222 MAY STREET N, Thunder Bay (East End)

$1,499,000

For sale: Other

Other at 222 MAY STREET N, Thunder Bay (East End)
Property type
Commercial Retail
MLS®
MLS® X13563424
Neighbourhood
East End

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 (East End) — recent sold market

Homes in Thunder Bay (East End) took a median of 16 days to sell over the last 90 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 24, across 352 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 20 days.

The median sale price was $382,250.

Homes sold for about 3.7% above asking on average.

About 61% of sales closed above the list price.

Around 8% of sellers reduced their price before finding a buyer.

Median days to sell
16
Median sale price
$382,250
Sale-to-list ratio
103.7%
Sold above asking
61%

Based on 352 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Thunder Bay (East End)

Thunder Bay (East End) 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 (East End)

  • 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

Homes for sale near 222 MAY STREET N