For Sale: 230 Brodie Street N, Thunder Bay, ON - REW
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$999,999
0 bd ba sf Multifamily

230 Brodie St NThunder Bay, ON, P7C 3S5

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

Exceptional investment opportunity to own a legally recognized 12-unit apartment building in a prime central location. Originally built in 1913, this solid brick and stone character property blends historic charm with significant long-term income potential. Designated as a historical building, the property showcases timeless architectural appeal while benefiting from numerous important updates and improvements over the years. This legal non-conforming 12-plex offers twelve self-contained 1-bedroom units, each featuring a full bathroom, kitchen, living area, and dual entrances. Hardwood flooring exists beneath most floor coverings, with a mix of carpet, vinyl, and linoleum currently throughout. All existing appliances are included in the sale. Extensively maintained, the property features a newer metal roof completed in 2021, updated eavestroughs and downspouts completed in 2026, a 400-amp main electrical service, separately metered units, owned hot water tanks, and a newer natural gas forced-air heating system servicing the basement area, with electric baseboard heating in each individual unit. The front stairwell was added approximately five years ago to satisfy fire code requirements following a satisfactory fire inspection report. Additional improvements and compliance upgrades have also been completed, reflecting pride of ownership and ongoing care. The building sits on a 49.82’ x 99.34’ lot and offers strong upside potential for investors looking to expand or stabilize their portfolio. Currently tenant parking is street parking only, with future parking considerations potentially available through a minor variance application with the city. This is a rare opportunity to acquire a well-maintained multi-family asset with historical significance, strong rental fundamentals, and long-term value-add potential. Perfect for seasoned investors or those looking to add a unique income-generating property to their portfolio. (id:63626)
Listed by: MICHAEL VENEZIALE, Broker, SIGNATURE NORTH REALTY INC.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$19,530
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Depth
Frontage
49.82
Year Built
Built in 1913 (113 yrs old)
Exterior Finish
Steel, Brick
Heating Type
Baseboard heaters, Forced air
Basement Details
Full
Agent details
Primary Agent
Primary Broker
SIGNATURE NORTH REALTY INC.
Secondary Agent
MARCIA BROUGHTON
Secondary Broker
SIGNATURE NORTH REALTY INC.
Listing details
Days on REW
20 Days
Property Views
15
MLS® Number
TB2601126
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
St Jude Catholic Elementary School
  • Catholic
  • JK - 6
Pope John Paul II Elementary School
  • Catholic
  • 7 - 8
Ogden Community Public School
  • Public
  • JK - 8
St Patrick School
  • Catholic
  • 9 - 12
St Elizabeth Catholic Elementary School
  • Catholic
  • JK - 6
Hyde Park Public School
  • Public
  • JK - 3
St Thomas Aquinas Catholic Elementary School
  • Catholic
  • JK - 6
Kingsway Park Public School
  • Public
  • 4 - 8
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
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 2026-06-10.