309 Ontario Street, Thunder Bay, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Court / Cumberland. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $329,900 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.
- 2 Bedrooms and 1 Bathroom
- Premium 43 x 140 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
New Listing. Charming Bungalow with Endless Potential! Welcome to this adorable two-bedroom bungalow, nestled on a generous 43' x 140' lot offering an abundance of outdoor space to enjoy. The inviting covered front porch enhances the home's charming curb appeal and provides a sheltered entrance. Inside, you'll find a bright and spacious kitchen with ample cabinetry and plenty of room for meal preparation, a comfortable living room, a spacious primary bedroom, a second bedroom, and a four-piece bathroom. Whether you're a first-time home buyer, downsizer, or investor, this home offers incredible value and endless possibilities. The lower level features impressive ceiling height, providing outstanding potential for future development. Create the rec room, home office, gym, or additional living space you've always envisioned. Outside, the expansive backyard offers plenty of space for children, pets, gardening, future landscaping projects, or other outdoor possibilities. An updated furnace and hot water tank, installed in 2017, provide added peace of mind. Affordable, full of charm, and loaded with potential, this is a fantastic opportunity to enter the market and make a home your own. Don't miss your chance to see everything this inviting property has to offer. Book your private showing today!
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Pricing & Value Insights
Data-driven valuation for 309 Ontario Street, Thunder Bay, ON P7B 3G9
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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 $329,900 in Thunder Bay, the legal minimum down payment is $16,495 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 $3,424 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 $3,424.
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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.