$209,000
For sale: Detached

New Listing. Looking to add to your investment portfolio without breaking the bank? This affordable 2-storey home is an excellent opportunity for investors seeking immediate rental income. Already tenant occupied with reliable rent-paying tenants, this property offers the kind of investment every landlord is searching for. Featuring 1,078 sq. ft., the home offers 3 bedrooms, a full 4-piece bathroom upstairs, plus a convenient main floor powder room. The functional layout provides comfortable living space, while the fenced backyard adds outdoor enjoyment and privacy for tenants. Two off-street parking spaces offer added convenience and value. With low property taxes, great rental appeal, and an affordable purchase price, this is an ideal opportunity for investors looking to generate cash flow or expand their rental portfolio. Whether you're a seasoned investor or purchasing your first income property, this property checks all the right boxes. Affordable. Tenant occupied. Income generating. Here's an Opportunity, book your viewing today!
Sold data
Detached homes in Thunder Bay took a median of 13 days to sell over the last 90 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 20, across 285 recorded sales.
The median sale price was $389,900.
Homes sold for about 6.7% above asking on average.
About 68% of sales closed above the list price.
Around 4% of sellers reduced their price before finding a buyer.
Based on 285 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Thunder Bay has 35 Fraser Institute–rated schools (29 elementary and 6 secondary), averaging 6.3/10.
School ratings from the Fraser Institute's Ontario school report cards.
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