transfer tax$10,375

Est. closing costs$4,585

Total cash needed$59,460

Get Pre-Approved · Free & Fast

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