205 Edward St North, Thunder Bay, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Edgewater Park. Expertly crafted featuring premium stucco (plaster) and brick construction, this residence presents an exceptional opportunity offered at $389,900 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 with 2 functional kitchens
- Premium 60.01 x 98 ft lot size
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- Convenient other garage included
- Notable attributes: Storage, Other
- equipped with other central cooling and highly efficient forced air heating via gas
Description
Ready For You! Welcome to this bright, move-in-ready 3+1 bedroom, 2-washroom home featuring a maintenance-free exterior and major updates including a newer furnace and shingles. Property Highlights: Sun-Filled Main Floor: A spacious, open living and dining room perfect for entertaining, flooded with bright morning light from the east-facing front windows. Backyard Oasis: A fully fenced, western-exposure backyard that stays sun-drenched all afternoon, paired with a 1.5-car detached, wired garage—ideal for a workshop or extra storage. Versatile Lower Level: The partially finished basement offers incredible potential with a cozy rec room featuring a gas fireplace, an extra bedroom, a den, a second washroom, and a second kitchen setup.
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Pricing & Value Insights
Data-driven valuation for 205 Edward St North, Thunder Bay, ON P7C 4P1
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About Purchasing a Home in Thunder Bay, ON
For a property listed at $389,900 in Thunder Bay, the legal minimum down payment is $19,495 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 $4,324 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 $4,324.
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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.