E - 1012 VICTORIA AVE

Thunder Bay, , P7C1B6, Canada

$419,900

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.

Last updated on : Wednesday 8th of April 2026 11:00:11 AM

ADDRESS

Street : E - 1012 VICTORIA AVE

City : Thunder Bay

Country : Canada

Postal Code : P7C1B6

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PROPERTY SUMMARY

Property ID : TB2600200

Building Type : Multi-Family

Property Type : Multi-family

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