1012 Victoria Ave E Thunder Bay, Ontario P7C 1B6
$419,000
5 UNIT INVESTMENT PROPERTY***CASH COW***Current Gross Rent $54,996/y + One Vacant Unit($1500) POTENTIAL for $70k+/y). Well-maintained mixed-use investment property featuring a 4-plex plus a small commercial unit on a high-visibility main arterial street. Current rents: Commercial $800/m+hydro. Apt 1 vacant/demolished (prev. $1,127.50). Apt 2 $893/m+hydro. Apt 3 $1,250/m+hydro. Apt 4 $1,640/m+ hydro; Coin-op laundry+ storage in basement (2 entrances). No basement under commercial. 3 parking. 5 Updated Panels 2021*New Interconnected Smoke Alarms* Commercial Roof 2018 *Main Roof 2006* Boiler 2018*Chimney 2018*Windows-Some 2017*New Vanities 2020* Flooring 2021*Hot Water Tank(Owned)2018. Coin-Op Laundry & Storage in Basement wth 2 Entrances. SOLID INVESTMENT OPPORTUNITY***CALL FOR INFO*** With Separate Hydro Meters & Clear Upside Through Renovation & Repositioning, Excellent Opportunity, PERFECT Investor EXCELLENT CASH FLOW* LONG TERM GROWTH***CALL FOR INFO*** (id:63476)
Property Details
| MLS® Number | TB2602295 |
| Property Type | Multi-family |
| Community Name | Thunder Bay |
| Communication Type | High Speed Internet |
| Community Features | Bus Route |
| Storage Type | Storage Shed |
| Structure | Deck, Workshop |
Building
| Age | Over 26 Years |
| Amenities | Laundry Facility |
| Exterior Finish | Stucco |
| Foundation Type | Block, Concrete Perimeter |
| Heating Type | Boiler |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Fence Type | Fenced Yard |
| Sewer | Municipal Sewage System |
| Size Frontage | 33.0000 |
| Size Irregular | 0.09 |
| Size Total | 0.09 Ac|under 1/2 Acre |
| Size Total Text | 0.09 Ac|under 1/2 Acre |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
Contact Us
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August 10 2026 06:21:52
Thunder Bay Real Estate Board
Royal LePage Lannon Realty