Listed for:Listed 4 days ago
$299,900

316 Rita Street

Thunder Bay (Current River), ON P7A 1H3

Detached House For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 316 Rita Street, Thunder Bay, Current River

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 316 Rita Street, Thunder Bay, Current River

Summarized Description

  • Bungalow with renovation potential for buyers.
  • Partially finished basement with separate entrance.
  • Opportunity for in-law suite or rental space.
  • Generously sized bedrooms and functional layout.
  • Fully fenced yard for outdoor activities.
  • Convenient location near schools and parks.

Bring your vision to life with this Current River bungalow full of potential! Featuring 2 generously sized bedrooms, a full bathroom, and a functional layout on the main floor, this home offers a great opportunity for buyers looking to renovate and make a space their own. The partially finished basement, complete with a separate front entrance, provides amazing potential for an in-law suite, additional living space, or rental versatility. Outside, enjoy a fully fenced yard with plenty of room to create your ideal outdoor oasis. Whether you're a first-time buyer, renovator, or investor, this property is ready for its next chapter! Conveniently located near local schools, outdoor parks, recreation trails, and all amenities.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,269
Land Transfer Tax Fee
$2,974

Rental Items

Rental Equipment
HWT Reliance $23.12 per month.
Under Contract
Hot Water Tank-Gas

Basement Type
Partially Finished, Separate Entrance

Interior Features

Laundry Level
Lower Level
Interior Extras
Other
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Other

Lot

Lot Front
33.00 ft
Lot Depth
120.00 ft

Inclusions

Inclusions
Washer, Dryer, Fridge & Stove.

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
1
Total Garage And Parking Spaces
1

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
2
Washrooms
2
Kitchens
1

Room sizes

  • Kitchen—
    Main level
  • Bathroom—
    Basement level, 2 Pc Bath
  • Bathroom—
    Main level, 4 Pc Bath
  • Dining Room—
    Main level
  • Primary Bedroom—
    Main level
  • Den—
    Basement level
  • Living Room—
    Main level
  • Workshop—
    Basement level
  • Laundry—
    Basement level
  • Bedroom—
    Main level
  • Recreation—
    Basement level

Washrooms

  • 4-piece, Main
  • 2-piece, Basement

Municipality
Thunder Bay
Neighbourhood
Current River
Main cross streets
Hodder Avenue & Rita Street
Directions
Between Hodder Avenue & Leslie Avenue
Waterfront
None

MLS® number
X14110424
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-23
Updated on
2026-10-23
Days on market
4 days
Possession type
Flexible
Co-op commission
2
Seller
Listed by
REMAX Generations Realty

Home Market Value

Current home valuation for 316 Rita Street, Thunder Bay, Current River, Thunder Bay, ON. Listed for $299,900

HOMEH Estimate

?

$359,880

Estimated Sales Range

?

$305,850 - $440,925

HOMEH Estimate for 316 Rita Street, Thunder Bay, Current River

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

$359,880Low confidence
Based on 13 comparable properties
− $59,980 (17%) below our estimate — Good deal!
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Thunder Bay, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$14,995

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$11,396$8,367$7,138$0
=Total mortgage
$296,301$278,277$262,053$239,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$1,447monthly$1,359monthly$1,279monthly$1,171monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$2,974

Total Land Transfer Tax

$2,974

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