trreb/IMG-X13687188_dGJheS01ODQ5MjEtMQ-l.jpg
74 days on Market

711 Ridgeway Street, Thunder Bay, Ontario P7E 5H3

Townhouse
-
-
- sqft
$415,000
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Townhouse
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Highlights

Property Estimate

Days on market74 days

Estimated valueNot available

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Description

New Listing! Attention investors! This fully tenanted income property is an exceptional opportunity to add a cash-flowing asset to your portfolio. Featuring three self-contained rental units, this property offers multiple income streams with the convenience of professional property management already in place. The main floor features a spacious 2-bedroom, 1-bathroom unit, while the second-floor unit offers 2 bedrooms, 1 bathroom, a cozy gas fireplace, and a massive private deck that adds tremendous tenant appeal. The third floor is a self-contained bachelor suite, completing this versatile triplex. Adding even more value, the property includes a large garage that is separately rented, creating an additional source of income. With all units and the garage currently rented, this is a true turnkey investment. Whether you're looking to expand your portfolio or purchase your first investment property, this is an opportunity you won't want to miss.


Property Details

StyleOther
View-
Age of property-
SqFt-
Lot Size5,143 SqFt(95.25 x 54)
Parking Spaces-
MLS ®NumberX13687188
Community NameHyde Park
Data SourceTRREB
Listing byREMAX First Choice Realty Ltd.

Features

Heating: Forced Air
Cooling: Other
Basement: Full

Features

Lot size: 5,143 SqFt

Property History

Aug 18, 2026
ListedActive
$415,000
74 days on market
history photo preview22
Listing by trreb®
Property listed by REMAX First Choice Realty Ltd., Brokerage
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Market Data - Hyde Park

Geo Zone Map ThumbnailHyde Park

Strong Seller's Market

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Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

New Listings

Past 30 days

1 listing

Compared to

Units sold

Past 30 days

0 unit

Compared to

Median Sold Price

Past 30 days

$0

Compared to


Population and Demographics

Overview

Total population 1831
Average household income $116,502

Age (%)

0 to 19
19%
20 to 34
22%
35 to 49
17%
50 to 64
21%
65 and plus
21%

Household composition (%)

Single family
56%
Single person
39%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
92%
Others
4%
French
2%

House tenancy (%)

Owners
65%
Renters
35%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget