218 Powley Street, Thunder Bay, ON P7A 2K9

About this property

New Listing. Live in one unit while your tenants help pay the mortgage! Whether you're a first-time buyer, investor, or looking to enter the rental market, this well-maintained income property offers an outstanding opportunity. The spacious owner-occupied bungalow features a comfortable 3-bedroom layout with a bright and inviting living room, separate dining area, and a large kitchen offering plenty of cabinet and workspace. An exceptional detached garage provides ample room for vehicles, hobbies, or additional storage. The property offers three self-contained units in total, including the owner's living quarters. The two additional rental suites each feature their own private entrance, kitchen, and 4-piece bathroom, with shared access to the laundry area, creating an excellent opportunity to generate steady rental income while enjoying the comfort of your own home. Whether you're looking to offset your mortgage, purchase your first home, enter the rental market, or expand your investment portfolio, this versatile property offers flexibility and excellent income potential. Located on the city's desirable north side, you'll enjoy easy access to Boulevard Lake, scenic walking trails, parks, schools, shopping, and everyday amenities. A rare opportunity to own a well-maintained income property that allows you to live comfortably while generating rental income. Whether you're a first-time buyer, aspiring landlord, or seasoned investor, this property offers the perfect combination of homeownership and investment potential. Let's Book Your Viewing, Call Today.

Property facts & features

Property type

Detached

MLS® number

X13635674

Source status

New

Bedrooms

5

Bathrooms

3

Reported interior area

Not provided

Neighbourhood

Not provided

Postal code

P7A 2K9

Garage

Detached

Lot depth (source units)

120

Annual property tax

5363.15

Basement

Full, Partially Finished

Laundry

Not provided

Interior features

Other

Exterior features

Deck

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

Plan your monthly ownership costs

Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.

Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Location & neighbourhood

Transit stops, schools and commute information are unavailable until verified sources are connected. Optional overlays remain off.