303 Frederica Street West, Thunder Bay (Westfort), Ontario, P7E3W4
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$595,000
Thunder Bay
This multi-family property in Thunder Bay is for sale.
Great Investment Opportunity. Legal 4 Plex Built in 1999, Situated In A Great Area Close To James Street, Bus Service, Coffee, and many other Amenities. Currently Full Tenanted, each Bi-Level Style Unit Features an Open Layout on The Main with 3 Units having 2 Bedrooms and Bathroom on The Lower Level, and the 4th Unit having 1 Bedroom and Bathroom on the Lower Level. Total Rents $6414 a Month Inclusive of Utilities. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 160 days on market, against an average age of 36 days across the listings currently for sale in this city
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.
This multi-family in Thunder Bay (Westfort) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $595,000, about 8.7× the local median household income of $68,500.
Carrying it typically needs a household income of about $116,224 (20% down, 25-yr amortization, stress-tested) — roughly 70% above the area median.
Source: Statistics Canada, 2021 Census (FSA P7E)
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Loading rates, 30-yr amortization
Cash Needed to Close
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