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946 John St Thunder Bay, Ontario P7B 5V7

5 Bedroom 4 Bathroom 1534 sqft
Bi-Level Fireplace Forced Air

$449,900

**Exciting Investment Opportunity in Forest Park** Welcome to this incredible legal duplex in the highly desirable Forest Park neighborhood, an ideal location close to amenities, Lakehead University, and public transportation. Whether you're a savvy investor or looking for a place to call home with rental income potential, this property offers endless possibilities. The **main floor unit** boasts a spacious layout featuring **four bedrooms**, **two bathrooms**, and the convenience of **in-suite laundry**. The large back bedroom could easily be used as a second family room. Perfect for families or students, this unit is currently tenanted, providing immediate income potential. The **newly legalized basement apartment** is a bright and well designed **one-bedroom, one-bathroom unit** also featuring **in-suite laundry**, that’s ready for a tenant—or for you to set up as a guest suite or additional family space. With its separate entrance and vacant status, it’s a flexible addition to this property’s income-generating potential. An undeveloped attached garage with rear room presents a **unique opportunity** to expand further. With the possibility to add a **third suite**, you may be able to take advantage of the **City of Thunder Bay grant** for creating an additional dwelling unit (ADU). This could significantly boost your investment returns. This is a rare chance to own a versatile property in one of Thunder Bay’s most sought-after neighborhoods. Don’t miss out—schedule your private viewing today and explore the full potential of this fantastic investment! (id:58361)

Property Details

MLS® Number TB243709
Property Type Single Family
Community Name Thunder Bay

Building

BathroomTotal 4
BedroomsAboveGround 4
BedroomsBelowGround 1
BedroomsTotal 5
Appliances Stove, Dryer, Dishwasher, Refrigerator, Washer
ArchitecturalStyle Bi-level
BasementDevelopment Partially Finished
BasementType Full (partially Finished)
ConstructedDate 1978
ConstructionStyleAttachment Detached
FireplacePresent Yes
FireplaceTotal 1
FoundationType Poured Concrete
HalfBathTotal 1
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
SizeInterior 1534 Sqft

Parking

Garage

Land

Acreage No
SizeFrontage 60.0000
SizeTotalText Under 1/2 Acre

Rooms

Level Type Dimensions
Basement Living Room 12'9"x11'11"
Basement Kitchen 16'9"x10'11"
Basement Bedroom 12'3"x10'3"
Main Level Living Room 15'x13'
Main Level Kitchen 18'7"x9'6"
Main Level Bedroom 19'1"x11'2" + 11'6"x11'7"
Main Level Bedroom 9'4"x11'5"
Main Level Bedroom 10'8"x9'9"
Main Level Bedroom 13'8"x9'7"
Main Level Bathroom 4 Piece

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/27729911/946-john-st-thunder-bay-thunder-bay

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