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946 John ST, Thunder Bay

$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!

Property Details

Property Type
Single Family
Architectural Style
Bi-level
Square Feet
1534
Bedrooms
4 + 1
Bathrooms
4
Basement
Partially Finished
Heating
Forced Air
Lot Dimensions
Under 1/2 Acre
Utilities
Cable - Available
Electricity - Available
Natural Gas - Available
Telephone - Available
MLS ID
TB243709
Courtesy of
ROYAL LEPAGE LANNON REALTY

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Children's Micracle Network Hospitals

RE/MAX Agents Give Back with Children’s Miracle Network

Our agents at RE/MAX Generations Realty Brokerage contribute a portion of their sales commissions to Children’s Miracle Network member hospitals – a truly worthy cause. Each donation helps fund paediatric medical equipment and treatments, as well as other healthcare services. Read More

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.