16 Cumberland Street, Thunder Bay, ON

$1,250,000
MLS#:X13251292
0 beds
0 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] commercial located in the coveted neighborhood of Court / Cumberland. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $1,250,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Spacious lot size measured in Feet
  • Features a ["yes"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • Notable attributes: Other
  • equipped with ["other"] central cooling and highly efficient heating via gas

Investment opportunity in the Heart of Downtown Port Arthur. This one storey building which is approximately 8,856 sqft resting on a concrete slab foundation. The interior of the subject consists of five commercial spaces. One is a large bar/restaurant area (Red Lion), with bar, full kitchen, storage areas, office, 1x staff washroom, 2X public washrooms, and a common 2x public washrooms. The second space is Big Lake Pasta, the third is Record Store, the fourth is music store and the fifth is Chocolatier. All five areas are similar finishings with drywall walls, either vinyl flooring or vinyl plank, a combination of steel roof system and acoustic drop ceiling tile.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date6/5/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial
ConstructionOther
CountyThunder Bay
Annual Tax$40,000
Legal DescriptionPT LT 5 S/S ARTHUR ST, A W/S CUMBERLAND ST PL PRINCE ARTHUR'S LANDING MCINTYRE AS IN TBR391765;T/W THEREIN; S/T INTEREST IN TBR391765; THUNDER BAY

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat SourceGas
Cooling["Other"]

Features

Property Features

Community Features

Location

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16 Cumberland Street, Thunder Bay, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 16 Cumberland Street S, Thunder Bay, ON P7B 2T2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,000,000
Monthly Mortgage$5,810
Property Tax (Est.)$3,333
Utilities & Maint.$350
Total Monthly Cost$9,493

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Thunder Bay.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Court Cumberland, Thunder Bay.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Gron Morgan
Public174 Hodge Street, Thunder Bay, Ontario, P7B 4G4
7.4
Corpus Christi
Public110 Marlborough Street, Thunder Bay, Ontario, P7B 4G4
5.6
Algonquin Avenue
Public160 Algonquin Avenue South, Thunder Bay, Ontario, P7B 4T1
5.7
St Pius X
Public140 Clarkson Street South, Thunder Bay, Ontario, P7B 4W8
5.7
St Jude
Public345 Ogden Street, Fort William, Thunder Bay, Ontario, P7C 2N4
4.0

Secondary Schools

Hammarskjold HS
Public80 Clarkson Street South, Thunder Bay, Ontario, P7B 4W8
6.1
de la Verendrye
Public175 High Street North, Thunder Bay, Ontario, P7A 8C7
5.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.