$389,900

For sale

349 Algoma Street North, Thunder Bay (Court / Cumberland) - Single Family for Sale

349 Algoma Street North, Thunder Bay (Court / Cumberland), Ontario, P7A5B4

3 beds2 baths2 parking1,300 ft²54 × 150 ft (8,100 sq ft) lot sizeListed 14 days ago

Overview

This 3-bedroom, 2-bathroom home in Thunder Bay is for sale offering roughly 1,300 sq ft of space. It has been on the market 14 days, fresher than the Thunder Bay average of 67 days.

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Description

Well-maintained and full of original charm and character, this inviting home offers a wonderful blend of timeless appeal and comfortable living. The main floor features original hardwood floors, a separate dining room, and plenty of windows that fill the home with natural light. The kitchen overlooks the large, fully fenced backyard and deck, creating a lovely space to enjoy outdoor living. A main-floor bedroom with custom built-in closet organizers adds both convenience and functionality .Upstairs, you'll find a spacious primary bedroom, an additional bedroom, and a convenient 2-piece bathroom. The generous backyard offers plenty of room to build a garage, providing excellent potential to further enhance the property .Ideally located just minutes from Boulevard Lake, this home offers easy access to scenic walking paths and the opportunity to enjoy peaceful neighborhood strolls while taking in beautiful lake views. Full of character, outdoor space, and potential, this is a wonderful place to call home! (id:66096)

Property Details

MLS®: X14102366
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 54 × 150 ft (8,100 sq ft)
Frontage: 54 ft
Storeys: 1
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Air exchanger
Garage: No Garage
Ownership: Freehold
Property Tax: $4,100/yr

Rooms

Main level

Living room: 3.96 x 4.88 meters
Dining room: 3.11 x 3.79 meters
Bedroom 2: 2.74 x 3.73 meters
Kitchen: 3.35 x 3.66 meters
Bathroom: 1.52 x 2.69 meters

Second level

Bedroom 3: 3.12 x 4.57 meters
Primary Bedroom: 4.14 x 4.27 meters
Bathroom: 1.22 x 1.22 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, Water Heater
Flooring: Hardwood, Laminate
Foundation: Concrete
Exterior: Stucco

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Thunder Bay (Court / Cumberland) listings, avg age

67d

Price / ft²

$300

List price

$390K

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 (Court / Cumberland) has been listed for 14 days, which is 53 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 · Gina Winters

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P7A)

This home lists at $389,900, about 5.0× the local median household income of $78,500.

Carrying it typically needs a household income of about $76,161 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$389,900· $300/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,495

Min 5%50%

Mortgage payment$2,054/mo

↳ CMHC premium ($14,816 capitalized)

Property tax (est.)$342/mo

Total monthly$2,395

Cash Needed to Close

Down payment (5%)$19,495

Land transfer tax$4,324

Est. closing costs$3,670

Total cash needed$27,489

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