Gurvinder Nokwal REALTOR®
For Sale Detached 10 days on market

$519,900

Est. payment $2,302/moCalculate yours

114 Caroline Street, Thunder Bay, ON P7E 4T6

Green Acres, Thunder Bay, ON P7E 4T6

  • 7 Beds
  • 4 Baths
  • 2 Garage
  • 1,100 Sq Ft
Map

Listing courtesy of Signature North Realty Inc. MLS® X13875592

About this home

One-of-a-kind investment opportunity at 114 Caroline Street! Situated on a generous 66′ x 122′ lot, this unique property offers an impressive combination of space, flexibility, and income potential. The home features 7 bedrooms, 4 bathrooms, and 3 kitchens, with the current owner utilizing the property as three separate apartments, all currently rented to good tenants.The property has seen numerous updates over the years, including shingles completed in 2021, most windows updated, plumbing upgraded to PEX, and renovations throughout the interior. Additional features include central air conditioning and hot water on demand.Outside, the property offers ample parking spaces and a detached garage with 2 large overhead doors. With its generous lot, flexible layout, multiple living spaces, and established rental setup, this is an excellent opportunity for investors looking to add a unique property to their portfolio. Located in a convenient area close to everyday amenities, 114 Caroline Street offers a combination of rental potential, updates, and versatility that is truly hard to find.

Property details

Overview

Property Type
Detached
Style
Bungalow
For
For Sale
Status
New
Size
1,100 sqft

Interior

Bedrooms
7
Bathrooms
4
Kitchens
3
Basement
Apartment, Finished, Separate Entrance

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Vinyl Siding, Brick
Foundation
Block
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
66 x 122 Feet
Parking
Detached garage · 6 total

Financial

Property Taxes
$4,538 (2026)

Location

Neighbourhood
Green Acres
Cross Street
Caroline & Gordon
Direction Faces
South

Listing

MLS® Number
X13875592
Days on Market
10
Listed On
2026-10-08
Possession
Immediate
Listed By
Signature North Realty Inc.

Rooms

Room Level Dimensions
Bedroom Basement 10′ 2″ × 10′ 4″
Bedroom 2 Main 10′ 10″ × 10′ 0″
Bedroom 3 Main 11′ 11″ × 8′ 9″
Bedroom 5 Basement 12′ 0″ × 9′ 4″
Kitchen Main 15′ 10″ × 10′ 0″
Bedroom Basement 11′ 3″ × 18′ 11″
Bedroom 4 Main 14′ 7″ × 8′ 8″
Dining Room Main 11′ 0″ × 10′ 5″
Kitchen Basement 11′ 5″ × 11′ 0″
Kitchen Basement 9′ 5″ × 8′ 3″
Living Room Basement 13′ 11″ × 11′ 7″
Living Room Basement 7′ 10″ × 6′ 4″
Primary Bedroom Main 15′ 11″ × 8′ 7″
Living Room Main 19′ 4″ × 15′ 10″

Features

Interior

  • Accessory Apartment
  • In-Law Suite
  • On Demand Water Heater

Pool

  • None
Included
3 fridge, 3 stove, washer & dryer (coin-op included). Furniture in Apt 2 (couch, chair, table & 2 chairs, 2 beds)
Excluded
2nd fridge in Apt 1

Mortgage calculator

Minimum for this price: $26,990 (5.19%)

Amortization, years

Estimated mortgage payment

$2,302 per month

Principal and interest
$2,302
Property tax
$378
Estimated monthly cost
$2,680

Your mortgage

Mortgage amount
$415,920
Mortgage insurance
Not needed
Interest over 25 years
$274,681

Cash to close

Down payment
$103,980
Land transfer tax
$6,873
Total, before legal fees
$110,853
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

114 Caroline Street, Thunder Bay, ON P7E 4T6 Green Acres, Thunder Bay, ON P7E 4T6
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$519,900 114 Caroline Street, Thunder Bay, ON P7E 4T6
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