1725 HWY 61, Thunder Bay, ON
Property Highlights
Welcome to this remarkable commercial located in the coveted neighborhood of Riverdale Road. Expertly crafted featuring premium unknown construction, this residence presents an exceptional opportunity offered at $1,100 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.
- 0 Bedrooms and 1 Bathroom
- Spacious lot size measured in Feet
- Features a other basement, adding superb versatility for recreation, a home gym, or extra storage
- Notable attributes: Other
- equipped with yes central cooling and highly efficient other heating via gas
Description
Prime Commercial Lease Opportunity! Excellent opportunity to lease approximately 500 sq. ft. of versatile commercial space in a busy, high-traffic location with outstanding storefront exposure. This well-positioned lease space features a bright storefront entrance, waiting/reception area, private bathroom, and convenient access to separate outdoor storage. A parking lot located directly out front offers easy access for customers and clients. Previously used as a boutique, hair salon, and restaurant dining space, this flexible unit is well suited for a variety of business ventures including retail, professional services, salon/spa, office use, or specialty shop. Quick possession available for those ready to get started right away. Rent is plus hydro. A fantastic opportunity to establish your business in a highly visible location! Visit www.century21superior.com for more info & pics.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1725 HWY 61 3, Thunder Bay, ON P7J 1G3
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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 $1,100 in Thunder Bay, the legal minimum down payment is $55 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 $6 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 $6.
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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.
