490 Van Norman, Thunder Bay, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of College Heights. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $349,900 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.
- 3 Bedrooms and 2 Bathrooms
- Premium 25 x 114 ft lot size
- Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- Notable attributes: Built-In Oven, Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Come and view this home in the well saught area of College Heights. It's within walking distance of all the downtown amenities, shops, restaurants, and the Marina. The house boasts of 3 Large bedrooms 2 full baths and an open basement with lots of storage. Improvements over the last 5 years include shingles, soffit, fascia, evestrough and furnace. Enjoy the air conditioning inside or the barbecue on your back deck. A must to see.
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Built-In Oven, Other
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Pricing & Value Insights
Data-driven valuation for 490 Van Norman, Thunder Bay, ON P7A 4E2
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About Purchasing a Home in Thunder Bay, ON
For a property listed at $349,900 in Thunder Bay, the legal minimum down payment is $17,495 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 $3,724 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 $3,724.
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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.