334 PEARL ST, Thunder Bay

$489,900

For sale: Multiplex

Multiplex at 334 PEARL ST, Thunder Bay
Property type
Multi-family
Year built
Built in 1942
MLS®
MLS® TB2602251
Neighbourhood
Thunder Bay

Attention Investors! Turnkey legal triplex in the heart of Downtown Thunder Bay, just minutes from the Law School, courthouse, shopping, transit, and all amenities. This solid income property features one 1-bedroom unit and two 2-bedroom units, all with separate hydro meters, fire escape doors, and three off-street parking spaces. Enjoy guaranteed rental income through established community housing partnerships, offering dependable cash flow and peace of mind. Recent updates include the roof, soffit, and fascia. A fantastic opportunity to add a low-maintenance, income-producing property to your investment portfolio.

Sold data

Multiplex homes in Thunder Bay — recent sold market

Multiplex homes in Thunder Bay took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 72, across 33 recorded sales.

The median sale price was $599,000.

Homes sold for about 0.8% below asking on average, so there was room to negotiate.

About 33% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$599,000
Sale-to-list ratio
99.2%
Sold above asking
33%

Based on 33 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

Homes for sale near 334 PEARL ST