206 Varsity Place, Thunder Bay, ON
Property Highlights
Welcome to this remarkable 2-Storey condo apartment located in the coveted neighborhood of Academy Heights. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $375,000 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.
- 4 Bedrooms and 2 Bathrooms
- Spacious lot size measured in Feet
- Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Other
- equipped with other central cooling and highly efficient forced air heating via gas
Description
This spacious 3+1 bedroom, 2-storey condo townhouse is ideally located near the university, making it an excellent opportunity for investors or families. The home features 2 bathrooms, an unfinished basement, and a fenced backyard, offering plenty of space. Major updates include copper wiring throughout (replacing all aluminum wiring), updated plumbing, and an HRV system. With its prime location, generous layout, and strong rental potential, this property is a great investment opportunity.
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Property Summary
This condo apartment located at 206 Varsity Place, Thunder Bay is currently for sale and has been available on SousaSells for 50 days. This property is listed at $375,000 with an estimated mortgage of $1,248* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 206 Varsity Place, Thunder Bay is in the Academy Heights neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Academy Heights, Thunder Bay.
- •4 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •Desirable Condo Apartment architecture in Academy Heights, Thunder Bay
Growing families needing multi-bedroom flexibility and space in Academy Heights, Thunder Bay.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Fenced Yard
Interior Features
- Other
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 206 Varsity Place, Thunder Bay, ON
Q.What is the asking price for 206 Varsity Place, Thunder Bay, ON ?
The current listing price for 206 Varsity Place, Thunder Bay, ON in Academy Heights, Thunder Bay is $375,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms.
Q.What property type and architectural style is 206 Varsity Place, Thunder Bay, ON ?
206 Varsity Place, Thunder Bay, ON is a Condo Apartment (2-Storey) featuring a Unfinished, Full basement.
Q.What key property features does 206 Varsity Place, Thunder Bay, ON offer?
Key property features include: Fenced Yard.
Q.What interior features are included in this home?
Interior highlights include: Other.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Other.
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Pricing & Value Insights
Data-driven valuation for 206 Varsity Place, Thunder Bay, ON P7B 5N7
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 $375,000 in Thunder Bay, the legal minimum down payment is $18,750 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 $4,100 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 $4,100.
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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.