$449,900 FOR SALE

Duplex

946 John St
Thunder Bay, ON P7B 5V7

**Exciting Investment Opportunity in Forest Park** Welcome to this incredible legal duplex in the highly desirable Forest Park neighborhood, an ideal location close to amenities, Lakehead University, and public transportation. Whether you're a savvy investor or looking for a place to call home with rental income potential, this property offers endless possibilities. The **main floor unit** boasts a spacious layout featuring **four bedrooms**, **two bathrooms**, and the convenience of **in-suite laundry**. The large back bedroom could easily be used as a second family room. Perfect for families or students, this unit is currently tenanted, providing immediate income potential. The **newly legalized basement apartment** is a bright and well designed **one-bedroom, one-bathroom unit** also featuring **in-suite laundry**, that’s ready for a tenant—or for you to set up as a guest suite or additional family space. With its separate entrance and vacant status, it’s a flexible addition to this property’s income-generating potential. An undeveloped attached garage with rear room presents a **unique opportunity** to expand further. With the possibility to add a **third suite**, you may be able to take advantage of the **City of Thunder Bay grant** for creating an additional dwelling unit (ADU). This could significantly boost your investment returns. This is a rare chance to own a versatile property in one of Thunder Bay’s most sought-after neighborhoods. Don’t miss out—schedule your private viewing today and explore the full potential of this fantastic investment! (id:47423)

Share

Listed By ROYAL LEPAGE LANNON REALTY
Data Provided By Thunder Bay Real Estate Board
MLS® Listing Number TB243708
Last Updated Dec 11, 2024
Property Summary
Property Type Duplex

More like this:
Community Thunder Bay
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Communication Type High Speed Internet
Community Features Bus Route
Listing Contract Date 2024-12-11
Location Description South of the corner of Golf Links Road/Junot Ave S and John St.
Municipal ID 621740007
Property Type Multi-family
Transaction Type For sale
Building
Basement Type Full
Constructed Date 1978
Foundation Type Concrete Perimeter
Heating Type Forced air
Stories Total 1
Type Duplex
Utility Water Municipal water
Utilities
Type Description
CableAvailable
ElectricityAvailable
Natural GasAvailable
TelephoneAvailable
Land
Total Size under 1/2 acre
Access Type Road access
Sewer Municipal sewage system

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.