185 Ridgecrest Road, Thunder Bay, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Inner-City Industrial. Expertly crafted featuring premium unknown construction, this residence presents an exceptional opportunity offered at $824,500 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 3 Bathrooms
- Premium 73.52 x 159.97 ft lot size
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- Convenient other garage included
- Notable attributes: Air Exchanger, Storage, Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Meticulously maintained and custom built, this warm and welcoming executive home is tucked away in the highly desirable Campus Hill neighbourhood. Enjoy an incredible central location close to Thunder Bay Regional Health Sciences Centre, Lakehead University, Confederation College, walking trails, recreation pathways and everyday amenities.The bright and comfortable main floor features solid oak trim, hand-scraped oak hardwood flooring, a spacious living room, formal dining area, eat-in kitchen, three bedrooms, two bathrooms and convenient main-floor laundry. The timeless kitchen offers granite countertops, an eat-up island, while the fully finished lower level adds excellent entertaining space with a large rec room, fireplace, bar area, pool table, fourth bedroom, three-piece bathroom and storage. Outdoor living shines with a charming covered front veranda, spacious two-tier deck, heated above-ground pool and detached double garage — all in a beautifully cared-for, warm and move-in ready home.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 185 Ridgecrest Road, Thunder Bay, ON P7B 7A1
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About Purchasing a Home in Thunder Bay, ON
For a property listed at $824,500 in Thunder Bay, the legal minimum down payment is $57,450 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 $12,965 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 $12,965.
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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.