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447 Oliver Road, Thunder Bay, ON, P7B 2G4

MLS® # TB243101
Commercial For Sale In Academy Heights, Thunder Bay, Ontario
$499,900
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
447 Oliver Road, Thunder Bay, ON
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ACTIVE
447 Oliver Road, Thunder Bay, ON, P7B 2G4
$499,900

Property Information:

This well-maintained commercial building offers an excellent investment opportunity with both rental income and a fully equipped laundromat, conveniently located just blocks from the university, the community auditorium, and the Canada Games Complex. The property includes two vacant 1-bedroom apartments, one 2-bedroom apartment, and an operating laundromat equipped with 10 small washers, 5 large washers, and 12 double-stacked gas dryers. Each apartment has separate hydro meters, a dedicated parking space, and access to a large parking lot at the back for tenants and laundromat customers. The building also features a full basement for storage or expansion, as well as modern upgrades like a hot water on-demand system and a high-efficiency furnace. With its prime location and multiple revenue streams, this property is a rare opportunity not to be missed. Schedule a viewing today! Visit www.century21superior.com for more info and pics.

Property Features:

  • Annual Tax Amount: $5,489
  • Access: Municipal Road
  • Basement: Partial
  • Business Type: Business Service, Residential, Service
  • Exterior Finish: Stucco
  • Heating Source: Natural Gas
  • Lot Depth: Irreg Feet
  • Lot Frontage: 51 Feet
  • Property Features: Equip. Included, Parking
  • Property Size: 0.0 - 0.49 Acres
  • Roof Type: Asphalt
  • Services Available: Bus Service, Cable, Garbage PickUp, High Speed Internet, Hydro, Natural Gas, Street Lights, Telephone
  • Sewer/Septic: Sewer
  • tb_table_icitype_lkp_3*:
  • Water/Well: Municipal Water

Courtesy of: CENTURY 21 SUPERIOR REALTY INC.

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

Location of 447 Oliver Road, Thunder Bay, ON, P7B 2G4

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, 447 Oliver Road , 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, 447 Oliver Road , experiences 10 significant 2-day storms per year, with about 271.7mm 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 312.2mm of precipitation per year.

Precipitation Per Storm

Past
271.7mm
2050
312.2mm

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 447 Oliver Road, Thunder Bay, ON, P7B 2G4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$97,153.93

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.57 %

High school certificate or equivalent

26.0 %

Apprenticeship trade certificate/diploma

1.95 %

College/non-university certificate

21.4 %

University certificate (below bachelor)

1.43 %

University Degree

35.65 %

Commuter

Travel To Work

By Car

72.53 %

By Public Transit

13.77 %

By Walking

8.71 %

By Bicycle

1.99 %

By Other Methods

3.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.07 %

Houses

72.93 %

Own Vs. Rent