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$159,900
Thunder Bay
531 Mctavish Street, Thunder Bay (East End), Ontario, P7C3C4
This 1-bedroom, 1-bathroom home in Thunder Bay is for sale offering roughly 900 sq ft of space. Listed at $159,900, it is attractively priced about 36% below the $249,900 median asking price in Thunder Bay. It has been on the market 22 days, fresher than the Thunder Bay average of 45 days.
Your first home doesn't have to be big-it just has to be yours! If you're tired of watching your hard-earned money disappear into rent each month, this charming 1-bedroom, 1.5-storey home could be the opportunity you've been waiting for to get into the market and start building equity of your own. Built in 1910 and lovingly kept in the same family for years, it's now ready for a new owner to begin the next chapter. Filled with character, the living and dining rooms are separated by gorgeous original woodwork, while the large eat-in kitchen brings back memories of when the kitchen was the heart of every home and everyone gathered around the table. Upstairs, the spacious primary suite offers a comfortable retreat and is conveniently located next to the bathroom with its classic claw-foot tub. Enjoy morning coffee on the front porch, summer evenings on the back porch, and the freedom of having your own fully fenced backyard with room for a vegetable garden, pets or outdoor entertaining, plus a large storage shed. Located on a quiet street with natural gas heating and no rental equipment, this is a wonderful opportunity for a first-time buyer, young couple or single professional to stop renting, put down some roots and start investing in a home of their own. Why keep paying someone else's mortgage when you could be building toward your own future? (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 22 days on market, against an average age of 45 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 1-bed single family in Thunder Bay (East End) has been listed for 22 days, which is 23 days fresher than the city average of 45. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $159,900, about 2.2× the local median household income of $72,500.
Carrying it typically needs a household income of about $31,234 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P7C)
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Loading rates, 30-yr amortization
Cash Needed to Close
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