CAONThunder Bay50 Ontario St
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50 Ontario St, Thunder Bay, ON

Real Estate

For Sale

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MLS® TB253673

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 3000 sqft
Garage No
Taxes $4,529
Days Active 0
Lot Size 
Approx. Age 
Avg. Price Per Sqft $239
MLS® Number TB253673

Property Address: 50 Ontario St, Thunder Bay, ON, P7B3E9

Average square foot calculated using Size range provided by listing agent.

Description

Solid 5-unit income property in a proven rental location. Fully tenanted with a desirable unit mix of one 3-bedroom apartment, one 2-bedroom apartment, and three 1-bedroom apartments. This property has a long track record of steady cash flow and has historically leased quickly during vacancies. Units are in good overall condition with a combination of cosmetic updates throughout, including some refinished hardwood floors and newer laminate flooring. Major capital items include five separate hydro meters, updated electrical with individual breaker panels for each unit, copper plumbing, shingles replaced in 2012, windows approximately three years old, and a boiler installed in 2015. A digital thermostat allows remote control of the heating system. Additional features include a detached two-car block garage. Tenants pay their own hydro, while the landlord covers water and gas. Excellent opportunity for investors seeking a well-maintained, low-turnover multi-residential asset. (id:58753)Show Description
MLS® NumberTB253673
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementFull
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Starting Address
Destination Address
50 Ontario St, Thunder Bay, ON

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