$299,900

For sale

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41 Machar Avenue, Thunder Bay (Court / Cumberland) - Single Family for Sale

41 Machar Avenue, Thunder Bay (Court / Cumberland), Ontario, P7B2Y4

4 beds2 baths2 parking ft²

109 Ontario Street, Thunder Bay (Court / Cumberland), Ontario, P7B3G1

3 bd1 ba4 pk350 ft²Lot size 45 × 124 ft (5,580 sq ft)

Listed by Century 21 Superior Realty Inc.

322 Cornwall Avenue, Thunder Bay (Court / Cumberland), Ontario, P7B1T1

For saleJust listed

Yesterday

$320K

322 Cornwall Avenue, Thunder Bay (Court / Cumberland), Ontario, P7B1T1

4 bd2 ba3 pk1,300 ft²Lot size 35 × 116 ft (4,048 sq ft)

Listed by Royal LePage® Lannon Realty

413 Ambrose Street, Thunder Bay (Court / Cumberland), Ontario, P7B1M3

For saleJust listed

5 days ago

$490K

413 Ambrose Street, Thunder Bay (Court / Cumberland), Ontario, P7B1M3

4 bd2 ba2 pk1,750 ft²Lot size 33 × 100 ft (3,300 sq ft)

Listed by REMAX First Choice Realty Ltd.

169 Machar Avenue, Thunder Bay (Court / Cumberland), Ontario, P7B2Y7

For saleJust listed

5 days ago

$150K

169 Machar Avenue, Thunder Bay (Court / Cumberland), Ontario, P7B2Y7

4 bd1 ba2 pk900 ft²Lot size 50 × 122 ft (6,100 sq ft)

Listed by Royal LePage® Lannon Realty

Investment analysis

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$299,900

Thunder Bay

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40 × 126 ft (5,036 sq ft) lot size

Overview

This 4-bedroom, 2-bathroom home in Thunder Bay is for sale offering roughly 900 sq ft of space. Listed at $299,900, it is attractively priced about 6% below the $320,000 median asking price in Thunder Bay. It has been on the market 19 days, fresher than the Thunder Bay average of 67 days.

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Description

Affordable 2 storey character home the Bay St / water front area. This home features 2 bedrooms above grade and 2 bonus rooms in the basement. Recently renovated this home is ready for immediate occupancy. Features include large living room/ dining room combination, with natural gas stove, large kitchen, remodelled 4pc bathroom on the second level, handy 2 pc bathroom on the main level referbished rear deck overlooking the back yard and city park land.Off Street parking. ** This is a linked property.** (id:66096)

Property Details

MLS®: X14089358
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 2 above · 2 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 40 × 126 ft (5,036 sq ft)
Frontage: 40 ft
Storeys: 2
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $2,209/yr
Listed: 19 days ago

Rooms

Ground level

Living room: 3.96 x 3.35 meters
Dining room: 3.35 x 2.74 meters
Kitchen: 4.57 x 3.05 meters
Bathroom

Second level

Primary Bedroom: 4.57 x 3.35 meters
Bedroom 2: 3.05 x 2.13 meters
Bathroom

Basement

Bedroom 3: 2.74 x 2.44 meters
Bedroom 4: 2.44 x 2.13 meters

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

Features

Appliances: Water meter
Flooring: Concrete, Hardwood, Vinyl
Foundation: Block
Exterior: Aluminum siding
Lot Features: Backs on greenbelt, Sauna

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

19d

Thunder Bay (Court / Cumberland) listings, avg age

67d

Price / ft²

$333

List price

$300K

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 4-bed single family in Thunder Bay (Court / Cumberland) has been listed for 19 days, which is 48 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 · John Doman

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P7B)

This home lists at $299,900, about 4.3× the local median household income of $70,000.

Carrying it typically needs a household income of about $58,581 (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)

$299,900· $333/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,995

Min 5%50%

Mortgage payment$1,580/mo

↳ CMHC premium ($11,396 capitalized)

Property tax (est.)$184/mo

Total monthly$1,764

Cash Needed to Close

Down payment (5%)$14,995

Land transfer tax$2,974

Est. closing costs$3,400

Total cash needed$21,369

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