1012 Victoria Ave. E., Thunder Bay, Ontario P7C 1B6

Listed for:
$429,900
0 beds
0 baths
Listed 5 days ago
Multi-Family for rent: 1012 Victoria Ave. E., Thunder Bay, Ontario P7C 1B6

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About

Near Vickers Street Well-maintained mixed-use investment property featuring a 4-plex plus a small commercial unit on a high-visibility main arterial street. Currently partially rented, with Apartment 1 vacant and fully demolished for future redevelopment, and Apartment 3 fully renovated in 2025, offering strong value-add and lease-up potential. This solid asset benefits from extensive upgrades, including five updated electrical panels, interconnected smoke alarms, newer boiler and chimney, commercial and main roof replacements, select window upgrades, and an owned hot water tank. Apartments 1, 2, and 4 feature updated vanities and modern laminate flooring, while all bathrooms include low-flush toilets. With separate hydro metering, strong infrastructure, and clear upside through renovation and repositioning, this property presents an excellent opportunity for investors seeking cash flow and long-term growth. (id:27476)

Property Highlights

MLS® Number
TB2600200
Type
Multi-family
Community Name
Thunder Bay
Land Size
under 1/2 acre

Building

Building Type
Multi-Family
Amenities
Laundry Facility
Exterior Finish
Stucco
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Boiler
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE LANNON REALTY
MLS® number:
TB2600200
Agent:
Johnny Avella
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