520 MCPHERSON Street, Thunder Bay, ON

$244,900
MLS#:X13621250
4 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 East End. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $244,900 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 25 x 115 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 baseboard heating via gas

Description

Welcome to 520 Mcpherson st . Step back in time with this classic historic 1920 East end 1.5 Storey home offering timeless character and modern potential. Featuring 4 bedrooms, 2 baths , Specious LR and Flex space, High full unfurnished basement with outside access. Furnace 2024, Electrical upgrade 2024 & more . Have a look.

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Property Summary

This detached home located at 520 MCPHERSON Street, Thunder Bay is currently for sale and has been available on SousaSells for 2 days. This property is listed at $244,900 with an estimated mortgage of $815* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 520 MCPHERSON Street, Thunder Bay is in the East End neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in East End, Thunder Bay.

Highly Recommended for Families
What We Love About This Home
  • 4 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • Desirable Detached architecture in East End, Thunder Bay
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in East End, Thunder Bay.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/30/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionOther
BasementUnfinished, Full
Lot Size25 × 115 Feet
CountyThunder Bay
Annual Tax$1,865.45
Legal DescriptionPT LT 5 BLK 55 PLW 54 Neebing additional As in FWD 15217 Thunder Bay

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeBaseboard
CoolingOther

Features

Property Features

None listed

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 520 MCPHERSON Street, Thunder Bay, ON

Q.What is the asking price for 520 MCPHERSON Street, Thunder Bay, ON ?

The current listing price for 520 MCPHERSON Street, Thunder Bay, ON in East End, Thunder Bay is $244,900.

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 520 MCPHERSON Street, Thunder Bay, ON ?

520 MCPHERSON Street, Thunder Bay, ON is a Detached (1 1/2 Storey) featuring a Unfinished, Full basement.

Q.What interior features are included in this home?

Interior highlights include: Other.

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Other.

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Location

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520 MCPHERSON 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 520 MCPHERSON Street, Thunder Bay, ON P7C 2Y6

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$73,470 (30.0%)
* Minimum Canadian down payment required for this price is $12,245.
Amortization Period30 Years
Estimated Monthly Payment$815Based on a loan of $171,430 over 30 years.
Purchase Price$244,900
Loan Amount$171,430
Provincial Land Transfer Tax:$2,174
Total Estimated Closing Taxes:$2,174

About Purchasing a Home in Thunder Bay, ON

For a property listed at $244,900 in Thunder Bay, the legal minimum down payment is $12,245 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 $2,174 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 $2,174.

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East End, Thunder Bay Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$356,499

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%

Best Schools in East End, Thunder Bay

Elementary Schools

St Jude
Public345 Ogden Street, Fort William, Thunder Bay, Ontario, P7C 2N4
4.0
McKellar Park Central
Public301 Archibald Street North, Fort William, Thunder Bay, Ontario, P7C 3Y3
7.1
St Elizabeth
Public735 Selkirk Street South, Fort William, Thunder Bay, Ontario, P7E 1V3
5.8
Kingsway Park
Public315 Empire Avenue, Fort William, Thunder Bay, Ontario, P7E 4R9
5.8
St Thomas Aquinas
Public2645 Donald Street East, Thunder Bay, Ontario, P7E 5X5
7.0

Secondary Schools

St. Patrick
Catholic621 Selkirk Street South, Fort William, Thunder Bay, Ontario, P7E 1T9
5.3

East End, Thunder Bay Demographic Home information

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.