Listed for:Listed 7 days ago
$519,900

114 Caroline Street

Thunder Bay (Green Acres), ON P7E 4T6

Detached House For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 114 Caroline Street, Thunder Bay, Green Acres

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 114 Caroline Street, Thunder Bay, Green Acres

Summarized Description

  • Unique investment with multiple rental units available.
  • Property features 7 bedrooms and 3 kitchens.
  • Flexible layout suitable for various living arrangements.
  • Recent renovations and updates enhance property value.
  • Detached garage and ample parking included.
  • Convenient location near everyday amenities.
  • Currently rented to reliable tenants.
  • Generous lot size offers additional potential.

One-of-a-kind investment opportunity at 114 Caroline Street! Situated on a generous 66' x 122' lot, this unique property offers an impressive combination of space, flexibility, and income potential. The home features 7 bedrooms, 4 bathrooms, and 3 kitchens, with the current owner utilizing the property as three separate apartments, all currently rented to good tenants.The property has seen numerous updates over the years, including shingles completed in 2021, most windows updated, plumbing upgraded to PEX, and renovations throughout the interior. Additional features include central air conditioning and hot water on demand.Outside, the property offers ample parking spaces and a detached garage with 2 large overhead doors. With its generous lot, flexible layout, multiple living spaces, and established rental setup, this is an excellent opportunity for investors looking to add a unique property to their portfolio. Located in a convenient area close to everyday amenities, 114 Caroline Street offers a combination of rental potential, updates, and versatility that is truly hard to find.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,538
Land Transfer Tax Fee
$6,873

Basement Type
Apartment, Finished, Separate Entrance

Interior Features

Laundry Level
Lower Level
Interior Extras
Accessory Apartment, In-Law Suite, On Demand Water Heater
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Vinyl Siding, Brick
Roof
Asphalt Shingle
Foundation Details
Block
Special Designation
Unknown

Lot

Lot Front
66.00 ft
Lot Depth
122.00 ft

Inclusions

Inclusions
3 fridge, 3 stove, washer & dryer (coin-op included). Furniture in Apt 2 (couch, chair, table & 2 chairs, 2 beds)

Exclusions

Exclusions
2nd fridge in Apt 1

Parking & Garages

Garage Type
Detached
Garage Spaces
2
Parking Spaces
4
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Telephone
Yes

Bedrooms
7
Washrooms
4
Kitchens
3

Room sizes

  • Bedroom—
    Basement level
  • Bedroom 2—
    Main level
  • Bedroom 3—
    Main level
  • Bedroom 5—
    Basement level
  • Kitchen—
    Main level
  • Bedroom—
    Basement level
  • Bedroom 4—
    Main level
  • Dining Room—
    Main level
  • Kitchen—
    Basement level
  • Kitchen—
    Basement level
  • Living Room—
    Basement level
  • Living Room—
    Basement level
  • Primary Bedroom—
    Main level, W/O To Patio
  • Living Room—
    Main level

Washrooms

  • 4-piece, Main
  • 3-piece, Main
  • 3-piece, Basement
  • 3-piece, Basement

Municipality
Thunder Bay
Neighbourhood
Green Acres
Main cross streets
Caroline & Gordon
Directions
Off of Edward St S

MLS® number
X13875592
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-08
Updated on
2026-10-10
Days on market
7 days
Possession type
Immediate
Co-op commission
2%
Seller
Listed by
SIGNATURE NORTH REALTY INC.

Home Market Value

Current home valuation for 114 Caroline Street, Thunder Bay, Green Acres, Thunder Bay, ON. Listed for $519,900

HOMEH Estimate

?

$579,599

Estimated Sales Range

?

$347,759 - $811,439

HOMEH Estimate for 114 Caroline Street, Thunder Bay, Green Acres

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$579,599Low confidence
Based on 15 comparable properties
− $59,699 (10%) below our estimate — Good deal!
See the full analysisFree Every recent nearby sale behind this number

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Thunder Bay, ON
Minimum Down Payment Required:5.2%

5% on first $500K + 10% on $19,900 over $500K

Minimum down payment

$26,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$19,715$14,505$12,374$0
=Total mortgage
$512,580$482,415$454,289$415,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,503monthly$2,355monthly$2,218monthly$2,031monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$6,873

Total Land Transfer Tax

$6,873

Around this home

8/100Almost All Errands Require a Car
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