401 Empire Avenue
Thunder Bay (Westfort), ON P7E 4S3
- —Bedrooms
- —Bathrooms
- 0Parking
- —Sq Ft
- $9,847Tax
- 70×120 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 401 Empire Avenue, Thunder Bay, Westfort
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 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 401 Empire Avenue, Thunder Bay, Westfort
Summarized Description
- Turn-key investment with immediate cash flow
- Newly constructed 4-plex in desirable location
- Each unit features 2 bedrooms and granite countertops
- Superior construction with ICF basement for efficiency
- Open-concept living and in-suite laundry in all units
- Separate entrances and driveways for each unit
- Close to bus routes, schools, and parks
- Fully rented, providing stable income opportunity
PREMIER INVESTMENT OPPORTUNITY: BRAND NEW, FULLY RENTED 4-PLEX! Secure your future with this turn-key investment property—a stunning, newly constructed 4-plex in a quiet, highly desirable pocket of Westfort. This property is built to attract and retain quality tenants, boasting superior construction including an ICF basement for unmatched efficiency. Each of the four currently rented units offers 2 bedrooms, premium features like granite countertops, open-concept living, in-suite laundry, individual heating systems, hot water on demand, and separate entrances and driveways. Its prime location offers residents walkable access to bus routes, schools, parks, and Westfort Village amenities. This is a rare chance to acquire a fully stabilized income property providing immediate, stable cash flow. Don't miss out on this low-risk, high-return asset; contact agent for the full investment package.(PICTURES ARE BEFORE TENANTED) (Adjacent 4plex also for sale) (Apt A - $2450; Apt B - $2250; Apt C $2250; Apt D $2250 all rents plus heat and hydro.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $9,847
- Land Transfer Tax Fee
- $26,275
Rental Items
- Rental Equipment
- NONE
- Basement Type
- Full
Interior Features
- Interior Extras
- Other
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Approx Age
- 0-5
Construction
- Exterior Finish
- Vinyl Siding, Unknown, Aluminum Siding, Stone
- Roof
- Asphalt Rolled
- Foundation Details
- Other
- Special Designation
- Other
Lot
- Lot Front
- 69.50 ft
- Lot Depth
- 119.57 ft
Inclusions
- Inclusions
- 4 Fridges, 4 stoves, 4 washer, 4 dryers, 4 dishwashers, all window coverings
Exclusions
- Exclusions
- Tenants belongings
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
- Westfort
- Main cross streets
- Corner of Sprague and Ford Street
- Zoning
- Urban Mid-Rise Zone
- Directions
- Corner of Sprague and Ford Street
- MLS® number
- X13250596
- Data source
- tbay
- Listed on
- 2026-05-27
- Updated on
- 2026-08-07
- Days on market
- 141 days
- Possession type
- Flexible
- Co-op commission
- 20000
- Seller
- Listed by
- Royal LePage Lannon Realty
Home Market Value
Current home valuation for 401 Empire Avenue, Thunder Bay, Westfort, Thunder Bay, ON. Listed for $1,490,000
HOMEH Estimate
—
Estimated Sales Range
—
HOMEH Estimate for 401 Empire Avenue, Thunder Bay, Westfort
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $990,000 over $500K
$124,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $54,594 | $41,571 | $35,462 | $0 |
=Total mortgage | $1,419,434 | $1,382,571 | $1,301,962 | $1,192,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,930monthly | $6,750monthly | $6,357monthly | $5,820monthly |
Land Transfer Tax
$26,275
$26,275
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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