$428,000

For sale

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6407 Mapleward Road, Thunder Bay (McIntyre South) - Single Family for Sale

6407 Mapleward Road, Thunder Bay (McIntyre South), Ontario, P7G2K1

2 beds1 bath3 parkingListed 233 days ago

5924 Townline Road, Thunder Bay (McIntyre South), Ontario, P7G1M1

5 bd2 ba12 pk1,750 ft²Lot size 197 × 1105 ft (4.99 acres)

Listed by Signature North Realty Inc.

Investment analysis

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$428,000

Thunder Bay

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Overview

This 2-bedroom, 1-bathroom home in Thunder Bay is for sale. Listed at $428,000, it is attractively priced about 22% below the $549,900 median asking price in Thunder Bay.

Houses for Sale in Thunder Bay →All real estate in Thunder Bay →

Description

Charming Rural Starter Home on 5.7 Acres Opportunity awaits with this 2-bedroom, 1-bathroom home set on 5.7 beautiful acres in a peaceful rural setting. Located just minutes from Vanderwees Garden Gallery, this property offers the perfect balance of country living with convenient access to nearby amenities. This home is ideal for first-time buyers, investors, or anyone looking for a property they can make their own. While it needs some work, the potential is undeniable. The spacious lot provides plenty of room for gardening, outdoor activities, or future improvements. If you’re looking for a great location with acreage and opportunity, this property is not to be missed. (id:66096)

Property Details

MLS®: X13244658
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 3
Frontage: 399 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Garage: Garage
Ownership: Freehold
Property Tax: $3,500/yr
Listed: 233 days ago

Rooms

Main level

Bedroom 2: 2.83 x 3.47 meters
Kitchen: 3.44 x 4.2 meters
Living room: 4.2 x 5.36 meters
Bathroom
Bedroom: 3.16 x 3.5 meters

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

Market Timing

Days on market

233d

Thunder Bay (McIntyre South) listings, avg age

71d

List price

$428K

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.

Area context

Neighbourhood profile (P7G)

This home lists at $428,000, about 3.7× the local median household income of $117,000.

Carrying it typically needs a household income of about $83,603 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $117,000
Population: 13,238
Median age: 44.8
Owner / renter: 94% / 6%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA P7G)

$428,000

For sale

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Full Cost Breakdown

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Down Payment5% · $21,400

Min 5%50%

Mortgage payment$2,254/mo

↳ CMHC premium ($16,264 capitalized)

Property tax (est.)$292/mo

Total monthly$2,546

Cash Needed to Close

Down payment (5%)$21,400

Land transfer tax$5,035

Est. closing costs$3,784

Total cash needed$30,219

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

6407 Mapleward Road, Thunder Bay (McIntyre South) - Single Family for Sale

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Description

Property Details

Rooms

Features

Services

Market Timing

Location

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Neighbourhood profile (P7G)

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