About this property

Solid 5-unit income property in a proven rental location. The building contains 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, and an updated boiler. 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.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X13259206
Status	Sold
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	3,000 sq ft
Beds / Baths	0 bed · 0 bath
Neighbourhood	Court / Cumberland
City	Thunder Bay
Postal Code	P7B 3E9
Province	ON
Listed Date	December 17, 2025
Brokerage	ROYAL LEPAGE LANNON REALTY