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$354,900

347 Syndicate Avenue N, Thunder Bay, ON, P7C 3W4

MLS® # TB2600264

None Beds

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Thunder Bay ON, P7C 3W4

MLS® # TB2600264

Property Information:

LIVE IN ONE UNIT - LET THE OTHER TWO PAY YOUR MORTGAGE! Affordable, professionally managed, legal, 3-unit residential property in good rental area with off street parking (1@3Bed, 1@1Bed, 1@Bach). Live in one unit and offset your mortgage and living expenses with rental income from the other two units. Three well-maintained units are showcased in the photos (fully occupied), and recent capital improvements including roof and mechanical updates reduce near-term risk. Residential financing options are available for 3-unit properties, making this an easy entry into income property ownership. All inclusive rents offer attractive, steady tenant demand. Whether you’re looking to house-hack or expand your portfolio, this property offers flexibility and long-term upside potential! Call or text today to schedule a private showing.

Property Features:

  • Annual Tax Amount: $2,889
  • Access: Municipal Road
  • Basement: Full Basement, Finished, Partial
  • Built in: 1915
  • Heating Source: Natural Gas
  • Lot Depth: 97.5 Feet
  • Lot Frontage: 25 Feet
  • Property Features: Balcony, Laundry Facility, Wood Deck, Workshop/Storage Room
  • Property Size: 0.0 - 0.49 Acres
  • Roof Type: Asphalt
  • Services Available: Bus Service, Cable, Garbage PickUp, High Speed Internet, Hydro, Natural Gas, Street Lights, Telephone
  • Sewer/Septic: Sewer
  • Water/Well: Municipal Water
  • Heating Type: Forced Air

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Location of 347 Syndicate Avenue N, Thunder Bay, ON, P7C 3W4

Demographic Information of 347 Syndicate Avenue N, Thunder Bay, ON, P7C 3W4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$72,115.81

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.1 %

High school certificate or equivalent

36.45 %

Apprenticeship trade certificate/diploma

7.39 %

College/non-university certificate

19.07 %

University certificate (below bachelor)

0.48 %

University Degree

10.5 %

Commuter

Travel To Work

By Car

68.16 %

By Public Transit

5.87 %

By Walking

16.88 %

By Bicycle

4.82 %

By Other Methods

4.27 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

50.96 %

Houses

49.04 %

Own Vs. Rent