Thunder Bay, ON · · MLS® X13563424Updated
$1,499,000
222 May St N is a retail in Thunder Bay, listed for $1,499,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Turnkey Investment Opportunity! Unlock the potential of this rare 17,600 sq. ft. mixed-use building offering multiple income streams under one roof. This well-maintained property features 8 one-bedroom residential apartments, well-established bar, restaurant with a commercial kitchen including large seating area with a second bar, and a huge storage area with endless possibilities. With loads of updates already completed and a property manager who is willing to stay on, this is a rare opportunity for investors seeking a stable, turnkey asset with strong income potential and room for future growth. Whether you’re expanding your portfolio or stepping into commercial ownership, this one checks all the boxes. A true cash-flowing opportunity you won’t want to miss!
Thunder Bay retail priced at $1,499,000 — book a tour to see if it fits your search.
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Interior
Lot & land
Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
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.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
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Listing brokerage: Royal LePage® Lannon Realty, BrokerageMLS® X13563424 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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.
Other homes for sale in Thunder Bay around $1.5M.
Homes for sale in Thunder Bay
Every active Thunder Bay MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 496 sales from Aug 12 – Nov 10, 2026 (329 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
222 May St N is listed at $1,499,000 (MLS® X13563424). Summitly updates the price as soon as the MLS® record changes.
Yes — it was first listed at $1,599,000 and is now $1,499,000, a drop of $100,000 (6.3%).
The listing for 222 May St N doesn't publish its bedroom and bathroom count. It is a commercial property in Thunder Bay.
Its asking price of $1,499,000 is about 275% above the median sold price in Thunder Bay over the last 90 days, $400,000, across 496 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.
Summitly has no earlier MLS® sale or lease of 222 May St N on record from the last two years. Older records aren't shown under TRREB rules.
222 May St N is in Thunder Bay, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
119 days — 222 May St N was listed on July 14, 2026.
The listing describes the basement as: Other.
The lot is 50 acres, as published in the listing.
About $26,455 in Ontario land transfer tax at the asking price of $1,499,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
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.
The listing for 222 May St N doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Thunder Bay.
