Property
Type, style and structure
- Type
- residential
- Style
- multiplex / Multiplex
- Ownership
- Freehold
- Basement
- Full
+9 more
Property Snapshot
Key details for this listing
Costs
Price, taxes and monthly charges
- List Price
- $474,900
- Taxes
- $3,007 (2025)
- Days on Market
- 214
About This Property
This multiplex in Thunder Bay is available for your consideration. The home features other, a full basement.
MLS Remarks
This is a fantastic investment opportunity with a fully occupied 5-unit apartment building. The property features five spacious, purpose built 1-bedroom, 1-bathroom apartments, with separate utility meters for electric and gas and their own hot water tanks, ensuring low landlord expenses and hassle-free management. The building is fully occupied, providing stable rental income. It has been well-maintained with many recent updates. Located close to downtown, public transit, and local amenities. It sits on a full, unfinished basement and includes some off street parking. One of the apartments features a huge, South facing, rooftop patio! This turnkey property is perfect for both seasoned investors and those looking to enter the multi-family market, with strong cash flow potential.
Inclusions
All appliances owned by seller, fire extinguishers.
Full Listing Details
Address216 Leith, Thunder Bay, ON P7C 1M8
MLS#X13258338
Listing StatusActive
Property TypeResidential
Sub-TypeMultiplex
TransactionSale
List DateOct 21, 2025
Days on Market214
Common InterestFreehold
Annual Tax$3,007 (2025)
Parking TypeOther
Possession DetailsTBD
StyleMultiplex
ConstructionVinyl Siding
CityThunder Bay
ProvinceOn
Postal CodeP7C 1M8
Parking FeaturesOther
CoolingOther
BasementFull
RoofAsphalt Rolled
FoundationPoured Concrete
SewerSewer
Annual Tax$3,007 (2025)
All appliances owned by seller, fire extinguishers.
Leith St. Between May and Simpson.
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