Real Estate for Sale in Academy Heights, Thunder Bay, ON
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Neighbourhood in Thunder Bay
Academy Heights
Academy Heights is a quiet neighbourhood in Thunder Bay. It offers a mix of residential options and local amenities.
Thunder Bay, Ontario
© Mapbox © OpenStreetMap
At a glance
Day to dayLivability
6.7
Schools near listings
out of 10 · averaged over 15 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$409,900
In Academy Heights
$409,900
In Thunder Bay
$384,900
In Ontario
$719,000
Median monthly rent
In Ontario
$2,500
On the marketMarket snapshot
For sale
2
Median $409,900
Condos 2
For rent
0
Recently sold
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Recently leased
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Market data as of 2026-10-09. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Affordable compared to provincial median prices
- Family-friendly with parks and playgrounds
- Low population density for a quieter lifestyle
Keep in mind
- Limited grocery and pharmacy options
- No schools within the neighbourhood
The feel of the placeLifestyle
Daily life in Academy Heights is peaceful, with local parks for recreation. Residents may need to travel for shopping and schools.
Within the boundaryWhat's nearby
The boundary
1.2 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
2
Parks
2
Playgrounds
1
Restaurants
2
Gyms
Counted across all 1.2 km² of Academy Heights. From OpenStreetMap, as of 2026-10-12.
The peopleWho lives here
2,854
Population (2021)
1.0 km²
Area
2,741
People per km²
39.6
Median age
$56,241
Median income
34%
Own their home
2
People per household
1,355
Households
Every age
- Children (under 15)12.7%
- Working age (15–64)64.7%
- Seniors (65+)22.7%
What is built here
- Detached houses27.4%
- Semi-detached3.9%
- Townhouses12.5%
- Duplexes10.3%
- Low-rise apartments21%
- High-rise apartments24.9%
Own or rent
34%Owners
66%Renters
Across 1,355 households
When it was built
Mostly 1961–1980
- 1960 or earlier25%
- 1961–198037%
- 1981–199016%
- 1991–20006%
- 2001–20052%
- 2006–20102%
- 2011–20156%
- 2016–20214%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 13.1%
- Born outside Canada
- 26.8%
- Hold a degree or higher
- 43.5%
- Employment rate
- 16.3%
- Commute by transit
- 75.8%
- Commute by car
- 1.7
- Children per family
- $52,416
- Median income after tax
- $67,920
- Average household income
- 23%
- Living on a low income
- $971/mo
- Renters pay, per month
- $812/mo
- Owners pay, per month
- $278,265
- Median home value at census
- 26.2%
- Renters spending 30%+ of income on housing
- 10.9%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 5 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Mapbox © OpenStreetMap
What homes in Academy Heights actually sell for
27 homes changed hands in Academy Heights over the 12 months to September 2026. Half sold above $314,296 and half below, 8.7% higher than the 12 months before. A typical home found its buyer in 20 days — 7 days slower than a year ago.
- Median sold price
- $314K
- +8.7% year over year
- Days to sell
- 20
- 7 days slower
- Sales closed
- 27
- last 12 months
- Per square foot
- $390
- from 2 sized sales
Three years of sold prices
The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one home here differs from the next.
What buyers actually paid
$1,032,100
on a $1,000,000 asking price — over ask by $32,100
- Of the asking price
- 103.2%
- Sold over asking
- 55.6%
From 27 sales that closed here in the last 12 months.
Every month behind these charts — Academy Heights, sales
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 1 | Not enough sales this month to report a median | |||
| Aug 2026 | 6 | $353,000 | $283K – $475K | 13 | 104.5% |
| Jul 2026 | 3 | Not enough sales this month to report a median | |||
| Jun 2026 | 4 | Not enough sales this month to report a median | |||
| Apr 2026 | 1 | Not enough sales this month to report a median | |||
| Mar 2026 | 2 | Not enough sales this month to report a median | |||
| Dec 2025 | 2 | Not enough sales this month to report a median | |||
| Nov 2025 | 3 | Not enough sales this month to report a median | |||
| Oct 2025 | 5 | $290,000 | $270K – $306K | 27 | 96.7% |
| Sep 2025 | 5 | $272,000 | $262K – $300K | 13 | 103.7% |
| Aug 2025 | 3 | Not enough sales this month to report a median | |||
| Jul 2025 | 1 | Not enough sales this month to report a median | |||
| Jun 2025 | 2 | Not enough sales this month to report a median | |||
| May 2025 | 7 | $280,000 | $258K – $360K | 9 | 105.7% |
| Apr 2025 | 2 | Not enough sales this month to report a median | |||
| Mar 2025 | 3 | Not enough sales this month to report a median | |||
| Feb 2025 | 3 | Not enough sales this month to report a median | |||
| Jan 2025 | 1 | Not enough sales this month to report a median | |||
| Dec 2024 | 1 | Not enough sales this month to report a median | |||
| Oct 2024 | 6 | $241,450 | $227K – $265K | 15 | 100.0% |
| Sep 2024 | 2 | Not enough sales this month to report a median | |||
16 of these months closed fewer than 5 sales. A middle value taken over that few is not a market figure — with one sale it is simply that home's closing price — so the count is shown and the median is not. The sales themselves still count toward the 12-month figures above.
What people ask about Academy Heights
How much does a home cost in Academy Heights?
Homes in Academy Heights sold for a median of $314,296 over the 12 months to September 2026, across 27 closed sales — half sold for more and half for less. That is 8.7% higher than the 12 months before it.
How long does it take to sell a home in Academy Heights?
A home in Academy Heights took a median of 20 days on the market over the 12 months to September 2026. Homes there closed at 103.2% of the asking price on average, with 55.6% selling over asking.
Compiled by HOMEH from sales reported closed in Academy Heights on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.
A condo here is its own market
2 condo apartments are on the market in Academy Heights right now. Too few have closed here in the last year for us to publish a median we would stand behind.