230 BRODIE STREET N, Thunder Bay (McKeller Park)

$999,999

For sale: Multiplex

Multiplex at 230 BRODIE STREET N, Thunder Bay (McKeller Park)
Property type
Multiplex
MLS®
MLS® X13250794
Neighbourhood
McKeller Park

Exceptional investment opportunity to own a legally recognized 12-unit apartment building in a prime central location. Originally built in 1913, this solid brick and stone character property blends historic charm with significant long-term income potential. Designated as a historical building, the property showcases timeless architectural appeal while benefiting from numerous important updates and improvements over the years. This legal non-conforming 12-plex offers twelve self-contained 1-bedroom units, each featuring a full bathroom, kitchen, living area, and dual entrances. Hardwood flooring exists beneath most floor coverings, with a mix of carpet, vinyl, and linoleum currently throughout. All existing appliances are included in the sale. Extensively maintained, the property features a newer metal roof completed in 2021, updated eavestroughs and downspouts completed in 2026, a 400-amp main electrical service, separately metered units, owned hot water tanks, and a newer natural gas forced-air heating system servicing the basement area, with electric baseboard heating in each individual unit. The front stairwell was added approximately five years ago to satisfy fire code requirements following a satisfactory fire inspection report. Additional improvements and compliance upgrades have also been completed, reflecting pride of ownership and ongoing care. The building sits on a 49.82? x 99.34? lot and offers strong upside potential for investors looking to expand or stabilize their portfolio. Currently tenant parking is street parking only, with future parking considerations potentially available through a minor variance application with the city. This is a rare opportunity to acquire a well-maintained multi-family asset with historical significance, strong rental fundamentals, and long-term value-add potential. Perfect for seasoned investors or those looking to add a unique income-generating property to their portfolio.

Sold data

Homes in Mckeller Park — recent sold market

Homes in Mckeller Park took a median of 15 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 23, across 65 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 23 days.

The median sale price was $299,900.

Sellers typically achieved close to their full asking price.

About 54% of sales closed above the list price.

Around 12% of sellers reduced their price before finding a buyer.

Median days to sell
15
Median sale price
$299,900
Sale-to-list ratio
100.1%
Sold above asking
54%

Based on 65 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 (McKeller Park)

Thunder Bay (McKeller Park) 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 (McKeller Park)

  • 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 230 BRODIE STREET N