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$429,900
Ontario,Thunder Bay
For Sale Active
1012 Victoria Ave. E., Thunder Bay, Ontario P7C1B6
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Basic Details
Description

Well-maintained mixed-use investment property featuring a 4-plex plus a small commercial unit on a high-visibility main arterial street. Currently partially rented, with Apartment 1 vacant and fully demolished for future redevelopment, and Apartment 3 fully renovated in 2025, offering strong value-add and lease-up potential. This solid asset benefits from extensive upgrades, including five updated electrical panels, interconnected smoke alarms, newer

boiler and chimney, commercial and main roof replacements, select window upgrades, and an owned hot water tank. Apartments 1, 2, and 4 feature updated vanities and modern laminate flooring, while all bathrooms include low-flush toilets. With separate hydro metering, strong infrastructure, and clear upside through renovation and repositioning, this property presents an excellent opportunity for investors seeking cash flow and long-term growth. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: TB2600200
  • Price: $429,900
  • Year Built: 1927
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 52504
Features & Appliances
Features
  • Heating System: Boiler
  • Fence: Fenced yard
  • Exterior Features: Stucco
  • Sewer: Municipal sewage system
  • Utilities: Natural Gas, Electricity, Cable, Telephone
Address Map
  • Location: CA, Ontario, Thunder Bay, P7C1B6
  • Longitude: W90° 44' 53.4''
  • Latitude: N48° 23' 2''
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
Financial
  • Tax Annual Amount: 3984
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Listing updated: 2026-04-04 04:22:31
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Listing Information
  • List Agent Key: 2160150
  • List Office Key: 52504
  • Modification Timestamp: 2026-02-12T17:05:40Z
  • Originating System Name: Thunder Bay Real Estate Board
  • Status Change Timestamp: 2026-02-12T16:57:03Z
Powered by REALTOR.ca
Listing updated: 2026-04-04 04:22:32
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