424 Victoria Avenue, Thunder Bay, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of East End. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $249,900 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 1 Bathroom
- Premium 30 x 75 ft lot size
- equipped with yes central cooling and highly efficient baseboard heating
Description
PRIME DOWNTOWN SOUTHCORE COMMERCIAL OPPORTUNITY! Position your business in the heart of Thunder Bay's downtown Southcore, an area undergoing an exciting transformation with the reopening of Victoria Avenue following the removal of Victoriaville Mall! Located at 424 Victoria Avenue East, this well-established commercial property has been home to The Little Mermaid, a beloved Thunder Bay women's fashion boutique since 1985. For over 40 years, this iconic local business has been known for its quality designer fashions, exceptional personal service and loyal clientele from Thunder Bay and surrounding communities. The building offers convenient one-level commercial space, a full basement for additional storage or business needs, and excellent street-front exposure in a highly visible downtown location. Within walking distance of City Hall, the Thunder Bay Courthouse and surrounding businesses and services, this property is ideally situated to benefit from the ongoing revitalization of the Southcore, including improved streetscapes, pedestrian access and the return of vehicular traffic to Victoria Avenue. Whether you're looking to establish a retail storefront, professional office or service-oriented business, this is an excellent opportunity to invest in a recognizable commercial location and become part of the next chapter of downtown Thunder Bay!
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Property Summary
This commercial retail located at 424 Victoria Avenue, Thunder Bay is currently for sale and has been available for 2 days. This property is listed at $249,900 with an estimated mortgage of $832* per month. It has 0 beds, 1 bathroom, and is unknown square feet. 424 Victoria Avenue, Thunder Bay is in the East End neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in East End, Thunder Bay.
- •1 well-appointed bathroom
- •Desirable Commercial Retail architecture in East End, Thunder Bay
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- No
Community Features
- Public Transit
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Thunder Bay?
If you are looking for a house in Thunder Bay or researching Thunder Bay real estate for sale, this commercial retail at 424 Victoria Avenue, Thunder Bay, ON offers an exceptional opportunity to buy a home in Thunder Bay, Ontario. Whether you are a first-time Thunder Bay home buyer or comparing active Thunder Bay MLS® homes for sale, working with a dedicated Thunder Bay buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Thunder Bay Buyer Budget & Costs
Estimated mortgage: $832*/month*. Estimated Ontario Land Transfer Tax: $2,224. First-time Thunder Bay home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Thunder Bay
Frequently Asked Questions about 424 Victoria Avenue, Thunder Bay, ON
Q.What is the asking price for 424 Victoria Avenue, Thunder Bay, ON ?
The current listing price for 424 Victoria Avenue, Thunder Bay, ON in East End, Thunder Bay is $249,900.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and 1 bathroom.
Q.What property type and architectural style is 424 Victoria Avenue, Thunder Bay, ON ?
424 Victoria Avenue, Thunder Bay, ON is a Commercial Retail () featuring a basement.
Q.What neighborhood and community amenities are nearby?
Community features and nearby amenities include: Public Transit.
Q.What security features are installed at 424 Victoria Avenue, Thunder Bay, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
East End, Thunder Bay
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 424 Victoria Avenue E, Thunder Bay, ON P7C 1A5
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 $249,900 in Thunder Bay, the legal minimum down payment is $12,495 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 $2,224 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 $2,224.
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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.
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