$234,900

For sale

372 Inchiquin Street, Thunder Bay - Single Family for Sale

372 Inchiquin Street, Thunder Bay, Ontario, P7B2L6

5 beds3 baths1 parking1,300 ft²49 × 160 ft (7,856 sq ft) lot sizeListed 8 days ago

Overview

This 5-bedroom, 3-bathroom home in Thunder Bay is for sale offering roughly 1,300 sq ft of space. It has been on the market 8 days, fresher than the Thunder Bay average of 109 days.

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Description

New Listing! Opportunity awaits at 372 Inchiquin Street! Whether you're a first time buyer looking to make homeownership more affordable or an investor searching for your next project, this spacious property offers plenty of potential. Featuring approximately 1,437 sq. ft. above grade, this detached two storey home offers 5 bedrooms, 3 bathrooms, generous living space and a partly finished basement. Downstairs, you'll find a second kitchen, rec room and separate entrance, creating excellent potential for a secondary unit or additional space. Situated on a deep 49' x 160' lot with a private driveway, the property offers plenty of outdoor space and room to make it your own. Conveniently located near everyday amenities, transit, and recreation, this is an affordable opportunity to enter the market, renovate to suit your needs or explore its income potential. With space , flexibility and a price point that leaves room for possibilities, 372 Inchiquin Street is ready for its next chapter. (id:66096)

Property Details

MLS®: X14122468
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 1
Interior Size: 1,300 ft²
Lot Size: 49 × 160 ft (7,856 sq ft)
Frontage: 49 ft
Storeys: 2
Basement: Partially finished, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Window air conditioner
Garage: No Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Kitchen: 3.18 x 2.52 meters
Dining room: 2.16 x 1.83 meters
Living room: 5.51 x 4.98 meters
Bedroom: 3.07 x 3.45 meters
Bedroom 2: 3.15 x 3.05 meters

Second level

Bedroom 3: 2.79 x 2.67 meters
Bedroom 4: 2.82 x 3.2 meters
Bedroom 5: 2.49 x 1.83 meters

Basement

Recreational, Games room: 7.9 x 3.23 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, Water meter, Stove, Dryer
Foundation: Concrete
Exterior: Shingles
Lot Features: Sump Pump

Services

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

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Thunder Bay listings, avg age

109d

Price / ft²

$181

List price

$235K

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 107.4 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 5-bed single family in Thunder Bay has been listed for 8 days, which is 101 days fresher than the city average of 109. Act while there is still low competition.

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Listed by REMAX First Choice Realty Ltd. · Kate Pasinelli

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P7B)

This home lists at $234,900, about 3.4× the local median household income of $70,000.

Carrying it typically needs a household income of about $45,884 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$234,900· $181/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $11,745

Min 5%50%

Mortgage payment$1,237/mo

↳ CMHC premium ($8,926 capitalized)

Property tax (est.)$160/mo

Total monthly$1,397

Cash Needed to Close

Down payment (5%)$11,745

Land transfer tax$2,074

Est. closing costs$3,205

Total cash needed$17,024

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