$499,900

House For Sale In College Heights, Thunder Bay, Ontario

$499,900

Property Information:

Solid income-producing 2.5-storey character property in the sought-after College Heights neighbourhood, offering four legal rental units and a strong cap rate. This investment property features a basement unit with separate entrance, a newly rebuilt two-storey front deck, and all appliances included. The property has recently passed a fire inspection and is partially tenanted with reliable, long-term tenants in place, providing immediate cash flow. Conveniently located near grocery stores, County Fair Mall, Lakehead University, and Downtown Thunder Bay, this asset benefits from consistent rental demand and excellent return on investment.

Property Features:

  • Annual Tax Amount: $2,747
  • Access: Municipal Road
  • Basement: Full Basement
  • Driveway Details: Gravel, Rear
  • Exterior Finish: Siding
  • Heating Source: Natural Gas
  • Lot Depth: 125 Feet
  • Lot Frontage: 33 Feet
  • Property Features: Balcony, Fenced Yard, Fire Sprinkler, Storage Shed, Workshop/Storage Room
  • Property Size: 0.0 - 0.49 Acres
  • Roof Type: Asphalt
  • Services Available: Bus Service, Cable, Garbage PickUp, High Speed Internet, Hydro, Natural Gas, Street Lights, Telephone
  • Sewer/Septic: Sewer
  • Water/Well: Municipal Water
  • Heating Type: Forced Air

Courtesy of: RE/MAX GENERATIONS REALTY

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