325 ARCHIBALD STREET S, Thunder Bay
$1
For sale: Multiplex
- Property type
- Investment
- MLS®
- MLS® X13604438
This property sits on 3.1 acres and includes a large six-story building with approximately 135,000 square feet of space. There are 130 on-site parking spaces. The residential section has 109 fully occupied apartments, including the following: 9 studio units, 89 one-bedroom units, 11 two-bedroom units. The property also includes 10 commercial units with a total rentable area of 23,391 square feet. There is a large undeveloped area with approved plans for an additional 50 residential units and basement space, offering excellent future development potential. The building is home to mostly senior and mature tenants. It is fully rented, has a waiting list for new tenants, and receives some financial assistance.
Sold data
Multiplex homes in Thunder Bay — recent sold market
Multiplex homes in Thunder Bay took a median of 30 days to sell over the last 365 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 71, across 35 recorded sales.
The median sale price was $530,000.
Sellers typically achieved close to their full asking price.
About 37% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
- Median days to sell
- 30
- Median sale price
- $530,000
- Sale-to-list ratio
- 100.0%
- Sold above asking
- 37%
Based on 35 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
Thunder Bay 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
- Vance Chapman — elementaryFraser rating 9.1/10
- St Francis — elementaryFraser rating 8.9/10
- Nor'wester View — elementaryFraser rating 8.7/10
- St Paul — elementaryFraser rating 8.5/10
- Five Mile — elementaryFraser rating 8.4/10
- Ecole Elsie MacGill — elementaryFraser rating 8.0/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
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