16 Crown Street, Thunder Bay

$419,900
16 Crown Street

$419,900

Price Change
15d
Detached1 1/2 Storey

16 Crown Street, Thunder Bay

Total Monthly Obligation $2,326

HausQ Valuation Report
Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
15d
Score
28
Yield
7.1%
Cash on Cash
5.8%
Cap Rate
5.8%
5Y IRR
20.2%
10Y IRR
18.5%
Property Type-Detached
MLS® Number-X13875404
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-42.5 × 120 ft
Listed on site-Oct 8, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$3,092.79 (2026)
Parking-3 - None
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-Royal LePage® Lannon Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-As soon as possible
Neighbourhood-Court / Cumberland
Title-Residential Freehold

No agent assigned

Welcome to this extensively renovated 3 bedroom 2 bath home nestled in a historic neighborhood professionally updated throughout while retaining its character and charm. Updates include kitchen with granite counters , center island , furnace , AC, HVAC, bathrooms, flooring , wiring , plumbing, appliances and so much more ,This home offers modern comfort in a timeless setting overlooking the waterfront and the Sleeping Giant.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$335,920
Land Transfer Taxes$4,873
Legal Fees (Est.)
$
Total cash required for closing$90,353

Total Monthly Obligation

$2,326/mo
Mortgage $1,694
Monthly Loss $1,881
Principal$446
Interest$1,248
Property Tax$258
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.6%33
Cash-on-Cash
-1.0%6
5-Year IRR
14.9%71
10-Year IRR
14.6%
Returns Index
37.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
28/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,000/yr
NOI
$19,407/yr
Net Cash Flow
-$76/mo
Cash Margin
-3.1%3
Cash Flow Index
2.6/ 100
Risk Profile
Weight: 20%
DSCR
0.9523
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo70
Risk Index
37.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 16 Crown Street

Time

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Data last updated within the past 24 hours.