For Sale: 350 Bay Street, Thunder Bay, ON - REW
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$849,900
9 bd • 6 ba • 3500 - 4999 sf • Multifamily
350 Bay Street
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$849,900
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350 Bay StreetThunder Bay, ON, P7B 1S3

  • 9 Bed
  • 6 Bath
  • 3500 - 4999 Sqft
  • Multifamily

About this home

An exceptional turnkey investment opportunity with rare vacant possession on closing! This fully renovated and permitted triplex (converted in 2013/14) comes documented with all permits, structural/engineering drawings, and fire reports-everything has been done right. The property features 3 spacious, self-contained 3-bedroom, 2-bathroom apartments (1,280 sq ft each) with matching layouts, finishings, in-suite laundry, individual furnaces, central A/C, and separate 100-amp panels. Tenants pay their own hydro, heat, and Wi-Fi, leaving the landlord responsible only for common elements (equipped with hardwired security cameras). The basement offers dedicated tenant storage with large open undeveloped area. Past rents ranged from $2,180-$2,350/mo plus utilities option for more. Key updates include shingles, windows, plumbing, electrical, insulation, drywall, lighting, bathrooms, flooring, appliances, A/C, furnaces, 2 sump pumps, and a backwater valve and so much more!!! Outside features ample parking with expansion space. Well-maintained with annual fire inspections, this gem is near the marina, law school, transit, and top amenities. Top floor boasts Lake Superior views and high ceilings. 2 units vacant now; 3rd vacant Nov 1st. Nothing left to do-just lease the units at top market rates and enjoy a hassle-free, low-maintenance property. (id:63626)
Listed by: Becky Forester, Broker, Royal LePage® Lannon Realty

Home facts and features

Price details
List Price
$849,900
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Gross Taxes for 2025
$6,720
Home facts
Bedrooms
9
Full Bathrooms
6
Parking Spaces
6
Parking Details
No Garage
Property Type
Multifamily
Lot Size
66 ft x 100 ft (6600 ft²)
Depth
100 feet
Frontage
66.0 feet
Exterior Finish
Brick, Vinyl siding
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Unfinished, Full,
Features
Separate Electricity Meters, Sump Pump
Appliances
Dishwasher, Gas stove(s), Microwave, Refrigerator, Washer
Agent details
Primary Agent
Primary Broker
Royal LePage® Lannon Realty
Listing details
Days on REW
4 Days
MLS® Number
X14082380
Source
Canadian Real Estate Association
Board
Thunder Bay Real Estate Board
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Property Insights

Corpus Christi Catholic Elementary School
  • Catholic
  • JK - 6
Ecole Gron Morgan Public School
  • Public
  • JK - 8
Vérendrye
  • Catholic
  • 7 - 12
Algonquin Avenue Public School
  • Public
  • JK - 8
É C Franco-Supérieur
  • Catholic
  • JK - 6
St James Public School
  • Public
  • JK - 8
St Bernard Catholic Elementary School
  • Catholic
  • JK - 6
Hammarskjold High School
  • Public
  • 9 - 12
Bishop E. Q. Jennings Sr Elementary School
  • Catholic
  • 7 - 8
C D Howe 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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Broker
Becky Forester
Office:
807-623-5011
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