For Sale: 218 Powley Street, Thunder Bay, ON - REW
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$535,000
0 bd ba 1822 sf Multifamily

218 Powley StThunder Bay, ON, P7A 2K9

  • 0 Bed
  • Bath
  • 1822 Sqft
  • Multifamily

About this home

New Listing. Live in one unit while your tenants help pay the mortgage! Whether you're a first-time buyer, investor, or looking to enter the rental market, this well-maintained income property offers an outstanding opportunity. The spacious owner-occupied bungalow features a comfortable 3-bedroom layout with a bright and inviting living room, separate dining area, and a large kitchen offering plenty of cabinet and workspace. An exceptional detached garage provides ample room for vehicles, hobbies, or additional storage. The property offers three self-contained units in total, including the owner's living quarters. The two additional rental suites each feature their own private entrance, kitchen, and 4-piece bathroom, with shared access to the laundry area, creating an excellent opportunity to generate steady rental income while enjoying the comfort of your own home. Whether you're looking to offset your mortgage, purchase your first home, enter the rental market, or expand your investment portfolio, this versatile property offers flexibility and excellent income potential. Located on the city's desirable north side, you'll enjoy easy access to Boulevard Lake, scenic walking trails, parks, schools, shopping, and everyday amenities. A rare opportunity to own a well-maintained income property that allows you to live comfortably while generating rental income. Whether you're a first-time buyer, aspiring landlord, or seasoned investor, this property offers the perfect combination of homeownership and investment potential. Let's Book Your Viewing, Call Today. (id:63626)
Listed by: ELSIE TOMMASINI, Salesperson, RE/MAX FIRST CHOICE REALTY LTD.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$5,363
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Depth
Frontage
52.0
Exterior Finish
Siding
Heating Type
Forced air
Basement Details
Full
Features
Laundry Facility, Sprinkler System-Fire
Agent details
Primary Agent
ELSIE TOMMASINI
Primary Broker
RE/MAX FIRST CHOICE REALTY LTD.
Listing details
Days on REW
2 Days
MLS® Number
TB2602227
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

St Ignatius High School
  • Catholic
  • 9 - 12
St James Public School
  • Public
  • JK - 8
É C Franco-Supérieur
  • Catholic
  • JK - 6
St Margaret Catholic Elementary School
  • Catholic
  • JK - 6
Claude E Garton Public School
  • Public
  • JK - 8
Bishop Gallagher Senior Catholic Elementary School
  • Catholic
  • 7 - 8
Vance Chapman Public School
  • Public
  • JK - 8
Superior Collegiate
  • Public
  • 9 - 12
Vérendrye
  • Catholic
  • 7 - 12
St Paul Catholic Elementary School
  • Catholic
  • JK - 6
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
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-08-05.
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