946 John ST, Thunder Bay, Ontario P7B 5V7
$449,900.00
- 5 bedrooms
- 4 bathrooms
- 1,534 Square Feet
**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 ... read more
**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:25417)
- Listing ID: TB243709
- Property Type: Single Family
- Year Built: 1978
Property | |
---|---|
Style: | Bi-level |
Lot Size: | Under 1/2 Acre |
Parking: | Garage |
Building | |
---|---|
Appliances: | Dishwasher, Dryer, Refrigerator, Washer and Stove |
HVAC: | Fireplace and Forced Air Natural Gas |
Basement: | Full (Partially Finished) |
Utilities: | Cable, Electricity, Natural Gas and Telephone |
Location | |
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City: | Thunder Bay |
Province: | Ontario |
Rooms | Level | Dimensions |
---|---|---|
Living room | Basement | 12'9"x11'11" |
Kitchen | Basement | 16'9"x10'11" |
Bedroom | Basement | 12'3"x10'3" |
Living room | Main level | 15'x13' |
Kitchen | Main level | 18'7"x9'6" |
Bedroom | Main level | 19'1"x11'2" + 11'6"x11'7" |
Bedroom | Main level | 9'4"x11'5" |
Bedroom | Main level | 10'8"x9'9" |
Bedroom | Main level | 13'8"x9'7" |
Bathroom | Main level | 4 Piece |
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