$344,900

For sale

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738 Mortimer Avenue East, Thunder Bay (Westfort) - Single Family for Sale

738 Mortimer Avenue East, Thunder Bay (Westfort), Ontario, P7E1Y6

2 beds1 bath4 parking ft²

1320 Ford Street, Thunder Bay (Westfort), Ontario, P7E2B8

2 bd1 ba2 pk900 ft²Lot size 54 × 118 ft (6,383 sq ft)

Listed by Royal LePage® Lannon Realty

1132 Broadmore Avenue, Thunder Bay (Westfort), Ontario, P7E2Y6

For saleJust listed

2 days ago

$409K

1132 Broadmore Avenue, Thunder Bay (Westfort), Ontario, P7E2Y6

5 bd2 ba1,300 ft²Lot size 75 × 125 ft (9,375 sq ft)

Listed by REMAX First Choice Realty Ltd.

360 Brock Street East, Thunder Bay (Westfort), Ontario, P7E4H5

For saleJust listed

5 days ago

$399K

360 Brock Street East, Thunder Bay (Westfort), Ontario, P7E4H5

3 bd2 ba2 pk900 ft²Lot size 33 × 155 ft (5,115 sq ft)

Listed by Royal LePage® Lannon Realty

251 Francis Street West, Thunder Bay (Westfort), Ontario, P7C4C1

For sale

8 days ago

$418K

251 Francis Street West, Thunder Bay (Westfort), Ontario, P7C4C1

4 bd2 ba3 pk1,300 ft²Lot size 50 × 155 ft (7,694 sq ft)

Listed by REMAX Generations Realty

Investment analysis

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$344,900

Thunder Bay

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50 × 125 ft (6,250 sq ft) lot size

Overview

This 2-bedroom, 1-bathroom home in Thunder Bay is for sale offering roughly 900 sq ft of space. Listed at $344,900, it is attractively priced about 8% below the $374,900 median asking price in Thunder Bay. It has been on the market 8 days, fresher than the Thunder Bay average of 36 days.

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Description

This bright two bedroom bungalow sits in a great neighbourhood, offering a nice kitchen, large living room, good size primary bedroom and 3 piece bathroom on the main level. Key updates include: the roof (2021), furnace (2014) and mostly updated windows. The exterior features a large, powered, insulated and gas heated garage on a good size lot. Roughed in plumbing in the basement. (id:66096)

Property Details

MLS®: X14120924
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 50 × 125 ft (6,250 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $3,230.86/yr
Listed: 8 days ago

Rooms

Main level

Kitchen: 3.48 x 3.07 meters
Living room: 5.1 x 4.26 meters
Primary Bedroom: 3.73 x 3.04 meters
Bedroom 2: 3.47 x 2.61 meters
Bathroom: 2.43 x 1.44 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: Vinyl siding
Lot Features: Carpet Free, Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Thunder Bay (Westfort) listings, avg age

36d

Price / ft²

$383

List price

$345K

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 2-bed single family in Thunder Bay (Westfort) has been listed for 8 days, which is 28 days fresher than the city average of 36. Act while there is still low competition.

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Listed by Royal LePage® Lannon Realty · Jason Mallon

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P7E)

This home lists at $344,900, about 5.0× the local median household income of $68,500.

Carrying it typically needs a household income of about $67,371 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $68,500
Population: 20,897
Median age: 44.4
Owner / renter: 63% / 37%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA P7E)

$344,900· $383/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,245

Min 5%50%

Mortgage payment$1,817/mo

↳ CMHC premium ($13,106 capitalized)

Property tax (est.)$269/mo

Total monthly$2,086

Cash Needed to Close

Down payment (5%)$17,245

Land transfer tax$3,649

Est. closing costs$3,535

Total cash needed$24,429

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