About this home

329 Grenville Avenue, Thunder Bay

Excellent investment opportunity with this legal triplex offering approximately 2,255 square feet of living space across three self-contained units. One unit is currently vacant, providing the flexibility to move in yourself or select your own tenant at current market rents. The main floor features two one-bedroom apartments, while the upper-level unit offers a spacious two-bedroom layout. The property includes separate hydro meters for each apartment, however, the two currently rented units have utilities included in their rent. Located in the desirable Current River area, this property offers convenient access to boulevard lake, grocery store, and schools and more, as well as on-site parking for tenants. Shingles were replaced in November 2025, providing an important recent update. While the property would benefit from some improvements and updating, it presents an excellent opportunity for a buyer to add value, increase rents, and build long-term equity and cash flow. A solid investment with strong upside potential for the right owner.

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