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Royal LePage
Royal LePage
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$439,900

711 E Ridgeway Street E EAST, Thunder Bay, ON, P7E 5H3

MLS® # TB2601915

None Beds

QuickQuoteTM: $355K - $477K

Thunder Bay ON, P7E 5H3

MLS® # TB2601915

Property Information:

New Listing! Attention investors! This fully tenanted income property is an exceptional opportunity to add a cash-flowing asset to your portfolio. Featuring three self-contained rental units, this property offers multiple income streams with the convenience of professional property management already in place. The main floor features a spacious 2-bedroom, 1-bathroom unit, while the second-floor unit offers 2 bedrooms, 1 bathroom, a cozy gas fireplace, and a massive private deck that adds tremendous tenant appeal. The third floor is a self-contained bachelor suite, completing this versatile triplex. Adding even more value, the property includes a large garage that is separately rented, creating an additional source of income. With all units and the garage currently rented, this is a true turnkey investment. Whether you're looking to expand your portfolio or purchase your first investment property, this is an opportunity you won't want to miss. Contact me today to book your private showing.

Property Features:

  • Annual Tax Amount: $5,451
  • Basement: Full Basement
  • Fireplace Type: Gas
  • Heating Source: Natural Gas, Hot Water
  • Lot Depth: 95.25 Feet
  • Lot Frontage: 54 Feet
  • Property Size: 0.0 - 0.49 Acres
  • Heating Type: Forced Air, Boiler

Courtesy of: RE/MAX FIRST CHOICE REALTY LTD.

This listing content provided by Brokers PlaybookTM

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Location of 711 E Ridgeway Street E EAST, Thunder Bay, ON, P7E 5H3

Demographic Information of 711 E Ridgeway Street E EAST, Thunder Bay, ON, P7E 5H3

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$78,865.22

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.51 %

High school certificate or equivalent

33.45 %

Apprenticeship trade certificate/diploma

5.96 %

College/non-university certificate

24.77 %

University certificate (below bachelor)

0.2 %

University Degree

13.11 %

Commuter

Travel To Work

By Car

73.15 %

By Public Transit

9.15 %

By Walking

15.58 %

By Bicycle

1.56 %

By Other Methods

0.56 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

63.11 %

Houses

36.89 %

Own Vs. Rent

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