334 PEARL Street, Thunder Bay, ON

$489,900
MLS#:X13641458
0 beds
0 baths
Residential Freehold
334 PEARL Street, Thunder Bay, ON P7B 1G1

Property Highlights

Welcome to this remarkable multiplex located in the coveted neighborhood of Court / Cumberland. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $489,900 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 49 x 100 ft lot size
  • Features a other basement, adding superb versatility for recreation, a home gym, or extra storage
  • Notable attributes: Other
  • equipped with other central cooling and highly efficient other heating via other

Description

Attention Investors! Turnkey legal triplex in the heart of Downtown Thunder Bay, just minutes from the Law School, courthouse, shopping, transit, and all amenities. This solid income property features one 1-bedroom unit and two 2-bedroom units, all with separate hydro meters, fire escape doors, and three off-street parking spaces. Enjoy guaranteed rental income through established community housing partnerships, offering dependable cash flow and peace of mind. Recent updates include the roof, soffit, and fascia. A fantastic opportunity to add a low-maintenance, income-producing property to your investment portfolio.

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This multiplex located at 334 PEARL Street, Thunder Bay is currently for sale and has been available on SousaSells for 1 day. This property is listed at $489,900 with an estimated mortgage of $1,631* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 334 PEARL Street, Thunder Bay is in the Court / Cumberland neighborhood.

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

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Court / Cumberland, Thunder Bay.

Great for Small Household / Couples
What We Love About This Home
  • Desirable Multiplex architecture in Court / Cumberland, Thunder Bay
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date8/5/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
ConstructionStucco (Plaster)
BasementOther
Lot Size49 × 100 Feet
CountyThunder Bay
Annual Tax$3,416
Legal DescriptionLT 6 PL 152 MCINTYRE; PT LT 5 PL 152 MCINTYRE AS IN TBR326820; THUNDER BAY

Parking & Garage

Parking Space3
Garage TypeNone

Heating & Cooling

Heat SourceOther
Heat TypeOther
CoolingOther

Features

Property Features

None listed

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 334 PEARL Street, Thunder Bay, ON

Q.What is the asking price for 334 PEARL Street, Thunder Bay, ON ?

The current listing price for 334 PEARL Street, Thunder Bay, ON in Court / Cumberland, Thunder Bay is $489,900.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and null bathrooms.

Q.What property type and architectural style is 334 PEARL Street, Thunder Bay, ON ?

334 PEARL Street, Thunder Bay, ON is a Multiplex () featuring a Other 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 Other and cooling via Other.

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Location

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334 PEARL 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 334 PEARL Street, Thunder Bay, ON P7B 1G1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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 Rate4.00%
Down Payment$146,970 (30.0%)
* Minimum Canadian down payment required for this price is $24,495.
Amortization Period30 Years
Estimated Monthly Payment$1,631Based on a loan of $342,930 over 30 years.
Purchase Price$489,900
Loan Amount$342,930
Provincial Land Transfer Tax:$6,273
Total Estimated Closing Taxes:$6,273

About Purchasing a Home in Thunder Bay, ON

For a property listed at $489,900 in Thunder Bay, the legal minimum down payment is $24,495 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 $6,273 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 $6,273.

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Court / Cumberland, Thunder Bay Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Court / Cumberland, Thunder Bay.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,099,222

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 Court / Cumberland, Thunder Bay

Elementary Schools

Vance Chapman
Public1000 Huron Avenue, Thunder Bay, Ontario, P7A 6L4
9.1
St Francis
PublicFrancis Street West, Thunder Bay, Ontario, P7E 3J1
8.9
Nor'wester View
Public1946 Mountain Road, Thunder Bay, Ontario, P7J 1C8
8.7
St Paul
Public539 Grenville Avenue, Thunder Bay, Ontario, P7A 2C3
8.5
Five Mile
Public2025 Dawson Road, Thunder Bay, Ontario, P7G 2E9
8.4

Secondary Schools

St. Ignatius
Catholic285 Algoma Street North, Thunder Bay, Ontario, P7A 2J6
6.6
Superior CVI
Public
6.2
Hammarskjold HS
Public80 Clarkson Street South, Thunder Bay, Ontario, P7B 4W8
6.1

Court / Cumberland, 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.