12 Machar Avenue, Thunder Bay
New Listing. Looking to add to your investment portfolio without breaking the bank? This affordable 2-storey home is an excellent opportunity for investors seeking immediate rental income. Already tenant occupied with reliable rent-paying tenants, this property offers the kind of investment every landlord is searching for. Featuring 1,078 sq. ft., the home offers 3 bedrooms, a full 4-piece bathroom upstairs, plus a convenient main floor powder room. The functional layout provides comfortable living space, while the fenced backyard adds outdoor enjoyment and privacy for tenants. Two off-street parking spaces offer added convenience and value. With low property taxes, great rental appeal, and an affordable purchase price, this is an ideal opportunity for investors looking to generate cash flow or expand their rental portfolio. Whether you're a seasoned investor or purchasing your first income property, this property checks all the right boxes. Affordable. Tenant occupied. Income generating. Here's an Opportunity, book your viewing today! (id:1945)
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Property details for 12 Machar Avenue, Thunder Bay
- Type
- Residential
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,078 square feet
- Lot Size
- 30 x 125 FT
- Stories
- 2
- Basement
- Other, See Remarks, N/A
- Parking
- No Garage
- Heating
- Forced air, Natural gas
- Exterior
- Vinyl siding
- Ownership
- Freehold
- Annual Taxes
- $1,673
Nearby Listings Stat
Estimated price and comparable properties near 12 Machar Avenue
Active Listings
4
Min Price
$209,000
Max Price
$429,900
Avg Price
$309,675
Days on Market
29
days
Sold Listings
7
Min Sold Price
$329,900
Max Sold Price
$525,000
Avg Sold Price
$426,086
Days until Sold
21
days
Neighbourhood Census Data
Thunder Bay, Ontario
Population
352
Median Age
35.2
Median Income
$20,352
Dwelling Value
$160,000
Housing Tenure
Owners 44%
Renters 59%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.8
Pop. Density: 2,226.4/km²
Avg Shelter Cost: $867/mo
Owners with Mortgage: 71.4%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 55%
English only: 87.1%
English and French: 10%
Median Household Income: $31,040
Median Employment Income: $21,696
Price History
Listed
July 20, 2026
by RE/MAX FIRST CHOICE REALTY LTD.
Current Price
$209,000
Type
Residential
For Sale
