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218 Powley Street
homes for sale · Thunder Bay · Court / Cumberland
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$535,000

218 Powley Street

Court / Cumberland, Thunder Bay · MLS® X13635676

House · Multi-family · 81 days on market

listed by Elsie Tommasini, REMAX First Choice Realty Ltd.

realtor's 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

type
House, Multi-family
parking
0
property tax
$5,363 / yr
days on market
81
MLS®
X13635676

features

  • All
  • Washer
  • Refrigerator
  • Stove
  • Dryer
  • Microwave

monthly cost

$2,778/mo
Mortgage $2,331 · Tax $447

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$2,331/ monthly
loan $428,000
25-year amortization
total interest
$271,283
cash to close
$107,000
down payment; transfer tax and fees not included
total paid
$699,283

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Elsie Tommasini
REMAX First Choice Realty Ltd.
call Elsie · 807-474-8669
Powered by: REALTOR.ca

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location

Court / Cumberland, Thunder BayGoogle Maps ↗

location

Court / Cumberland, Thunder BayGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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