401 May Street N
Thunder Bay (McKeller Park), ON P7C 3R4
- 1Bedroom
- 2Bathrooms
- 0Garage
- —Sq Ft
- $2,350Tax
- 26×61 ftLot Size
Estimated Value:$303,501See Free Estimate Report
Property not available for sale or for rent.
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 401 May Street N, Thunder Bay, McKeller Park
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-05-12 | 2026-05-25 | Login to See Prices | Sold | x13254262 |
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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 May Street N, Thunder Bay, McKeller Park
Summarized Description
- Prime mixed-use property with commercial and residential units
- Spacious commercial unit with excellent street visibility
- Bright 1-bedroom apartment with private entrance
- Ideal for owner-occupancy or rental opportunities
- Located in an amenity-rich area with shops and restaurants
- Zoned for mixed use, offering high potential
- Vacant units allow flexibility in rental income
- Attractive option for business owners and investors
Exceptional opportunity to own a vacant mixed-use property in a prime, amenity-rich area of town. The main floor features a spacious commercial unit with excellent street exposure—ideal for retail, office, or service-based businesses—offering flexibility and great visibility for your enterprise or tenants. Upstairs is a bright and private 1-bedroom apartment with its own entrance, perfect for owner-occupancy, short- or long-term rental, or a live/work setup. With both units currently vacant, you have the freedom to set your own rents or move in immediately. This versatile property is surrounded by shops, restaurants, transit, and other key amenities, making it an attractive option for business owners and investors alike. Zoned for mixed use, this is a rare chance to secure a high-potential asset in a sought-after location.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,350
- Land Transfer Tax Fee
- $4,174
- Basement Type
- Unfinished, Full
Interior Features
- Interior Extras
- Other
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Block
- Special Designation
- Other
Lot
- Lot Front
- 26.41 ft
- Lot Depth
- 60.84 ft
Inclusions
- Inclusions
- N/A
Exclusions
- Exclusions
- N/A
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Other
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 1
- Washrooms
- 2
- Kitchens
- 2
Room sizes
- Living Room19"9 x 12"2Second level, Vinyl Floor
- Kitchen12'8" x 11'7"Second level, Vinyl Floor
- Primary Bedroom12'10" x 9'5"Second level, Laminate
- Bathroom4-pieceSecond level, Laminate
- Bathroom2-pieceBasement level, Vinyl Floor
- Kitchen—Main level, Tile Floor
- Sunroom14'x 4'7"Second level, Laminate
Washrooms
- 2-piece, Basement
- 4-piece, Second
- Municipality
- Thunder Bay
- Neighbourhood
- McKeller Park
- Main cross streets
- Head south on may street and take a left on dease to find parking
- Zoning
- Service Commercial Zone
- Directions
- Head south on may street and take a left on dease to find parking
- MLS® number
- X13254262
- Data source
- tbay
- Status change
- 2026-05-25
- Listed on
- 2025-05-12
- Days on market
- 378 days
- Possession type
- Immediate
- Co-op commission
- 2
- Seller
- Listed by
- Royal LePage Lannon Realty
Home Market Value
Current home valuation for 401 May Street N, Thunder Bay, McKeller Park, Thunder Bay, ON. Listed for $379,900
HOMEH Estimate
$303,501
Estimated Sales Range
$212,451 - $394,551
HOMEH Estimate for 401 May Street N, 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
$18,995
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $14,436 | $10,599 | $9,042 | $0 |
=Total mortgage | $375,341 | $352,509 | $331,957 | $303,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,833monthly | $1,721monthly | $1,621monthly | $1,484monthly |
Land Transfer Tax
$4,174
$4,174
Around this home
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