641 Catherine Street, Thunder Bay, ON
Property Highlights
Welcome to this remarkable multiplex located in the coveted neighborhood of Hyde Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,900 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 47 x 133 ft lot size
- Features a partial basement, none basement, adding superb versatility for recreation, a home gym, or extra storage
- Notable attributes: Other
- equipped with other central cooling and highly efficient baseboard heating via electric
Description
New Listing. Welcome to this meticulously maintained four-unit apartment building, perfectly positioned on the corner of Catherine and Walsh. This is a turnkey investment opportunity - waiting for you! Two of the four units have been completely renovated within the past year and are currently vacant—ready for you to set market rents or move in. The remaining two units have updated touches throughout and come with reliable tenants already in place. Every unit features the same smart, functional layout: two bedrooms, a full bathroom, kitchen, and living room with a walk out balcony. Residents will appreciate the off-street parking and the convenience of shared on-site laundry. Whether you’re an investor looking to grow your portfolio or a buyer seeking a property that helps pay for itself, this well-cared-for building checks ALL the boxes. Come see everything this corner property has to offer!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 641 Catherine Street, Thunder Bay, ON P7E 1L4
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About Purchasing a Home in Thunder Bay, ON
For a property listed at $899,900 in Thunder Bay, the legal minimum down payment is $64,990 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 $14,473 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 $14,473.
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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.