711 Ridgeway Street E
Thunder Bay (Hyde Park), ON P7E 5H3
- —Bedrooms
- —Bathrooms
- 0Parking
- —Sq Ft
- $5,452Tax
- 54×95 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 711 Ridgeway Street E, Thunder Bay, Hyde Park
| 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 711 Ridgeway Street E, Thunder Bay, Hyde Park
Summarized Description
- Fully tenanted income property with cash flow.
- Three self-contained rental units available.
- Professional property management in place.
- Massive private deck enhances tenant appeal.
- Turnkey investment opportunity for investors.
- Large garage provides additional income source.
- Cozy gas fireplace in second-floor unit.
- Spacious main floor 2-bedroom unit.
New Listing! Attention investors! This fully tenanted income property is an exceptional opportunity to add a cash-flowing asset to your portfolio. Featuring three self-contained rental units, this property offers multiple income streams with the convenience of professional property management already in place. The main floor features a spacious 2-bedroom, 1-bathroom unit, while the second-floor unit offers 2 bedrooms, 1 bathroom, a cozy gas fireplace, and a massive private deck that adds tremendous tenant appeal. The third floor is a self-contained bachelor suite, completing this versatile triplex. Adding even more value, the property includes a large garage that is separately rented, creating an additional source of income. With all units and the garage currently rented, this is a true turnkey investment. Whether you're looking to expand your portfolio or purchase your first investment property, this is an opportunity you won't want to miss.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,452
- Land Transfer Tax Fee
- $4,775
Rental Items
- Rental Equipment
- 3 Hot water tanks and 1 furnace (Enercare)
- Basement Type
- Full
Interior Features
- Interior Extras
- Other
- Fireplace/Stove
- No
- Fireplace Features
- Natural Gas
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
Construction
- Exterior Finish
- Other
- Roof
- Other
- Foundation Details
- Other
- Special Designation
- Other
Lot
- Lot Front
- 54.00 ft
- Lot Depth
- 95.25 ft
Inclusions
- Inclusions
- Fridge and Stove in all 3 units, and shared Washer & Dryer (All in as is Condition)
Exclusions
- Exclusions
- None
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
Heating & Cooling
- Heat Source
- Other
- Heat Type
- Other
- Air Conditioning
- Other
- Water
- Other
- Municipality
- Thunder Bay
- Neighbourhood
- Hyde Park
- Main cross streets
- Off Archibald St. (Corner of Archibald and Ridgeway)
- Directions
- Off Archibald St. (Corner of Archibald and Ridgeway)
- MLS® number
- X13687188
- Data source
- tbay
- Listed on
- 2026-08-18
- Updated on
- 2026-09-24
- Days on market
- 58 days
- Possession type
- Immediate
- Co-op commission
- 2%
- Seller
- Listed by
- RE/MAX First Choice Realty Ltd.
Home Market Value
Current home valuation for 711 Ridgeway Street E, Thunder Bay, Hyde Park, Thunder Bay, ON. Listed for $415,000
HOMEH Estimate
—
Estimated Sales Range
—
HOMEH Estimate for 711 Ridgeway Street E, Thunder Bay, Hyde 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
$20,750
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $15,770 | $11,579 | $9,877 | $0 |
=Total mortgage | $410,020 | $385,079 | $362,627 | $332,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,002monthly | $1,880monthly | $1,771monthly | $1,621monthly |
Land Transfer Tax
$4,775
$4,775
Around this home
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