' 38 Ontario St, Thunder Bay, Ontario P7B 3E9 (23939571) | Brantford Properties Houses for sale


38 Ontario St, Thunder Bay, Ontario P7B 3E9

38 Ontario St Thunder Bay, Ontario P7B 3E9

Air Exchanger Boiler


New Listing. ATTENTION INVESTORS!!! Real Estate Investors Looking For A Great Opportunity Should Look No Further Than 38 Ontario Street, Located In The Picturesque City Of Thunder Bay, Ontario. This 8-Bedroom Home Plus Den Can Be Used As A Single-Family Residence Or Rental For Students Or Young Adults. This Spacious Home Was Completely Remodelled (Completion 2017), Which Included An New Addition To Increase The Homes Living Space To Nearly 2,300 Square Feet. The Community-Style Kitchen With Updated Appliances Features Two Stoves, Two Fridges, A Large Pantry, Spacious Eating Area And Ample Cabinet Space For Storing Dry Goods And Dinnerware. Three Modern Bathrooms Can Be Shared Among The Homes Occupants. Eight Spacious Bedrooms Situated Throughout The House Can Be Used For Single Or Double Occupation. Other Aspects That Make This Property A Wise Investment Include An Updated Espresso Kitchen And Laminate Flooring. Fresh Paint, Upgraded Wiring, A Newer Air Exchanger, And An Up-To-Date Boiler System With PEX Plumbing Add To This Homes Overall Value. Exterior Upgrades Include Newer Shingles And Siding. The Property Also Comes With Four Dedicated Parking Spaces. In Addition To Its Spaciousness, This Property Boasts Another Benefit. Its Central Location To Popular Amenities Restaurants, Shopping, Downtown Entertainment, Main Bus Lines Increase Its Rentability Factor. Call Today To Book Your Private Viewing! *** Previously Rented For $2600 Per Month ($350 Per Room). Fresh Updates - 2022 Projection $3000 Per Month ($375 Per Room) - 8% CAP RATE, CASHFLOW $1350 Per Month. Fully Vacant, Choose Your Own Tenants, Tenants Pay All Utilities. Sit Back And Collect The Rent!*** (id:6626)

Property Details

MLS® Number TB220055
Property Type Multi-family
Community Name Thunder Bay
Communication Type High Speed Internet
Community Features Bus Route
Structure Workshop


Age 0 To 5 Years
Amenities Laundry Facility
Basement Type Full
Cooling Type Air Exchanger
Exterior Finish Stucco, Vinyl
Foundation Type Concrete Perimeter, Wood
Heating Type Boiler
Stories Total 2
Size Interior 2287
Type Multi-family
Utility Water Municipal Water




Access Type Road Access
Acreage No
Fence Type Fenced Yard
Sewer Municipal Sewage System
Size Frontage 25.0000
Size Total Text Under 1/2 Acre


Cable Available
Electricity Available
Natural Gas Available
Telephone Available



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