Real Estate for Sale in Mountain Road, Thunder Bay, ON
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Neighbourhood in Thunder Bay
Mountain Road
Mountain Road is a quiet neighbourhood in Thunder Bay. It offers a mix of residential homes and a close-knit community feel.
At a glance
Listed Sep 1, 2026
2020 Mountain Road
Thunder Bay (Mountain Road), ON P7J 1C8
DetachedFor Sale
Listed Sep 1, 2026
Unit F3, 1055 Chippewa Road
Thunder Bay (Mountain Road), ON P7J 1J1
Mobile/TrailerFor Sale
What it costsAffordability
Median asking price
$659,900
In Mountain Road
$659,900
In Thunder Bay
$379,900
In Ontario
$719,900
Median monthly rent
In Thunder Bay
$3,200
In Ontario
$2,500
On the marketMarket snapshot
For sale
4
Median $659,900
Houses 4
For rent
0
Recently sold
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Recently leased
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Market data as of 2026-10-07. 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
- Family-friendly environment
- Low crime rate
- High home ownership
- Good school rating
Keep in mind
- Limited rental options
- Few amenities like grocery stores
- Higher home prices than city median
The feel of the placeLifestyle
Residents enjoy a peaceful lifestyle with access to parks. Daily life is centered around family and community.
Within the boundaryWhat's nearby
The boundary
18.7 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
6
Parks
1
Playgrounds
1
Restaurants
2
Gyms
Counted across all 18.7 km² of Mountain Road. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
7.4/10
Average rating of the 1 rated school in this area
1
Elementary
Nor'wester View Public School
Public · Grades JK–8 · Lakehead DSB
7.4/106.7 over 5 yrs626th of 3,045 Ontario elementary schools
300 students · EQAO 2024-2025
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Mountain Road, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source.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
1,609
Population (2021)
15.1 km²
Area
107
People per km²
46.7
Median age
$138,582
Median income
97%
Own their home
2.7
People per household
585
Households
Every age
- Children (under 15)16.8%
- Working age (15–64)64.3%
- Seniors (65+)18.9%
What is built here
- Detached houses94.1%
- Townhouses0.8%
- Duplexes0.8%
Own or rent
97%Owners
2%Renters
Across 585 households
When it was built
Mostly 1991–2000
- 1960 or earlier3%
- 1961–198023%
- 1981–199026%
- 1991–200027%
- 2001–20053%
- 2006–20105%
- 2011–20154%
- 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.
- 5.3%
- Born outside Canada
- 29.9%
- Hold a degree or higher
- 58.9%
- Employment rate
- 0%
- Commute by transit
- 94.3%
- Commute by car
- 1.8
- Children per family
- $115,599
- Median income after tax
- $152,260
- Average household income
- 3.1%
- Living on a low income
- $1,241/mo
- Owners pay, per month
- $465,375
- Median home value at census
- 3.6%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 3 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
What homes in Mountain Road actually sell for
14 homes changed hands in Mountain Road over the 12 months to September 2026. Half sold above $627,214 and half below, 14.9% higher than the 12 months before. A typical home found its buyer in 29 days — 4 days slower than a year ago.
- Median sold price
- $627K
- +14.9% year over year
- Days to sell
- 29
- 4 days slower
- Sales closed
- 14
- last 12 months
- Per square foot
- $440
- from 3 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
$1,025,500
on a $1,000,000 asking price — over ask by $25,500
- Of the asking price
- 102.6%
- Sold over asking
- 64.3%
From 14 sales that closed here in the last 12 months.
Every month behind these charts — Mountain Road, sales
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 3 | Not enough sales this month to report a median | |||
| Aug 2026 | 3 | Not enough sales this month to report a median | |||
| Jul 2026 | 1 | Not enough sales this month to report a median | |||
| Jun 2026 | 3 | Not enough sales this month to report a median | |||
| Apr 2026 | 1 | Not enough sales this month to report a median | |||
| Mar 2026 | 1 | Not enough sales this month to report a median | |||
| Dec 2025 | 1 | Not enough sales this month to report a median | |||
| Oct 2025 | 1 | Not enough sales this month to report a median | |||
| Aug 2025 | 4 | Not enough sales this month to report a median | |||
| May 2025 | 3 | Not enough sales this month to report a median | |||
| Dec 2024 | 2 | Not enough sales this month to report a median | |||
| Nov 2024 | 2 | Not enough sales this month to report a median | |||
| Oct 2024 | 3 | Not enough sales this month to report a median | |||
13 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 Mountain Road
How much does a home cost in Mountain Road?
Homes in Mountain Road sold for a median of $627,214 over the 12 months to September 2026, across 14 closed sales — half sold for more and half for less. That is 14.9% higher than the 12 months before it.
How long does it take to sell a home in Mountain Road?
A home in Mountain Road took a median of 29 days on the market over the 12 months to September 2026. Homes there closed at 102.6% of the asking price on average, with 64.3% selling over asking.
Compiled by HOMEH from sales reported closed in Mountain Road 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.