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126 May Street N, THUNDER BAY, ON, P7C 3P2

MLS® # TB233389
Commercial For Sale In Simpson-Ogden, THUNDER BAY, Ontario
$549,000
126 May Street N, Thunder Bay, ON
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ACTIVE
126 May Street N, THUNDER BAY, ON, P7C 3P2
$549,000

Property Information:

Exceptional investment opportunity in Thunder Bay! This meticulously maintained free-standing 9 unit apartment building consisting of 6 residential units, spanning 7,879 square feet, presents 5 one-bedroom units, 1 two-bedroom unit, and 3 commercial units, this property is designed for income potential and cash flow generation. Nestled in a prime locations, residents enjoy proximity to a host of amenities, including restaurants & cafes, shopping outlets, Victoriaville Mall, City Hall, grocery stores, parks, gym, salons, Public school, pharmacy, bus stops, Kaministiquia River Heritage Park and much more. Whether you're a seasoned investor or new to real estate, this property promises a solid return on investment. Don't wait, seize this chance to secure a valuable asset in Thunder Bay's thriving real estate market. Call today for more details and to arrange a viewing.

Property Features:

  • Annual Tax Amount: $11,743
  • Access: Municipal Road
  • Driveway Details: None
  • Exterior Finish: Brick
  • Heating Source: Natural Gas
  • Lot Depth: 100 Feet
  • Lot Frontage: 51 Feet
  • Roof Type: Asphalt
  • Sewer/Septic: Sewer
  • tb_table_icitype_lkp_3*:
  • Water/Well: Municipal Water
  • Zoning: C5
  • Heating Type: Forced Air

Courtesy of: Champs Real Estate Brokerage Inc

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Location of 126 May Street N, THUNDER BAY, ON, P7C 3P2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

26 hot days expected in 2050

Projected Precipitation Risk: Moderate

12 storms expected in 2050

Projected Heat Risk: Moderate-Low

26 hot days expected in 2050

32/100

Moderate-Low

ClimateCheck®

Current data

This property, 126 May Street N , experiences 7 hot days per year at around 28.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 26 hot days at 31.5 degrees Celsius.

Projected Avg. Temperature

Past
28.3℃
2050
31.5℃

# Hot Days Per Year

Past
7
2050
26

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

12 storms expected in 2050

40/100

Moderate

ClimateCheck®

Current data

This property, 126 May Street N , experiences 10 significant 2-day storms per year, with about 272mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 313mm of precipitation per year.

Precipitation Per Storm

Past
272mm
2050
313mm

48-Hour Storms Per Year

Past
10
2050
12

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 126 May Street N, THUNDER BAY, ON, P7C 3P2

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$72,115.81

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.1 %

High school certificate or equivalent

36.45 %

Apprenticeship trade certificate/diploma

7.39 %

College/non-university certificate

19.07 %

University certificate (below bachelor)

0.48 %

University Degree

10.5 %

Commuter

Travel To Work

By Car

68.16 %

By Public Transit

5.87 %

By Walking

16.88 %

By Bicycle

4.82 %

By Other Methods

4.27 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

50.96 %

Houses

49.04 %

Own Vs. Rent