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1301 Ford St, Thunder Bay

  • Living area: 2348 sqft
  • Type: Townhouse
Source: Public Records

Property Details

NEW LISTING! Looking For An Excellent Investment Opportunity In The Heart Of Thunder Bay? This Legal Non-Conforming Triplex Located At 1301 Ford St Is The Perfect Investment Property You've Been Looking For. With An Annual Gross Income Of $54,000 And An Impressive 8.2 Cap Rate, This Property Generates An Exceptional Return On Investment. Located In A Sought-After Area Of Westfort, On The South Side, This Property Is Close To All Amenities, Including Restaurants, Groceries, And Confederation College. The Property Also Boasts A Large Oversized 90ft X 118ft Lot, Offering Ample Space For Outdoor Activities And Relaxation. This Triplex Features Coin-Op Laundry, A Detached 2.5 Car Garage, Adding The Convenience Of Secure Parking For Your Tenants Or Extra Income Potential. The Unit Is In Fantastic Condition, Boasting Updated Windows, High Efficiencey Furnace And Hot Water On Demand Water, Making It A Perfect Turnkey Property. Zoned UL - Urban Lowrise. Don't Miss This Fantastic Investment Opportunity. Visit www.katepasinelli.com For More Details Or Call Today To Schedule A Private Showing Of This Amazing Property! (id:1945)

Property Information

  • Sewer: Municipal sewage system
  • Heating: Forced air
  • Stories: 3
  • Basement: Full
  • Utilities: Natural Gas, Electricity, Cable, Telephone
  • Directions: Between Francis St. and Amelia St
  • Living Area: 2348
  • Photos Count: 47
  • Water Source: Municipal water
  • Parcel Number: 620290105
  • Structure Type: Multi-Family
  • Parking Features: Detached Garage, Parkade, Gravel
  • Tax Annual Amount: 3871
  • Building Features: Laundry Facility
  • Exterior Features: Stucco
  • Community Features: Bus Route

Nearby Places

Name Type Address Distance
St. Agnes Church, Thunder Bay Agnes Church is a Roman Catholic Parish church in ... 0.7 km
St. Patrick High School (Thunder Bay) Patrick High School is a Catholic high school loca... 1.3 km
Saint Patrick High School School 621 S Selkirk St 1.4 km
Westgate Collegiate and Vocational Institute School Thunder Bay 1.4 km
Westgate Collegiate & Vocational Institute It is one of four secondary schools in the Lakehea... 1.5 km
Fort William, Ontario It amalgamated with Port Arthur and the townships ... 1.5 km
Boston Pizza Restaurant 217 Arthur St W 1.7 km
Jackknife Bascule Bridge The bridge was built by the Canadian Pacific Railw... 1.9 km
Wasabi Japanese Restaurant Restaurant 538 Arthur St W 2.0 km
Victoria Inn Hotel and Convention Centre Night club 555 Arthur St W 2.2 km
Thunder Bay Catholic District School Board 34A prior to 1999) oversees all Catholic schools i... 2.2 km
Thunder Bay Catholic District School Board School 459 Victoria Ave W 2.2 km
1301 Ford St mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 1301 Ford St. The current price of the property is $499,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $399,920. This would result in a monthly mortgage payment of $2,338 over a 25-year amortization period.
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