218 Powley St is a duplex in Thunder Bay, listed for $535,000.
1The 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.
2An exceptional detached garage provides ample room for vehicles, hobbies, or additional storage.
3Located on the city's desirable north side, you'll enjoy easy access to Boulevard Lake, scenic walking trails, parks, schools, shopping, and everyday amenities.
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Duplex in Thunder Bay
About 218 Powley Street
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.
Thunder Bay duplex priced at $535,000 — book a tour to see if it fits your search.
Inside 218 Powley St
Every detail from the listing, in one place.
Type
Duplex
Basement
Full
Features & systems
Interior
Basement
Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Duplex
218 Powley St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13635676$535,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 218 Powley St Compares to the Thunder Bay Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,628
/mo
based on the purchase price of $535,000
$107,000 cash
$428,000 financed
$360,488 total interest
Principal54%$428,000
Interest46%$360,488
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market25Homes sold in about 25 days on average.
Sale-to-list ratio106.1%On average, homes sold at or above asking.
Active listings176Homes for sale here right now.
Median vs prior 90 days−0.9%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 506 sales from Jul 24 – Oct 22, 2026 (288 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 218 Powley St
How much is 218 Powley St listed for?
218 Powley St is listed at $535,000 (MLS® X13635676). Summitly updates the price as soon as the MLS® record changes.
Has the price of 218 Powley St changed?
No — 218 Powley St is still listed at its original asking price of $535,000.
How many bedrooms and bathrooms does 218 Powley St have?
The listing for 218 Powley St doesn't publish its bedroom and bathroom count. It is a duplex in Thunder Bay.
How much would the monthly mortgage be on 218 Powley St?
About $2,628 a month — principal and interest on $535,000 with 20% down ($107,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 218 Powley St compare with other homes in Thunder Bay?
Its asking price of $535,000 is about 31% above the median sold price in Thunder Bay over the last 90 days, $408,750, across 506 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 218 Powley St been sold before?
Summitly has no earlier MLS® sale or lease of 218 Powley St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 218 Powley St?
218 Powley St is in Thunder Bay, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 218 Powley St been on the market?
24 days — 218 Powley St was listed on August 3, 2026.
Does 218 Powley St have a basement, and is it finished?
The listing describes the basement as: Full.
What is the lot size of 218 Powley St?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 218 Powley St?
About $7,175 in Ontario land transfer tax at the asking price of $535,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 218 Powley St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
