212 CUMBERLAND STREET N, Thunder Bay (Court / Cumberland)
$1,670,000
For sale: Other
- Property type
- Commercial Retail
- Bedrooms / bathrooms
- 1 bathroom
- MLS®
- MLS® X13864336
- Neighbourhood
- Court / Cumberland
single-tenant triple-net(NNN) commercial investment property leased to corporate tenant Brewers Retail Inc. (operating as The Beer Store) through December 2030 generating a fixed yearly net rent of $109,215. Because it is a triple-net lease, you have minimal day-to-day management responsibilities or operational cost fluctuations. Tenant directly handles property taxes, building utilities, and maintenance like snow removal, etc. Tenant also pay the insurance. Strong Covenant: Brewers Retail Inc. is a major corporate entity backed by large national/international brewing conglomerates, offering high financial stability compared to a small local business. The tenant directly handling snow plowing, property taxes, utilities and insurance eliminates the risk of inflation eroding your net income. Zoning: Service Commercial, offering high traffic exposure. Bus service, cable, garbage pickup, High speed internet, hydro, Natural gas, Streetlights, Telephone, Air conditioning, Loading dock, Overhead door, large parking area, paved yard, Store front, Wheel chairs access.
Sold data
Homes in Court Cumberland — recent sold market
Homes in Court Cumberland took a median of 14 days to sell over the last 365 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 36, across 74 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 30 days.
The median sale price was $299,900.
Homes sold for about 7.7% above asking on average.
About 68% of sales closed above the list price.
Around 3% of sellers reduced their price before finding a buyer.
- Median days to sell
- 14
- Median sale price
- $299,900
- Sale-to-list ratio
- 107.7%
- Sold above asking
- 68%
Based on 74 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 (Court / Cumberland)
Thunder Bay (Court / Cumberland) 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 (Court / Cumberland)
- Vance Chapman — elementary, Thunder BayFraser rating 9.1/10
- St Francis — elementary, Thunder BayFraser rating 8.9/10
- Nor'wester View — elementary, Thunder BayFraser rating 8.7/10
- St Paul — elementary, Thunder BayFraser rating 8.5/10
- Five Mile — elementary, Thunder BayFraser rating 8.4/10
- Ecole Elsie MacGill — elementary, Thunder BayFraser rating 8.0/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
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