$419,000
Est. payment $1,855/moCalculate yours
1012 Victoria Avenue E, Thunder Bay, ON P7C 1B6
McKeller Park, Thunder Bay, ON P7C 1B6
- 0 Beds
- 0 Baths
Listing courtesy of Royal LePage® Lannon Realty MLS® X13656800
About this home
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***
Property details
Overview
- Property Type
- Multiplex
- For
- For Sale
- Status
- Sold Conditional
Interior
- Bedrooms
- 0
- Bathrooms
- 0
- Kitchens
- 0
- Basement
- Other
Building & Systems
- Heating
- Other (Gas)
- Cooling
- Other
- Exterior
- Stucco (Plaster)
- Foundation
- Block, Poured Concrete
- Roof
- Other
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 33 x 118 Feet
- Parking
- None garage
- Zoning
- Service Commercial Zone
Financial
- Property Taxes
- $3,984 (2025)
Location
- Neighbourhood
- McKeller Park
- Cross Street
- Near Vickers Street
- Direction Faces
- South
Listing
- MLS® Number
- X13656800
- Days on Market
- 69
- Listed On
- 2026-08-10
- Possession
- Immediate
- Listed By
- Royal LePage® Lannon Realty
Features
Interior
- Other
Property
- Fenced Yard
Pool
- None
- Included
- Four (4) Fridges, Four (4) Stoves, Coin-Op Washer/Dryer. All in as-is where-is condition.
- Excluded
- None
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$1,855 per month
- Principal and interest
- $1,855
- Property tax
- $332
- Condo fees
- $0
- Estimated monthly cost
- $2,187
Your mortgage
- Mortgage amount
- $335,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $221,372
Cash to close
- Down payment
- $83,800
- Land transfer tax
- $4,855
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $88,655
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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