374 Morse Street, Thunder Bay, ON

$389,800
MLS#:X13531256
3 beds
2 baths
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Current River. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $389,800 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.

  • 3 Bedrooms and 2 Bathrooms
  • Premium 48 x 120 ft lot size
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • Notable attributes: Other
  • equipped with other central cooling and highly efficient forced air heating via gas

Description

Current River Family Home! Located in a desirable Current River neighbourhood, this 3-bedroom, 1.5-storey home is 1250+sqft and is just minutes from Boulevard Lake, parks, schools, and all amenities. The main floor features a large updated kitchen with appliances included, adjoining dining room, spacious living room, main floor bedroom, updated 4-piece bathroom, and the convenience of main floor laundry. Upstairs you’ll find two bedrooms and a convenient 2-piece bathroom. The full basement is open and ready for future development, offering excellent potential for additional living space. Outside, enjoy the beautifully landscaped backyard complete with a deck and storage shed. Recent updates include shingles, high-efficient furnace, and electrical panel. A well-maintained home in a desirable neighbourhood, offering comfort, convenience, and outstanding value. Visit www.neilirwin.ca for more information.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/4/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionVinyl Siding
BasementUnfinished, Full
Lot Size48 × 120 Feet
CountyThunder Bay
Annual Tax$3,192.41
Legal DescriptionLT 42 PL 775 PORT ARTHUR; THUNDER BAY

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingOther

Features

Property Features

Fenced Yard

Interior Features

Other

Security Features

Community Features

Location

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374 Morse 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 374 Morse Street, Thunder Bay, ON P7A 1G5

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.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Thunder Bay.

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Interest Rate5.25%
Down Payment$19,490 (5.0%)
* Minimum Canadian down payment required for this price is $19,490.
Amortization Period25 Years
Estimated Monthly Payment$2,207Based on a loan of $370,310 over 25 years.
Purchase Price$389,800
Loan Amount$370,310
Provincial Land Transfer Tax:$4,322
Total Estimated Closing Taxes:$4,322

About Purchasing a Home in Thunder Bay, ON

For a property listed at $389,800 in Thunder Bay, the legal minimum down payment is $19,490 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 $4,322 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 $4,322.

Nearby Listings

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No current listings found in Thunder Bay.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$408,400

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

St Paul
Public539 Grenville Avenue, Thunder Bay, Ontario, P7A 2C3
8.5
Claude E Garton
Public414 Grenville Avenue, Thunder Bay, Ontario, P7A 1X9
7.9
Vance Chapman
Public1000 Huron Avenue, Thunder Bay, Ontario, P7A 6L4
9.1
St Margaret
Public89 Clayte Street, Thunder Bay, Ontario, P7A 6S4
5.3
St James
Public243 Court Street North, Port Arthur, Thunder Bay, Ontario, P7A 3P1
6.0

Secondary Schools

St. Ignatius
Catholic285 Algoma Street North, Thunder Bay, Ontario, P7A 2J6
6.6
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.