1103 Donald Street East, Thunder Bay

$649,800

For sale: Multiplex

Multiplex at 1103 Donald Street East, Thunder Bay
Property type
Multi-family
Year built
Built in 1970
MLS®
MLS® TB2602352
Neighbourhood
Thunder Bay

Purpose-Built 4-Plex Investment Opportunity! Excellent investment opportunity with this purpose-built, all-brick 4-plex in the desirable McKellar Park area, conveniently located close to all amenities. Situated on a manageable, low-maintenance lot, this fully rented property offers dependable cash flow and outstanding long-term investment potential. This well-maintained building features an excellent unit mix of 3 2-bedroom units and 1 1-bedroom unit. Each unit includes its own refrigerator and stove, while the coin-operated laundry provides an additional source of income. Recent updates include new shingles (2025), adding to the property’s low-maintenance appeal. Purpose-built construction, solid all-brick exterior, and a prime location make this an exceptional turnkey investment with reliable rental income and excellent long-term value. Visit www.neilirwin.ca for more information.

Sold data

Multiplex homes in Thunder Bay — recent sold market

Multiplex homes in Thunder Bay took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 72, across 33 recorded sales.

The median sale price was $599,000.

Homes sold for about 0.8% below asking on average, so there was room to negotiate.

About 33% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$599,000
Sale-to-list ratio
99.2%
Sold above asking
33%

Based on 33 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Thunder Bay

Thunder Bay has 35 Fraser Institute–rated schools (29 elementary and 6 secondary), averaging 6.3/10.

Rated schools
35
Elementary
29
Secondary
6
Average rating
6.3 / 10

Top-rated schools in Thunder Bay

  • Vance Chapman — elementaryFraser rating 9.1/10
  • St Francis — elementaryFraser rating 8.9/10
  • Nor'wester View — elementaryFraser rating 8.7/10
  • St Paul — elementaryFraser rating 8.5/10
  • Five Mile — elementaryFraser rating 8.4/10
  • Ecole Elsie MacGill — elementaryFraser rating 8.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1103 Donald Street East