350 Bay Street Thunder Bay (Court / Cumberland), Ontario P7B 1S3
$849,900
An exceptional turnkey investment opportunity with rare vacant possession on closing! This completely renovated and permitted three-plex, converted in 2013/2014, comes fully documented with available permits, structural and engineering drawings, and fire reports-everything has been done. The property features three spacious, self-contained apartments, each offering three bedrooms, two full bathrooms, in-suite laundry, individual furnaces, central A/C, and separate 100-amp breaker panels. Tenants pay their own hydro, heat, and Wi-Fi, leaving the landlord responsible only for common areas. The basement provides dedicated tenant storage with option to convert into a fourth unit with city approval, buyer to verify. Over the past 4+ yrs rent was $2180-$2350 plus utilities. Upgrades include updated shingles, windows, furnaces, two sump pumps, and a backwater valve. Outside, enjoy ample parking with space to expand. Nicely maintained with annual fire inspections, this rare gem is close to the marina, law school, transit, and top amenities. Two units are vacant now, and the third is vacant November 1st. Top floor unit has a nice view of Lake Superior with high ceilings. All units are the exact same layout at 1280 sq ft with similar features and finishings. (id:45725)
Property Details
| MLS® Number | X14082380 |
| Property Type | Multi-family |
| Community Name | Court / Cumberland |
| Equipment Type | Water Heater - Gas, Water Heater |
| Features | Sump Pump |
| Parking Space Total | 6 |
| Rental Equipment Type | Water Heater - Gas, Water Heater |
| Structure | Shed |
Building
| Bathroom Total | 6 |
| Bedrooms Above Ground | 9 |
| Bedrooms Total | 9 |
| Amenities | Separate Electricity Meters |
| Appliances | Dishwasher, Microwave, Gas Stove(s), Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished), Full |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 3500 - 5000 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 100 Ft |
| Size Frontage | 66 Ft |
| Size Irregular | 66 X 100 Ft |
| Size Total Text | 66 X 100 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 3.35 m | 3.35 m | 3.35 m x 3.35 m |
| Second Level | Bedroom 2 | 3.35 m | 3.35 m | 3.35 m x 3.35 m |
| Second Level | Bedroom 3 | 3.35 m | 3.35 m | 3.35 m x 3.35 m |
| Second Level | Kitchen | 3.96 m | 3.35 m | 3.96 m x 3.35 m |
| Second Level | Living Room | 4.88 m | 3.35 m | 4.88 m x 3.35 m |
| Third Level | Bedroom | 3.35 m | 3.05 m | 3.35 m x 3.05 m |
| Third Level | Bedroom 2 | 3.35 m | 3.35 m | 3.35 m x 3.35 m |
| Third Level | Bedroom 3 | 3.35 m | 3.35 m | 3.35 m x 3.35 m |
| Third Level | Kitchen | 3.96 m | 3.35 m | 3.96 m x 3.35 m |
| Third Level | Living Room | 4.88 m | 3.58 m | 4.88 m x 3.58 m |
| Main Level | Living Room | 4.88 m | 3.58 m | 4.88 m x 3.58 m |
| Main Level | Kitchen | 3.96 m | 3.35 m | 3.96 m x 3.35 m |
| Main Level | Bedroom | 3.43 m | 3.28 m | 3.43 m x 3.28 m |
| Main Level | Bedroom 2 | 3.35 m | 3.35 m | 3.35 m x 3.35 m |
| Main Level | Bedroom 3 | 3.35 m | 3.35 m | 3.35 m x 3.35 m |
Utilities
| Electricity | Installed |
| Sewer | Installed |
Interested?
Contact us for more information
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Thunder Bay Real Estate Board
Royal LePage® Lannon Realty
October 16 2026 12:51:15
