251 Onion Lake Rd is a land in Thunder Bay, listed for $100,000.
1Build your dream home surrounded by nature!
2This approximately 3.5 treed property on Onion Lake Road offers a fantastic opportunity to enjoy space, privacy and country living while remaining conveniently close to Thunder Bay.
3Enjoy four-season recreation just minutes from home while still having easy access to city amenities.
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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Lots & Land in Thunder Bay
About 251 Onion Lake Road
New Listing! Build your dream home surrounded by nature! This approximately 3.5 treed property on Onion Lake Road offers a fantastic opportunity to enjoy space, privacy and country living while remaining conveniently close to Thunder Bay. Outdoor enthusiasts will love the location, with Mount Baldy Ski Area , Trowbridge Falls and the extensive Trowbridge Forest mountain biking, hiking and winter trail network all nearby. Enjoy four-season recreation just minutes from home while still having easy access to city amenities. The property is currently undeveloped and treed, offering a blank canvas to create your own private retreat. Services have not been brought onto the property and would be the responsibility of the purchaser. Zoned RU and RU-H15. Buyers to complete their own due diligence with the City Of Thunder Bay and all applicable authorities regarding permitted uses, development and holding requirements, building, driveway/access, servicing, conservation requirements and all necessary approvals. A beautiful piece of property in a desirable rural setting with incredible potential!
Thunder Bay land priced at $100,000 — book a tour to see if it fits your search.
Inside 251 Onion Lake Rd
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
3.526
Listing & possession
Property class
Vacant Land
251 Onion Lake Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14119968$100,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 251 Onion Lake Rd 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
$491
/mo
based on the purchase price of $100,000
$20,000 cash
$80,000 financed
$67,381 total interest
Principal54%$80,000
Interest46%$67,381
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 ratio105.9%On average, homes sold at or above asking.
Active listings176Homes for sale here right now.
Median vs prior 90 days−2.8%Compared with Apr 30 – Jul 29, 2026: prices down.
Based on 523 sales from Jul 29 – Oct 27, 2026 (297 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 251 Onion Lake Rd
How much is 251 Onion Lake Rd listed for?
251 Onion Lake Rd is listed at $100,000 (MLS® X14119968). Summitly updates the price as soon as the MLS® record changes.
Has the price of 251 Onion Lake Rd changed?
No — 251 Onion Lake Rd is still listed at its original asking price of $100,000.
How many bedrooms and bathrooms does 251 Onion Lake Rd have?
The listing for 251 Onion Lake Rd doesn't publish its bedroom and bathroom count. It is a lot in Thunder Bay.
How much would the monthly mortgage be on 251 Onion Lake Rd?
About $491 a month — principal and interest on $100,000 with 20% down ($20,000), 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 251 Onion Lake Rd compare with other homes in Thunder Bay?
Its asking price of $100,000 is about 75% below the median sold price in Thunder Bay over the last 90 days, $405,000, across 523 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 251 Onion Lake Rd been sold before?
Summitly has no earlier MLS® sale or lease of 251 Onion Lake Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 251 Onion Lake Rd?
251 Onion Lake Rd is in Thunder Bay, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 251 Onion Lake Rd been on the market?
251 Onion Lake Rd was listed today (October 27, 2026).
What is the lot size of 251 Onion Lake Rd?
The lot is 3.495 acres, as published in the listing.
What is the land transfer tax on 251 Onion Lake Rd?
About $725 in Ontario land transfer tax at the asking price of $100,000. 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 251 Onion Lake Rd 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.
What is the property tax for 251 Onion Lake Rd?
The listing for 251 Onion Lake Rd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Thunder Bay.
