Unknown for 218 Powley St, Thunder Bay Ontario P7A 2K9
32 days on Market

218 Powley St, Thunder Bay, Ontario P7A 2K9

Detached
4 + 1
3
- sqft
$535,000
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Detached
4 + 1
3
- sqft

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Highlights

Property Estimate

Days on market32 days

Estimated valueNot available

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Description

New Listing. Live in one unit while your tenants help pay the mortgage! Whether you're a first-time buyer, investor, or looking to enter the rental market, this well-maintained income property offers an outstanding opportunity. The spacious owner-occupied bungalow features a comfortable 3-bedroom layout with a bright and inviting living room, separate dining area, and a large kitchen offering plenty of cabinet and workspace. An exceptional detached garage provides ample room for vehicles, hobbies, or additional storage. The property offers three self-contained units in total, including the owner's living quarters. The two additional rental suites each feature their own private entrance, kitchen, and 4-piece bathroom, with shared access to the laundry area, creating an excellent opportunity to generate steady rental income while enjoying the comfort of your own home. Whether you're looking to offset your mortgage, purchase your first home, enter the rental market, or expand your investment portfolio, this versatile property offers flexibility and excellent income potential. Located on the city's desirable north side, you'll enjoy easy access to Boulevard Lake, scenic walking trails, parks, schools, shopping, and everyday amenities. A rare opportunity to own a well-maintained income property that allows you to live comfortably while generating rental income. Whether you're a first-time buyer, aspiring landlord, or seasoned investor, this property offers the perfect combination of homeownership and investment potential. Let's Book Your Viewing, Call Today.


Property Details

StyleBungalow
View-
Age of property-
SqFt-
Lot Size6,240 SqFt(120 x 52)
Parking Spaces-
MLS ®NumberX13635674
Community NameAlgoma
Data SourceTRREB
Listing byRE/MAX FIRST CHOICE REALTY LTD.

Features

Heating: Forced Air
Cooling: Other
Basement: Full, Part Fin

Main Floor

Living

Primary

3.38 x 3.77

Kitchen

3.07 x 5.09

2nd Br

2.84 x 4.45


Features

Lot size: 6,240 SqFt

Property History

Aug 4, 2026
Listed for
$535,000
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Listed
$•••,•••
32 days on market
history photo preview9
Listing by trreb®
Property listed by RE/MAX FIRST CHOICE REALTY LTD., Brokerage
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Market Data - Algoma

Geo Zone Map ThumbnailAlgoma

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

101 days

Compared to

New Listings

Past 30 days

4 listings

Compared to

Units sold

Past 30 days

1 unit

Compared to

Median Sold Price

Past 30 days

$615,000

Compared to


Population and Demographics

Overview

Total population 1936
Average household income $95,288

Age (%)

0 to 19
14%
20 to 34
24%
35 to 49
19%
50 to 64
21%
65 and plus
21%

Household composition (%)

Single person
49%
Single family
44%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
87%
Others
5%
French
3%
Finnish
2%
Ojibway
1%

House tenancy (%)

Renters
51%
Owners
49%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget