138 Iris Cres., Thunder Bay, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Dawson Heights. Expertly crafted featuring premium unknown and brick construction, this residence presents an exceptional opportunity offered at $499,900 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.
- 4 Bedrooms and 2 Bathrooms
- Premium 59.06 x 112.03 ft lot size
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this beautiful 3+1 bedroom bungalow located on the highly sought-after Iris Crescent in Dawson Heights. Offering 1,287 sq. ft. of well-designed living space, this home features spacious bedrooms and an inviting open-concept layout. The bright kitchen flows seamlessly into the generous dining area and large living room, all flooded with natural light. The lower level offers outstanding flexibility with excellent in-law suite potential. A convenient side entrance provides direct access to the basement, which features a very spacious rec room with a cozy gas fireplace, a large fourth bedroom, a beautifully renovated full bathroom, and a wet bar complete with a fridge. With ample space to add a stove, this level is well suited for extended family or future income potential. Step outside to enjoy the brand-new deck overlooking the fully fenced backyard, offering plenty of space for children, pets, or entertaining. Additional highlights include a large paved driveway and a newer detached garage. Ideally situated within the sought-after school catchment for Our Lady of Charity Catholic School and Woodcrest Public School, this home is an exceptional opportunity for families looking to enjoy one of Thunder Bay's most desirable neighbourhoods.
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Property Summary
This detached home located at 138 Iris Cres., Thunder Bay is currently for sale and has been available on SousaSells for 2 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 138 Iris Cres., Thunder Bay is in the Dawson Heights neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 138 Iris Cres., Thunder Bay, ON P7A 7Z9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Thunder Bay, ON
For a property listed at $499,900 in Thunder Bay, the legal minimum down payment is $24,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,473 for this transaction. As this listing is in Thunder Bay (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,473.
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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.