Gurvinder Nokwal REALTOR®
For Sale Duplex 76 days on market

$535,000

Est. payment $2,369/moCalculate yours

218 Powley Street, Thunder Bay, ON P7A 2K9

Court / Cumberland, Thunder Bay, ON P7A 2K9

  • 1,822 Sq Ft
Map

Listing courtesy of RE/MAX FIRST CHOICE REALTY LTD. MLS® X13635676

About this home

New Listing. Live in one unit while your tenants help pay the mortgage! Whether you’re a first-time buyer, investor, or looking to enter the rental market, this well-maintained income property offers an outstanding opportunity. The spacious owner-occupied bungalow features a comfortable 3-bedroom layout with a bright and inviting living room, separate dining area, and a large kitchen offering plenty of cabinet and workspace. An exceptional detached garage provides ample room for vehicles, hobbies, or additional storage. The property offers three self-contained units in total, including the owner’s living quarters. The two additional rental suites each feature their own private entrance, kitchen, and 4-piece bathroom, with shared access to the laundry area, creating an excellent opportunity to generate steady rental income while enjoying the comfort of your own home. Whether you’re looking to offset your mortgage, purchase your first home, enter the rental market, or expand your investment portfolio, this versatile property offers flexibility and excellent income potential. Located on the city’s desirable north side, you’ll enjoy easy access to Boulevard Lake, scenic walking trails, parks, schools, shopping, and everyday amenities. A rare opportunity to own a well-maintained income property that allows you to live comfortably while generating rental income. Whether you’re a first-time buyer, aspiring landlord, or seasoned investor, this property offers the perfect combination of homeownership and investment potential. Let’s Book Your Viewing, Call Today.

Property details

Overview

Property Type
Duplex
For
For Sale
Status
New
Size
1,822 sqft

Interior

Basement
Full

Building & Systems

Heating
Forced Air (Gas)
Cooling
Other
Exterior
Unknown
Foundation
Block
Roof
Asphalt Rolled
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
52 x 120 Feet
Parking
None garage
Zoning
Urban Low Rise Zone

Financial

Property Taxes
$5,363 (2026)

Location

Neighbourhood
Court / Cumberland
Cross Street
Between Court St. and Cumberland
Direction Faces
North

Listing

MLS® Number
X13635676
Days on Market
76
Listed On
2026-08-03
Possession
Flexible
Listed By
RE/MAX FIRST CHOICE REALTY LTD.

Features

Interior

  • Other

Pool

  • None
Included
3 x Fridges, 3 x Stoves, 2 Built-In Microwaves, Washer, Dryer, Upright Freezer, + Reach In Freezer. All Appliances AS IS

Mortgage calculator

Minimum for this price: $28,500 (5.33%)

Amortization, years

Estimated mortgage payment

$2,369 per month

Principal and interest
$2,369
Property tax
$447
Estimated monthly cost
$2,816

Your mortgage

Mortgage amount
$428,000
Mortgage insurance
Not needed
Interest over 25 years
$282,659

Cash to close

Down payment
$107,000
Land transfer tax
$7,175
Total, before legal fees
$114,175
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

218 Powley Street, Thunder Bay, ON P7A 2K9 Court / Cumberland, Thunder Bay, ON P7A 2K9
Open in Google Maps

Also listed as MLS® X13635674

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).

$535,000 218 Powley Street, Thunder Bay, ON P7A 2K9
Request a showing