For Sale: 1012 Victoria Avenue E, Thunder Bay, ON - REW
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$419,000
0 bd ba sf Multifamily

1012 Victoria Ave EThunder Bay, ON, P7C 1B6

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

5 UNIT INVESTMENT PROPERTY***CASH COW***Current Gross Rent $54,996/y + One Vacant Unit($1500) POTENTIAL for $70k+/y). Well-maintained mixed-use investment property featuring a 4-plex plus a small commercial unit on a high-visibility main arterial street. Current rents: Commercial $800/m+hydro. Apt 1 vacant/demolished (prev. $1,127.50). Apt 2 $893/m+hydro. Apt 3 $1,250/m+hydro. Apt 4 $1,640/m+ hydro; Coin-op laundry+ storage in basement (2 entrances). No basement under commercial. 3 parking. 5 Updated Panels 2021*New Interconnected Smoke Alarms* Commercial Roof 2018 *Main Roof 2006* Boiler 2018*Chimney 2018*Windows-Some 2017*New Vanities 2020* Flooring 2021*Hot Water Tank(Owned)2018. Coin-Op Laundry & Storage in Basement wth 2 Entrances. SOLID INVESTMENT OPPORTUNITY***CALL FOR INFO*** With Separate Hydro Meters & Clear Upside Through Renovation & Repositioning, Excellent Opportunity, PERFECT Investor EXCELLENT CASH FLOW* LONG TERM GROWTH***CALL FOR INFO*** (id:63626)
Listed by: ENZO RUBERTO, Salesperson, ROYAL LEPAGE LANNON REALTY

Home facts and features

Price details
List Price
Gross Taxes for 2026
$3,984
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
33 ft x 0 ft (3920 ft²)
Depth
Frontage
33.0
Exterior Finish
Stucco
Heating Type
Boiler
Features
Laundry Facility
Agent details
Primary Agent
ENZO RUBERTO
Primary Broker
ROYAL LEPAGE LANNON REALTY
Secondary Agent
JOHNNY AVELLA
Secondary Broker
ROYAL LEPAGE LANNON REALTY
Listing details
Days on REW
2 Days
MLS® Number
TB2602295
Source
Canadian Real Estate Association
Board
Thunder Bay Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

McKellar Park Central Public School
  • Public
  • JK - 8
Pope John Paul II Elementary School
  • Catholic
  • 7 - 8
St Patrick School
  • Catholic
  • 9 - 12
St Jude Catholic Elementary School
  • Catholic
  • JK - 6
St Elizabeth Catholic Elementary School
  • Catholic
  • JK - 6
Ogden Community Public School
  • Public
  • JK - 8
Hyde Park Public School
  • Public
  • JK - 3
Kingsway Park Public School
  • Public
  • 4 - 8
St Thomas Aquinas Catholic Elementary School
  • Catholic
  • JK - 6
Westmount Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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