$209,000
Est. payment $925/moCalculate yours
12 Machar Avenue, Thunder Bay, ON P7B 2Y3
Court / Cumberland, Thunder Bay, ON P7B 2Y3
- 3 Beds
- 2 Baths
Listing courtesy of RE/MAX FIRST CHOICE REALTY LTD. MLS® X13585980
About this home
New Listing. Looking to add to your investment portfolio without breaking the bank? This affordable 2-storey home is an excellent opportunity for investors seeking immediate rental income. Already tenant occupied with reliable rent-paying tenants, this property offers the kind of investment every landlord is searching for. Featuring 1,078 sq. ft., the home offers 3 bedrooms, a full 4-piece bathroom upstairs, plus a convenient main floor powder room. The functional layout provides comfortable living space, while the fenced backyard adds outdoor enjoyment and privacy for tenants. Two off-street parking spaces offer added convenience and value. With low property taxes, great rental appeal, and an affordable purchase price, this is an ideal opportunity for investors looking to generate cash flow or expand their rental portfolio. Whether you’re a seasoned investor or purchasing your first income property, this property checks all the right boxes. Affordable. Tenant occupied. Income generating. Here’s an Opportunity, book your viewing today!
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Other
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Other
- Exterior
- Vinyl Siding, Unknown
- Foundation
- Post & Pad
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 30 x 125 Feet
- Parking
- None garage
Financial
- Property Taxes
- $1,673 (2026)
Location
- Neighbourhood
- Court / Cumberland
- Cross Street
- Between Wilson and Bay St.
- Direction Faces
- West
Listing
- MLS® Number
- X13585980
- Days on Market
- 91
- Listed On
- 2026-07-19
- Listed By
- RE/MAX FIRST CHOICE REALTY LTD.
Rooms
Features
Interior
- Other
Property
- Fenced Yard
Pool
- None
- Included
- Fridge, Stove, Washer and Dryer. All Appliances AS IS.
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$925 per month
- Principal and interest
- $925
- Property tax
- $139
- Condo fees
- $0
- Estimated monthly cost
- $1,065
Your mortgage
- Mortgage amount
- $167,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $110,422
Cash to close
- Down payment
- $41,800
- Land transfer tax
- $1,815
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $43,615
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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