Michael McKillican - Sutton Logo
$419,000
 $2,249 est/mo Sourced by Back At You

1012 Victoria Ave E,Thunder Bay, ON P7C1B6

Thunder Bay, ON P7C1B6

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Description

5 UNIT INVESTMENT PROPERTY***CASH COW***Current Gross Rent $54,996/y + One Vacant Unit($1500) POTENTIAL for $70k+/y). Well-maintained mixed-use investment property featuring a 4-plex plus a small commercial unit on a high-visibility main arterial street. Current rents: Commercial $800/m+hydro. Apt 1 vacant/demolished (prev. $1,127.50). Apt 2 $893/m+hydro. Apt 3 $1,250/m+hydro. Apt 4 $1,640/m+ hydro; Coin-op laundry+ storage in basement (2 entrances). No basement under commercial. 3 parking. 5 Updated Panels 2021*New Interconnected Smoke Alarms* Commercial Roof 2018 *Main Roof 2006* Boiler 2018*Chimney 2018*Windows-Some 2017*New Vanities 2020* Flooring 2021*Hot Water Tank(Owned)2018. Coin-Op Laundry & Storage in Basement wth 2 Entrances. SOLID INVESTMENT OPPORTUNITY***CALL FOR INFO*** With Separate Hydro Meters & Clear Upside Through Renovation & Repositioning, Excellent Opportunity, PERFECT Investor EXCELLENT CASH FLOW* LONG TERM GROWTH***CALL FOR INFO*** (id:13843)

Details

MLS #TB2602295
Listing TypeFor Sale
StatusActive
Days On Site14
Listing Provided ByROYAL LEPAGE LANNON REALTY | ENZO RUBERTO

Features

Acreage0.09

Interior

HeatingBoiler
Fireplace Yes / NoNo

Exterior

Foundation DetailsBlock, Concrete Perimeter
FencingFenced yard

Utilities

UtilitiesNatural Gas, Electricity, Cable, Telephone
SewerMunicipal sewage system
Water SourceMunicipal water

Taxes

Tax Annual Amount3984

Area Information

ProvinceON
CityThunder Bay
Postal CodeP7C1B6
Listing VS Median (in P7C1B6)
Price:
$419,000
low | high
Med:
$0
On site:
14
low | high
Med:
Sourced by Back At You

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Learn More About This Property

Michael McKillican

Michael McKillican

Sutton Group - West Coast Realty

Sales Representative, Représentant immobilier, Personal Real Estate Corporation Licensing (250) 616-0998mckillican@sutton.com
ProvinceON
CityThunder Bay
Postal CodeP7C1B6
Listing VS Median (in P7C1B6)
Price:
$419,000
low | high
Med:
$0
On site:
14
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $314K - $523K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1111 Victoria Ave. E. Property Photo 1
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1111 Victoria Ave E Property Photo 1
$2,099,000
1111 Victoria Ave E
Thunder Bay, ON P7C1B7
1103 Donald Street East Property Photo 1
$649,800
1103 Donald Street East
Thunder Bay, ON P7E5V9
Listing Updated: August 23, 2026 at 5:26:20 AM PDT