241 Syndicate Ave, Thunder Bay, ON
Property Highlights
Welcome to this remarkable duplex located in the coveted neighborhood of McKeller Park. Expertly crafted featuring premium unknown and brick construction, this residence presents an exceptional opportunity offered at $325,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 35 x 97.5 ft lot size
- Features a 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
Attention investors! Here’s an outstanding opportunity to add a vacant income-producing property to your portfolio with the flexibility to set current market rent form day one. Recognized as a legal duplex by the City of Thunder Bay (2021 property report) this spacious 4-bedroom, 2.5 bath home located on a desirable tree-lined street, just steps away from an elementary school and close to parks, shopping, transit and all amenities; an ideal location for attracting quality tenants. The main floor features a kitchen, living room, bedroom and 4-piece bath, while the upper level offers a second kitchen with access to a private balcony, large rear deck, additional bedrooms and a spacious third floor primary suite with a 2-piece bath. A full walk-out basement provides excellent storage and future possibilities, while major updates include high-efficiency natural gas furnace (2022), shingles (2018), windows (2012) sump pump (2013) and backwater valve (2013). A private rear driveway adds convenience and with the property vacant and available for immediate possession, you can renovate, occupy or secure tenants immediately at today’s rental rates Whether you’re looking to expand your investment portfolio or looking for a property with excellent income potential and long-term value, this is an opportunity you don’t want to miss. Visit www.century21superior.com for more info and pics
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Property Summary
This duplex located at 241 Syndicate Ave, Thunder Bay is currently for sale and has been available on SousaSells for 11 days. This property is listed at $325,000 with an estimated mortgage of $1,082* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 241 Syndicate Ave, Thunder Bay is in the McKeller Park neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 241 Syndicate Ave N, Thunder Bay, ON P7C 3V9
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 $325,000 in Thunder Bay, the legal minimum down payment is $16,250 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 $3,350 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 $3,350.
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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.