17 Velva Avenue, Thunder Bay, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Shuniah. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $399,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 1 Bathroom
- Premium 49 x 103 ft lot size
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- Notable attributes: Other
- equipped with other central cooling and highly efficient forced air heating via gas
Description
Here is the starter home your Dad wont criticize. Ready to move in. Great south facing back yard with large deck to enjoy the sun all day. Updated exterior, plenty of parking, fenced yard and shed. House is located on a quiet Grandview area avenue. 2 bedrooms with a 3rd roughed in the basement, large rec room and walk in pantry.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 17 Velva Avenue, Thunder Bay, ON P7A 6N4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Thunder Bay, ON
For a property listed at $399,900 in Thunder Bay, the legal minimum down payment is $19,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,474 for this transaction. As this listing is in Thunder Bay (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,474.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
