50 Ontario Street, Thunder Bay, ON P7B 3E9
Thunder Bay
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.
Walkability, transit, and bike-friendliness for 50 Ontario Street, Thunder Bay, ON P7B 3E9
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MLS# X13259206
Listed by ROYAL LEPAGE LANNON REALTY
Listed Dec 17, 2025
Sold Jun 30, 2026
What comparable homes actually sold for in the last 12 months.
50 Ontario Street, Thunder Bay, ON P7B 3E9 is listed for $719,900 CAD.
50 Ontario Street, Thunder Bay, ON P7B 3E9 is a Multiplex, 3,000 sq ft.
50 Ontario Street, Thunder Bay, ON P7B 3E9 is in Thunder Bay, Ontario.
50 Ontario Street, Thunder Bay, ON P7B 3E9 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 50 Ontario Street, Thunder Bay, ON P7B 3E9 (MLS# X13259206). You can also send a message through the contact form on this site.
