$1,599,000
For sale: Other

Turnkey Investment Opportunity! Unlock the potential of this rare 17,600 sq. ft. mixed-use building offering multiple income streams under one roof. This well-maintained property features 8 one-bedroom residential apartments, well-established bar, restaurant with a commercial kitchen including large seating area with a second bar, and a huge storage area with endless possibilities. With loads of updates already completed and a property manager who is willing to stay on, this is a rare opportunity for investors seeking a stable, turnkey asset with strong income potential and room for future growth. Whether you’re expanding your portfolio or stepping into commercial ownership, this one checks all the boxes. A true cash-flowing opportunity you won’t want to miss!
Sold data
Homes in Thunder Bay took a median of 14 days to sell over the last 90 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 21, across 330 recorded sales.
The median sale price was $389,900.
Homes sold for about 5.7% above asking on average.
About 66% of sales closed above the list price.
Around 6% of sellers reduced their price before finding a buyer.
Based on 330 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.
Currently for sale

$2,180,000
Other2059 Baker Ave, Thunder Bay, Thunder Bay

$2,399,000
Other395 Fort William Rd., Thunder Bay, Thunder Bay

$1,950,000
Other510-516 Victoria AVE, Thunder Bay, Thunder Bay

$2,600,000
Other168 Munro Street, Thunder Bay, Thunder Bay

$1,750,000
Other174 Munro Street, Thunder Bay, Thunder Bay

$3,000,000
Other1216 HWY 584, Geraldton, Geraldton

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Other1111 Victoria Ave E, Thunder Bay, Thunder Bay

$3,299,000
Other1120 John St. Rd., Thunder Bay, Thunder Bay