50 Water Street, Thunder Bay, ON

$1,300,000
MLS#:X13251180
2 beds
2 baths
45.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Court / Cumberland. Expertly crafted featuring premium stucco (plaster) and brick construction, this residence presents an exceptional opportunity offered at $1,300,000 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.

  • 2 Bedrooms and 2 Bathrooms
  • Spacious lot size measured in Feet
  • Features a other basement, adding superb versatility for recreation, a home gym, or extra storage
  • 45.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Wheelchair Access, Storage, Built-In Oven
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

NEW LISTING! Once in a Lifetime / Once in a Generation Opportunity to Purchase this Original Owner Custom Built Legacy Condo. The Largest Known Condo in Thunder Bay at 3,028 Square Feet Spans the Entire Front Width of the 5th Floor of 50 Water Street South Giving You a True 180 Degree View of the Harbour/Waterfront with Floor to Ceiling Windows. Did We Mention that it has 16 Foot Vaulted Ceiling Over the Living Room & Kitchen Bar Area? A Truly Spectacular Condo to View for the First Time. There is Room for Everything. Literally. Even Your Garage Stuff. Did We also Mention it has 2 Indoor Parking Spots? That's Right - 2! Now Let's Get to the Condo! A Formal Foyer Greets You at the Double Door Entrance. Open Concept Kitchen, Living Room, Formal Dining Room, with a 4 Side Granite Fireplace. A True Master/Primary Bedroom with 355 Square Feet (22'1" x 16'10") of Area, a 77 Square Foot Walk-In Closet, and a 5 Piece Ensuite Featuring Double Sinks, a Corner Shower, and a Corner Jacuzzi Soaker Tub for Two. Garden Doors to the 150 Square Foot East, West, South Facing Balcony with a Built-In Speaker System. Another Set of Garden Doors to the Balcony from the Bar Area. Bedroom Two Currently Being Used as an Office Has an Extra Large Closet for Lots of Storage. The Den Which Looks Like a Martini Room with the Custom Wood Work Around the Fireplace & TV Could Stay as a Den or an Office or Become a Third Bedroom if Needed. The Main Bathroom with Stand Up Shower also Doubles with the Hidden Laundry Area with Sink & Stackables. Functional but also out of the way. Last but not Least - The Garage Looking Storage Room that Spans 225 Square Feet (24'3" x 9'3") with Custom Metal Shelving Storage. The Only One of its Kind in Thunder Bay. The Opportunity to Buy this Condo may not come up again for Another 25 Years. Come and Take a Look Today & View the Condo that Everyone Talks about after they have seen it. Call for your own Personal Viewing today with Your Realtor of Choice. THIS IS IT!

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold price information is available to members only
Listed Date5/7/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionStucco (Plaster), Brick, Stone
BasementOther
CountyThunder Bay
Annual Tax$11,082
Legal DescriptionUNIT 3, LEVEL 5, THUNDER BAY CONDOMINIUM PLAN NO. 33 AND ITS APPURTENANT INTEREST. THE DESCRIPTION OF THE CONDOMINIUM PROPERTY IS : PT LTS 6 & 7 E/S CUMBERLAND ST, PT LTS 8, 9, 10 W/S S WATER ST, PT 1

Parking & Garage

Parking Spaces45.0
Garage Spaces2
Garage TypeOther

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Wheelchair Access, Storage, Built-In Oven, Other, Intercom

Security Features

Community Features

Location

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50 Water Street, Thunder Bay, ON
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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 50 Water Street S 501, Thunder Bay, ON P7B 6Y9

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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Financial Audit

Estimated Costs

Loan Amount$1,040,000
Monthly Mortgage$6,043
Property Tax (Est.)$924
Utilities & Maint.$350
Total Monthly Cost$7,317

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Thunder Bay.

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City & 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$850,000

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%

Local Schools Guide

Elementary Schools

Gron Morgan
Public174 Hodge Street, Thunder Bay, Ontario, P7B 4G4
7.4
Corpus Christi
Public110 Marlborough Street, Thunder Bay, Ontario, P7B 4G4
5.6
Algonquin Avenue
Public160 Algonquin Avenue South, Thunder Bay, Ontario, P7B 4T1
5.7
St Pius X
Public140 Clarkson Street South, Thunder Bay, Ontario, P7B 4W8
5.7
St Jude
Public345 Ogden Street, Fort William, Thunder Bay, Ontario, P7C 2N4
4.0

Secondary Schools

Hammarskjold HS
Public80 Clarkson Street South, Thunder Bay, Ontario, P7B 4W8
6.1
de la Verendrye
Public175 High Street North, Thunder Bay, Ontario, P7A 8C7
5.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.