(807) 625-5555
440 Balmoral St, Thunder Bay
info@tcrealty.ca

216 Leith Thunder Bay, Ontario P7C 1M8

$475,000

This is a fantastic investment opportunity with a fully occupied 5-unit apartment building. The property features five spacious, purpose built 1-bedroom, 1-bathroom apartments, with separate utility meters for electric and gas and their own hot water tanks, ensuring low landlord expenses and hassle-free management. The building is fully occupied, providing stable rental income. It has been well-maintained with many recent updates. Located close to downtown, public transit, and local amenities. It sits on a full, unfinished basement and includes some off street parking. One of the apartments features a huge, South facing, rooftop patio! This turnkey property is perfect for both seasoned investors and those looking to enter the multi-family market, with strong cash flow potential. (id:26231)

Property Details

MLS® Number TB253278
Property Type Multi-family
Community Name Thunder Bay
Communication Type High Speed Internet
Community Features Bus Route
Features Balcony

Building

Age Over 26 Years
Basement Type Full
Exterior Finish Vinyl
Foundation Type Concrete Perimeter
Stories Total 2
Type Multi-family
Utility Water Municipal Water

Parking

Gravel

Land

Access Type Road Access
Acreage No
Sewer Municipal Sewage System
Size Frontage 25.0000
Size Total Text Under 1/2 Acre

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/29015127/216-leith-thunder-bay-thunder-bay

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Signature North Realty Inc.
291 Court St. S.
Thunder Bay, Ontario P7B 2Y1

(807) 622-7674

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