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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed 2 days ago

    261 Balsam Street

    Shuniah·Thunder Bay, ON·P7A 5N4·Near Between Clayte St. & Margret St.

    • 2 beds
    • 0
    Thunder Bay real estate›X13528842
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Welcome to 261 Balsam Street, Thunder Bay. The perfect place to start! This charming 3-bedroom, 1-bathroom home is ideal for first-time buyers or anyone looking to downsize. Situated on a double lot with a fully fenced yard and 3-car driveway, there's plenty of room to enjoy both inside and out. Located in the desirable Shuniah District, you're just minutes from schools, George's Market, grocery stores, Cascades, the water park, and the skating rink. Don't miss your opportunity to make this home your own!

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    • Welcome to 261 Balsam Street, Thunder Bay.
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 6, 2026ListedCurrentFor sale$269,900 —X13528842This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Other
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 261 Balsam Street
    What's nearby

    Points of interest classified by the MLS® feed.

    • Fenced Yard
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $1,326
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $190
    0.85% mill rate · ON
    The market

    How this home sits in the Thunder Bay market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Thunder Bay market right now

    Average sold price, days on market, and closed-transaction count for Thunder Bay — sourced from MLS®.

    • Avg sold price
      $443,379
      Last 30 days
    • Median sold price
      $420,000
      Middle of the market
    • Days on market
      16 d
      Avg from list to close
    • Closed last 30d
      93
      MLS® transactions
    Full Thunder Bay market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 261 Balsam Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 261 Balsam Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 261 Balsam Street listed for?

      261 Balsam Street is listed at $269,900 on the MLS® (listing X13528842). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 261 Balsam Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 1 bath
  2. Detached
  3. < .50 ac lot
  4. Asking
    $269,900
    MLS® X13528842
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $323,667
    $297,773Confidence range$349,560
    Asking vs estimate
    ↓below
    −$53,767
    (-16.6%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Thunder Bay sell in about 16 days — this one has been listed 2 days.

    Avg sold price
    $443,379
    Median sold
    $420,000
    Avg days on market
    16
    Recently sold
    93
    See comparable sales
    The perfect place to start!
  6. Situated on a double lot with a fully fenced yard and 3-car driveway, there's plenty of room to enjoy both inside and out.
  7. Located in the desirable Shuniah District, you're just minutes from schools, George's Market, grocery stores, Cascades, the water park, and the skating rink.
  8. Ask Zara a follow-up
    Sewer
  9. Parking & garage

    3
    Garage
    None
    Parking spaces
    3
    Driveway
    Other
  10. Interior

    4
    Basement
    Other
    Family room
    N
    Kitchens
    1
    Total rooms
    4
  11. Exterior & construction

    4
    Exterior
    Other
    Roof
    Asphalt Shingle
    Foundation
    Block, Poured Concrete
    Pool
    None
  12. Listing & possession

    3
    Occupancy
    TBD
    Property style
    Bungalow
    Property class
    Detached
  13. Combined estimate
    $1,516
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $1,326
    /mo
    based on the purchase price of $269,900
    $53,980 cash
    $215,920 financed
    $181,861 total interest
    Monthly payment$1,326/ month
    Principal54%$215,920
    Interest46%$181,861

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Thunder Bay

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 212 Downing Street
      Sold
      Sign in for price
      212 Downing Street
      Detached
    • 278 Fanshaw Street
      Sold
      Sign in for price
      278 Fanshaw Street
      Detached
    • 277 Mary Street East
      Sold
      Sign in for price
      277 Mary Street East
      Detached
    • 437 Hodder Ave
      Sold
      Sign in for price
      437 Hodder Ave
      Detached
    • 319 Ruby Crescent
      Sold
      Sign in for price
      319 Ruby Crescent
      Detached
    • 273 Fairbank PL
      Sold
      Sign in for price
      273 Fairbank PL
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    261 Balsam StreetThis home2 / 1—$269,900ask———
    212 Downing Street3 / 2——
    278 Fanshaw Street2 / 2——
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Thunder Bay

    Active listings within ±20% of this asking price.

    • 1512 Broadmore Ave.
      $219,900
      1512 Broadmore Ave.
      Detached 2 1
    • 332 Erle Street
      $319,900
      332 Erle Street
      Detached 2 2
    • 318 Empire Avenue
      $249,900
      318 Empire Avenue
      Detached 3 1
    • 417 Hester Street
      $299,900
      417 Hester Street
      Detached 2 2
    • 600 Mary St. W.
      $299,900
      600 Mary St. W.
      Detached 1 1
    • 520 Van Norman Street
      $299,900
      520 Van Norman Street
      Detached 3 2
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  14. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  15. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  16. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  17. Public listing courtesy of RE/MAX GENERATIONS REALTY · displayed on Summitly per MLS® data-share rules

    261 Balsam Street is a 2-bedroom, 1-bath. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  18. When was 261 Balsam Street built?

    The year built for 261 Balsam Street isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  19. What is the property tax for 261 Balsam Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for 261 Balsam Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  20. How much would the monthly mortgage be on 261 Balsam Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $269,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  21. Has 261 Balsam Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 261 Balsam Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  22. What neighbourhood is 261 Balsam Street in?

    261 Balsam Street is in Shuniah, Thunder Bay. The 'Neighbourhood' section below links to the live Thunder Bay real estate hub with average sold price, days on market, and current inventory.

  23. Is Thunder Bay a good place to live?

    Thunder Bay is one of ON's actively-tracked Summitly markets. The full Thunder Bay real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  24. 277 Mary Street East
    2 / 2
    —
    —
    437 Hodder Ave2 / 2——
    319 Ruby Crescent3 / 4——
    273 Fairbank PL3 / 2——