Real Estate for Sale in Hyde Park, Thunder Bay, ON

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Neighbourhood in Thunder Bay

Hyde Park

suburban family-friendly quiet

Hyde Park is a residential neighbourhood in Thunder Bay, Ontario. It offers a mix of single-family homes and low-rise apartments, making it suitable for various lifestyles.

Good school ratings Affordable housing prices Low population density Family-friendly environment Close to parks

At a glance

Photo of 608 Marks Street S
For SaleCorner LotFully Renovated
Listed for:

Listed 8 days ago

$295,000

608 Marks Street S

Thunder Bay (Hyde Park), ON P7E 1M8

3Bedrooms
1Bathroom
0Garage
700-1.1KSq Ft

DetachedFor Sale

Photo of 427 Norah Street S
For SaleFinished Basement
Listed for:

Listed Sep 10, 2026

$649,900

427 Norah Street S

Thunder Bay (Hyde Park), ON P7G 1P1

3Bedrooms
3Bathrooms
2Garage
2K-2.5KSq Ft

LinkFor Sale

Photo of 521 Vickers Street S
For Sale
Listed for:

Listed Aug 20, 2026

$199,900

521 Vickers Street S

Thunder Bay (Hyde Park), ON P7E 1K1

2 + 1Bedrooms
2Bathrooms
0Garage
—Sq Ft

DetachedFor Sale

Photo of 711 Ridgeway Street E
For SaleAttention Investors
Listed for:

Listed Aug 18, 2026

$415,000

711 Ridgeway Street E

Thunder Bay (Hyde Park), ON P7E 5H3

0Bedrooms
0Bathrooms
0Parking
—Sq Ft

MultiplexFor Sale

Day to dayLivability

5.2

Schools near listings

out of 10 · averaged over 22 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

$357,450

6% below Thunder Bay 50% below Ontario

In Hyde Park

$357,450

In Thunder Bay

$379,900

In Ontario

$719,900

Median monthly rent

In Ontario

$2,500

On the marketMarket snapshot

For sale

4

Median $357,450

Houses 4

For rent

0

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-08. 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 median home price
  • Strong school ratings
  • Family-oriented community
  • Low traffic congestion

Keep in mind

  • Limited public transit options
  • Few grocery stores and amenities

The feel of the placeLifestyle

Residents enjoy a quiet, suburban lifestyle with access to parks and schools. The area is family-friendly and has a tight-knit community feel.

Great for first-time buyers families those seeking affordable housing

Within the boundaryWhat's nearby

The boundary

1.3 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

1

Playgrounds

2

Restaurants

Counted across all 1.3 km² of Hyde Park. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

5.3/10

Average rating of the 1 rated school in this area

3

Secondary

  • St Patrick High School

    Catholic · Grades 9–12 · Thunder Bay CDSB

    5.3/105.6 over 5 yrs

    513th of 742 Ontario secondary schools

    1,030 students · EQAO 2024-2025

  • TB Catholic Alternative Education

    Catholic · Grades 9–12 · Thunder Bay CDSB

    Not rated

  • Thunder Bay Catholic DSB Summer School

    Catholic · Grades 9–12 · Thunder Bay CDSB

    Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Hyde Park, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

2,794

Population (2021)

1.1 km²

Area

2,562

People per km²

42.7

Median age

$77,563

Median income

62%

Own their home

2.1

People per household

1,220

Households

Every age

  • Children (under 15)14.8%
  • Working age (15–64)65.5%
  • Seniors (65+)19.7%

What is built here

  • Detached houses64.3%
  • Duplexes4.9%
  • Low-rise apartments30.3%

Own or rent

62%Owners

39%Renters

Across 1,220 households

When it was built

Mostly 1960 or earlier

  • 1960 or earlier74%
  • 1961–198014%
  • 1981–19905%
  • 1991–20003%
  • 2001–20050%
  • 2006–20101%
  • 2011–20150%
  • 2016–20212%

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.

6.2%
Born outside Canada
27.4%
Hold a degree or higher
53%
Employment rate
2.2%
Commute by transit
84.7%
Commute by car
1.6
Children per family
$67,087
Median income after tax
$92,559
Average household income
13.1%
Living on a low income
$949/mo
Renters pay, per month
$920/mo
Owners pay, per month
$278,910
Median home value at census
34%
Renters spending 30%+ of income on housing
7.6%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 6 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

HOMEH Market Pulse Through September 2026 Moderate sales history

What homes in Hyde Park actually sell for

49 homes changed hands in Hyde Park over the 12 months to September 2026. Half sold above $387,729 and half below, 6.4% higher than the 12 months before. A typical home found its buyer in 20 days — 6 days slower than a year ago.

Median sold price
$388K
+6.4% year over year
Days to sell
20
6 days slower
Sales closed
49
last 12 months
Per square foot
$311
from 7 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.

$571K$490K$409K$329K
Sep ’24May ’25Feb ’26Sep ’26
Median sold price Middle half of sales

What buyers actually paid

$1,032,300

on a $1,000,000 asking price — over ask by $32,300

−10%Asking price+10%
Of the asking price
103.2%
Sold over asking
61.2%

From 49 sales that closed here in the last 12 months.

What actually trades in Hyde Park

A single median hides this: the mix of homes behind it, and what each kind costs.

49sales
  • Detached$399K55.1%
  • Other kinds, too few of each —44.9%

How fast it moves

Median days on market, month by month. Taller means slower.

Jun 2025Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Hyde Park, sales
Monthly closed sales in Hyde Park
MonthClosedMedianMiddle halfDays% of ask
Sep 20267$400,000$345K – $423K2097.7%
Aug 20263 Not enough sales this month to report a median
Jul 20262 Not enough sales this month to report a median
Jun 20266$440,203$423K – $554K15108.6%
May 20265$418,000$400K – $505K11108.9%
Apr 20263 Not enough sales this month to report a median
Mar 20266$367,000$352K – $424K20104.6%
Feb 20263 Not enough sales this month to report a median
Jan 20263 Not enough sales this month to report a median
Dec 20252 Not enough sales this month to report a median
Nov 20254 Not enough sales this month to report a median
Oct 20255$385,000$350K – $505K17100.0%
Aug 20255$378,500$350K – $436K12121.3%
Jul 20253 Not enough sales this month to report a median
Jun 20258$401,250$349K – $469K11118.5%
May 20254 Not enough sales this month to report a median
Apr 20252 Not enough sales this month to report a median
Mar 20251 Not enough sales this month to report a median
Jan 20251 Not enough sales this month to report a median
Dec 20241 Not enough sales this month to report a median
Nov 20243 Not enough sales this month to report a median
Oct 20244 Not enough sales this month to report a median
Sep 20241 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 Hyde Park

How much does a home cost in Hyde Park?

Homes in Hyde Park sold for a median of $387,729 over the 12 months to September 2026, across 49 closed sales — half sold for more and half for less. That is 6.4% higher than the 12 months before it.

How long does it take to sell a home in Hyde Park?

A home in Hyde Park 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 61.2% selling over asking.

Compiled by HOMEH from sales reported closed in Hyde Park 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.