1012 Victoria Avenue E
Thunder Bay (McKeller Park), ON P7C 1B6
- —Bedrooms
- —Bathrooms
- 0Parking
- —Sq Ft
- $3,984Tax
- 33×118 ftLot Size
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About 1012 Victoria Avenue E, Thunder Bay, McKeller Park
Summarized Description
- 5-unit investment property with high cash flow.
- Potential to increase income to $70k+/year.
- Well-maintained mixed-use property in prime location.
- Updated systems and features enhance value.
- Separate hydro meters for each unit.
- Coin-op laundry and storage available.
- 3 parking spaces included.
- Excellent long-term growth potential.
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***
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,984
- Land Transfer Tax Fee
- $4,855
Rental Items
- Rental Equipment
- None
- Basement Type
- Other
Interior Features
- Interior Extras
- Other
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Fenced Yard
Building
- Building Type
- Multiplex
Construction
- Exterior Finish
- Stucco (Plaster)
- Roof
- Other
- Foundation Details
- Block, Poured Concrete
- Special Designation
- Other
Lot
- Lot Front
- 33.00 ft
- Lot Depth
- 118.00 ft
- Lot Size
- 0.09
Inclusions
- Inclusions
- Four (4) Fridges, Four (4) Stoves, Coin-Op Washer/Dryer. All in as-is where-is condition.
Exclusions
- Exclusions
- None
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Other
- Air Conditioning
- Other
- Water
- Municipal
- Sewers
- Sewer
- Municipality
- Thunder Bay
- Neighbourhood
- McKeller Park
- Main cross streets
- Near Vickers Street
- Zoning
- Service Commercial Zone
- Directions
- Near Vickers Street
- MLS® number
- X13656800
- Data source
- tbay
- Status change
- 2026-09-16
- Listed on
- 2026-08-10
- Days on market
- 37 days
- Possession type
- Immediate
- Co-op commission
- 2% + HST
- Seller
- Listed by
- Royal LePage Lannon Realty
Home Market Value
Current home valuation for 1012 Victoria Avenue E, Thunder Bay, McKeller Park, Thunder Bay, ON. Listed for $419,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 1012 Victoria Avenue E, Thunder Bay, McKeller Park
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$20,950
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $15,922 | $11,690 | $9,972 | $0 |
=Total mortgage | $413,972 | $388,790 | $366,122 | $335,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,021monthly | $1,898monthly | $1,788monthly | $1,637monthly |
Land Transfer Tax
$4,855
$4,855
Around this home
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