463 Richard Street, Thunder Bay, ON

$299,999
MLS#:X13577804
3 beds
1 baths
Residential Freehold
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Property no longer active

This property was sold on July 24, 2026. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Current River. Expertly crafted featuring premium stucco (plaster) and brick construction, this residence presents an exceptional opportunity offered at $299,999 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.

  • 3 Bedrooms and 1 Bathroom
  • Premium 60 x 100 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

Imagine living on this quiet, no through street, with Centennial Park at your feet and Boulevard Lake just a short walk away. All this solid, one owner house needs, is a new family and some updating to turn it into your wonderful home. The eat-in kitchen has a pony wall (half wall) that opens up to the large living room which is great for entertaining or family gatherings. Three bedrooms and a freshly painted bathroom with lots of storage completes the main floor. The wide open basement is a canvas awaiting your finishing touches, creating that perfect space for you. Tucked away but close to shopping and walking trails. Don't miss out on this real gem.

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Property Summary

This detached home located at 463 Richard Street, Thunder Bay is currently for sale and has been available on SousaSells for 12 days. This property is listed at $299,999 with an estimated mortgage of $999* per month. It has 3 beds, 1 bathroom, and is unknown square feet. 463 Richard Street, Thunder Bay is in the Current River neighborhood.

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

Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Current River, Thunder Bay.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • Desirable Detached architecture in Current River, Thunder Bay
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Thunder Bay.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date7/17/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStucco (Plaster), Brick
BasementUnfinished, Full
Lot Size60 × 100 Feet
CountyThunder Bay
Annual Tax$3,749.72
Legal DescriptionLT 120-121 PL 589 Port Arthur; Thunder Bay

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingOther

Features

Property Features

None listed

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 463 Richard Street, Thunder Bay, ON

Q.What is the asking price for 463 Richard Street, Thunder Bay, ON ?

The current listing price for 463 Richard Street, Thunder Bay, ON in Current River, Thunder Bay is $299,999.

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

This property features 3 bedrooms and 1 bathroom.

Q.What property type and architectural style is 463 Richard Street, Thunder Bay, ON ?

463 Richard Street, Thunder Bay, ON is a Detached (Bungalow) featuring a Unfinished, Full 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 Gas and cooling via Other.

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463 Richard 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 463 Richard Street, Thunder Bay, ON P7A 1R2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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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$90,000 (30.0%)
* Minimum Canadian down payment required for this price is $15,000.
Amortization Period30 Years
Estimated Monthly Payment$999Based on a loan of $209,999 over 30 years.
Purchase Price$299,999
Loan Amount$209,999
Provincial Land Transfer Tax:$2,975
Total Estimated Closing Taxes:$2,975

About Purchasing a Home in Thunder Bay, ON

For a property listed at $299,999 in Thunder Bay, the legal minimum down payment is $15,000 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 $2,975 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 $2,975.

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Current River, Thunder Bay Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Current River, Thunder Bay.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$407,627

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 Current River, Thunder Bay

Elementary Schools

Claude E Garton
Public414 Grenville Avenue, Thunder Bay, Ontario, P7A 1X9
7.9
St Paul
Public539 Grenville Avenue, Thunder Bay, Ontario, P7A 2C3
8.5
Vance Chapman
Public1000 Huron Avenue, Thunder Bay, Ontario, P7A 6L4
9.1
St Margaret
Public89 Clayte Street, Thunder Bay, Ontario, P7A 6S4
5.3
St James
Public243 Court Street North, Port Arthur, Thunder Bay, Ontario, P7A 3P1
6.0

Secondary Schools

St. Ignatius
Catholic285 Algoma Street North, Thunder Bay, Ontario, P7A 2J6
6.6
de la Verendrye
Public175 High Street North, Thunder Bay, Ontario, P7A 8C7
5.6

Current River, 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.