$489,900
For sale: Multiplex

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 (Court / Cumberland) took a median of 24 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 70, across 34 recorded sales.
The median sale price was $539,950.
Sellers typically achieved close to their full asking price.
About 38% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 34 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
Thunder Bay (Court / Cumberland) 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

$415,000
Multiplex711 RIDGEWAY STREET E, Hyde Park, Thunder Bay

$535,000
Multiplex218 POWLEY STREET, Court / Cumberland, Thunder Bay

$599,900
Multiplex92 JEAN STREET, College Heights, Thunder Bay

$385,000
Detached123 SHIPLEY STREET, Shuniah, Thunder Bay

$370,000
Detached9 RUTTAN ST., Shuniah, Thunder Bay

$699,800
Detached510 HIGHWAY 527, TB-27, Shuniah

$449,900
Vacant Land485 WARDROPE AVENUE, County Park, Thunder Bay

$449,900
Vacant Land489 WARDROPE AVENUE, County Park, Thunder Bay