74 Prospect Avenue, Thunder Bay, ON

$479,900
MLS#:X13617934
4 beds
2 baths
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of College Heights. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $479,900 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.

  • 4 Bedrooms and 2 Bathrooms
  • Premium 98.01 x 99.05 ft lot size
  • Features a full, partially finished 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 gas

Description

COLLEGE HEIGHTS BEAUTY FOR THE GROWING FAMILY. See this 4 Bedroom home steeped in charm with updates to suit modern life. Spacious home with generous size rooms including a large oak kitchen with eating bar and built in DW and a dinette. Huge separate dining room and a living room with a bonus den with a fireplace. Gorgeous woodwork and trim throughout, lots of hardwood floors, 2 updated baths and a expansive front porch perfect to enjoy an extra month or two of summer. 3rd floor has a completely open bonus room ready to finish with a great view of the harbour. 98' of frontage and an attached garage makes this a fantastic value in a great area so don't delay in making this your future home!! https://youriguide.com/74_prospect_ave_thunder_bay_on/

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Property Summary

This detached home located at 74 Prospect Avenue, Thunder Bay is currently for sale and has been available on SousaSells for 5 days. This property is listed at $479,900 with an estimated mortgage of $1,597* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 74 Prospect Avenue, Thunder Bay is in the College Heights 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?

Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in College Heights, Thunder Bay.

Highly Recommended for Families
What We Love About This Home
  • 4 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • Desirable Detached architecture in College Heights, Thunder Bay
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in College Heights, Thunder Bay.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/29/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionOther
BasementFull, Partially Finished
Lot Size98.01 × 99.05 Feet
CountyThunder Bay
Annual Tax$5,769.42
Legal DescriptionPT LT 54-56 PL 138, PT LOT 55, PT LOT 56 PTN BROWN ST CLSD, PAR23R PARTS 5,6, 7 & 8 & RP 55R10419 PART 1 & 2

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeOther
CoolingOther

Features

Property Features

None listed

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 74 Prospect Avenue, Thunder Bay, ON

Q.What is the asking price for 74 Prospect Avenue, Thunder Bay, ON ?

The current listing price for 74 Prospect Avenue, Thunder Bay, ON in College Heights, Thunder Bay is $479,900.

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

This property features 4 bedrooms and 2 bathrooms.

Q.What property type and architectural style is 74 Prospect Avenue, Thunder Bay, ON ?

74 Prospect Avenue, Thunder Bay, ON is a Detached (2-Storey) featuring a Full, Partially Finished 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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Location

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74 Prospect Avenue, 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 74 Prospect Avenue, Thunder Bay, ON P7A 5L2

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$143,970 (30.0%)
* Minimum Canadian down payment required for this price is $23,995.
Amortization Period30 Years
Estimated Monthly Payment$1,597Based on a loan of $335,930 over 30 years.
Purchase Price$479,900
Loan Amount$335,930
Provincial Land Transfer Tax:$6,073
Total Estimated Closing Taxes:$6,073

About Purchasing a Home in Thunder Bay, ON

For a property listed at $479,900 in Thunder Bay, the legal minimum down payment is $23,995 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 $6,073 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 $6,073.

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College Heights, Thunder Bay Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$443,800

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 College Heights, Thunder Bay

Elementary Schools

St Bernard
Public655 River Street, Thunder Bay, Ontario, P7A 3S5
6.9
Franco-Supérieur
Public220 Elgin Street, Port Arthur, Thunder Bay, Ontario, P7A 0A4
4.9
Corpus Christi
Public110 Marlborough Street, Thunder Bay, Ontario, P7B 4G4
5.6
C D Howe
Public30 Wishart Crescent, Thunder Bay, Ontario, P7A 6G3
5.0
St James
Public243 Court Street North, Port Arthur, Thunder Bay, Ontario, P7A 3P1
6.0

Secondary Schools

de la Verendrye
Public175 High Street North, Thunder Bay, Ontario, P7A 8C7
5.6
Hammarskjold HS
Public80 Clarkson Street South, Thunder Bay, Ontario, P7B 4W8
6.1
St. Ignatius
Catholic285 Algoma Street North, Thunder Bay, Ontario, P7A 2J6
6.6

College Heights, 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.