$419,000
4.50 BTC
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1012 Victoria Avenue, Thunder Bay
$419,000
PRICE
0
BEDROOMS
0
BATHROOMS
X13656800
MLSID
1012 Victoria Avenue, Thunder Bay
5 UNIT INVESTMENT PROPERTY***CASH COW***Current Gross Rent $54,996/y + One Vacant Unit($1500) POTENTIAL for $70k+/y). Well-maintained mixed-use investment property featuring a 4-plex plus a small commercial unit on a high-visibility main arterial street. Current rents: Commercial $800/m+hydro. Apt 1 vacant/demolished (prev. $1,127.50). Apt 2 $893/m+hydro. Apt 3 $1,250/m+hydro. Apt 4 $1,640/m+ hydro; Coin-op laundry+ storage in basement (2 entrances). No basement under commercial. 3 parking. 5 Updated Panels 2021*New Interconnected Smoke Alarms* Commercial Roof 2018 *Main Roof 2006* Boiler 2018*Chimney 2018*Windows-Some 2017*New Vanities 2020* Flooring 2021*Hot Water Tank(Owned)2018. Coin-Op Laundry & Storage in Basement wth 2 Entrances. SOLID INVESTMENT OPPORTUNITY***CALL FOR INFO*** With Separate Hydro Meters & Clear Upside Through Renovation & Repositioning, Excellent Opportunity, PERFECT Investor EXCELLENT CASH FLOW* LONG TERM GROWTH***CALL FOR INFO***
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Summary
Address
1012 Victoria Avenue
City
Thunder Bay
Community
McKeller Park
Street
Victoria Avenue
MLSID
X13656800
Property Type
Multiplex
Property Category
Detached Home
Zoning
Service Commercial Zone
Taxes (Annual)
$3,984.00
Tax Year
2025
Published
August 10, 2026
Days on Market
50 Days
Possession Type
Immediate
Possession Details
Immediate
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Inclusions
Four (4) Fridges, Four (4) Stoves, Coin-Op Washer/Dryer. All in as-is where-is condition.
Exclusions
None
Details
Property Features
Fenced Yard
Basement
Other
Interior Features
Other
Parking Features
Other
Roof
Other
Construction Materials
Stucco (Plaster)
Lot Size
0 Acres
Lot Width
33 Feet
Lot Depth
118 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Other
New Construction
No
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with Royal LePage® Lannon Realty
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(800) 877-9057
(800) 877-9057
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