395 Fort William Rd., Thunder Bay, ON

$2,399,000
MLS#:X13413774
0 beds
6 baths
Commercial
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Added:Jun 4, 2026(91 days ago)
Updated:Jun 27, 2026(68 days ago)
Last Checked:5 minutes ago

Property Highlights

Welcome to this remarkable commercial located in the coveted neighborhood of Court / Cumberland. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,399,000 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 6 Bathrooms
  • Premium 132 x 165 ft lot size
  • 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

Exceptional opportunity to own a fully renovated 10,023 sq.ft. commercial/investment property in one of Thunder Bay's most desirable waterfront-adjacent locations. Comprised of 6,057 sq.ft. on the main floor, 3,490 sq.ft. on the second level, and a 476 sq.ft. mezzanine, this versatile Light Industrial-zoned building offers tremendous flexibility for a wide variety of permitted uses including fitness, professional services, retail, trades, office, studio, showroom, warehouse, and investment opportunities. Extensively renovated throughout, major upgrades include new flooring, lighting, electrical, security system, garage doors, rear windows, front storefront window, updated plumbing, three new air conditioning units, a new lower-level furnace, renovated change rooms complete with showers and saunas, and a freshly painted exterior. Currently operating as a gym and barber shop, the building provides a functional layout with endless possibilities for future owners, owner-occupiers, or investors. The roof and parking area have been maintained and repaired as required over the years. Ideally situated steps from Marina Park with breathtaking Sleeping Giant views and surrounded by ongoing waterfront revitalization, this is a rare opportunity to acquire a landmark commercial property with exceptional long-term growth potential in one of the city's most sought-after locations. Don't miss this unique investment opportunity.

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This commercial located at 395 Fort William Rd., Thunder Bay is currently for sale and has been available on SousaSells for 91 days. This property is listed at $2,399,000 with an estimated mortgage of $7,985* per month. It has 0 beds, 6 bathrooms, and is unknown square feet. 395 Fort William Rd., Thunder Bay is in the Court / Cumberland neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Court / Cumberland, Thunder Bay.

Great for Small Household / Couples
What We Love About This Home
  • •6 well-appointed bathrooms
  • •Desirable Commercial architecture in Court / Cumberland, Thunder Bay
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bathrooms
6
Property Type
Commercial

Additional Details

StatusActive
AddedJun 4, 2026 (91 days ago)
UpdatedJun 27, 2026 (68 days ago)
Last Checked5 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial
ConstructionBrick
BasementOther
Lot Size132 × 165 Feet
CountyThunder Bay
Annual Tax$28,000
Legal DescriptionLT 96-97 PL 572 MCINTYRE; THUNDER BAY

Parking & Garage

Parking Space40
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeOther
CoolingYes

Features

Property Features

None listed

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 395 Fort William Rd., Thunder Bay, ON

Q.What is the asking price for 395 Fort William Rd., Thunder Bay, ON ?

The current listing price for 395 Fort William Rd., Thunder Bay, ON in Court / Cumberland, Thunder Bay is $2,399,000.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and 6 bathrooms.

Q.What property type and architectural style is 395 Fort William Rd., Thunder Bay, ON ?

395 Fort William Rd., Thunder Bay, ON is a Commercial () featuring a Other basement.

Q.What interior features are included in this home?

Interior highlights include: Other.

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Yes.

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Location

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395 Fort William Rd., Thunder Bay, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Court / Cumberland, Thunder Bay

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–¼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 395 Fort William Rd., Thunder Bay, ON P7B 2Z5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Thunder Bay.

Configure Loan Settings

Interest Rate4.00%
Down Payment$719,700 (30.0%)
* Minimum Canadian down payment required for this price is $479,800.
Amortization Period30 Years
Estimated Monthly Payment$7,985Based on a loan of $1,679,300 over 30 years.
Purchase Price$2,399,000
Loan Amount$1,679,300
Provincial Land Transfer Tax:$46,450
Total Estimated Closing Taxes:$46,450

About Purchasing a Home in Thunder Bay, ON

For a property listed at $2,399,000 in Thunder Bay, the legal minimum down payment is $479,800 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 $46,450 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 $46,450.

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Court / Cumberland, Thunder Bay Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Court / Cumberland, Thunder Bay.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,099,222

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Court / Cumberland, Thunder Bay

Elementary Schools

Vance Chapman
Public1000 Huron Avenue, Thunder Bay, Ontario, P7A 6L4
9.1
St Francis
PublicFrancis Street West, Thunder Bay, Ontario, P7E 3J1
8.9
Nor'wester View
Public1946 Mountain Road, Thunder Bay, Ontario, P7J 1C8
8.7
St Paul
Public539 Grenville Avenue, Thunder Bay, Ontario, P7A 2C3
8.5
Five Mile
Public2025 Dawson Road, Thunder Bay, Ontario, P7G 2E9
8.4

Secondary Schools

St. Ignatius
Catholic285 Algoma Street North, Thunder Bay, Ontario, P7A 2J6
6.6
Superior CVI
Public
6.2
Hammarskjold HS
Public80 Clarkson Street South, Thunder Bay, Ontario, P7B 4W8
6.1

Court / Cumberland, Thunder Bay Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.

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