212 Cumberland Street, Thunder Bay, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Court / Cumberland. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,670,000 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 1 Bathroom
- Premium 210 x 124 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
single-tenant triple-net(NNN) commercial investment property leased to corporate tenant Brewers Retail Inc. (operating as The Beer Store) through December 2030 generating a fixed yearly net rent of $109,215. Because it is a triple-net lease, you have minimal day-to-day management responsibilities or operational cost fluctuations. Tenant directly handles property taxes, building utilities, and maintenance like snow removal, etc. Tenant also pay the insurance. Strong Covenant: Brewers Retail Inc. is a major corporate entity backed by large national/international brewing conglomerates, offering high financial stability compared to a small local business. The tenant directly handling snow plowing, property taxes, utilities and insurance eliminates the risk of inflation eroding your net income. Zoning: Service Commercial, offering high traffic exposure. Bus service, cable, garbage pickup, High speed internet, hydro, Natural gas, Streetlights, Telephone, Air conditioning, Loading dock, Overhead door, large parking area, paved yard, Store front, Wheel chairs access.
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Property Summary
This commercial retail located at 212 Cumberland Street, Thunder Bay is currently for sale and has been available for 19 days. This property is listed at $1,670,000 with an estimated mortgage of $5,559* per month. It has 0 beds, 1 bathroom, and is unknown square feet. 212 Cumberland Street, 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.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Court / Cumberland, Thunder Bay.
- •1 well-appointed bathroom
- •Desirable Commercial Retail architecture in Court / Cumberland, Thunder Bay
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- No
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Thunder Bay?
If you are looking for a house in Thunder Bay or researching Thunder Bay real estate for sale, this commercial retail at 212 Cumberland Street, Thunder Bay, ON offers an exceptional opportunity to buy a home in Thunder Bay, Ontario. Whether you are a first-time Thunder Bay home buyer or comparing active Thunder Bay MLS® homes for sale, working with a dedicated Thunder Bay buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Thunder Bay Buyer Budget & Costs
Estimated mortgage: $5,559*/month*. Estimated Ontario Land Transfer Tax: $29,875. First-time Thunder Bay home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Thunder Bay
Frequently Asked Questions about 212 Cumberland Street, Thunder Bay, ON
Q.What is the asking price for 212 Cumberland Street, Thunder Bay, ON ?
The current listing price for 212 Cumberland Street, Thunder Bay, ON in Court / Cumberland, Thunder Bay is $1,670,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and 1 bathroom.
Q.What property type and architectural style is 212 Cumberland Street, Thunder Bay, ON ?
212 Cumberland Street, Thunder Bay, ON is a Commercial Retail () featuring a basement.
Q.What security features are installed at 212 Cumberland Street, Thunder Bay, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Court / Cumberland, Thunder Bay
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
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.
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.
Pricing & Value Insights
Data-driven valuation for 212 Cumberland Street N, Thunder Bay, ON P7A 4N1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Thunder Bay, ON
For a property listed at $1,670,000 in Thunder Bay, the legal minimum down payment is $334,000 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 $29,875 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 $29,875.
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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.
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