Welcome to this charming 3-bedroom, two-storey home featuring several important upgrades, including the furnace, shingles, insulation and electrical panel. Outside, you'll find a large shed, a deck perfect for enjoying the outdoors, and two convenient off-street parking spaces. Ideally located within walking distance to schools and nearby amenities, this home offers both convenience and potential. A fantastic opportunity for first-time buyers or anyone looking for a place to make their own-don't miss your chance to make this house your next home!
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $271 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 306 Franklin St S
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
700-1100 sq ftas stated on the listing
Parking
2 spaces
Basement
Crawl Space
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Crawl Space
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
306 Franklin St S Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14174462$189,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 306 Franklin St S Compares to the Thunder Bay Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$933
/mo
based on the purchase price of $189,900
$37,980 cash
$151,920 financed
$127,957 total interest
Principal54%$151,920
Interest46%$127,957
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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
Own a home on Franklin Street South? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 306 Franklin St S with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 306 Franklin St S day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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.
Similar homes for sale nearby in Thunder Bay
Other 2–5 bed homes for sale in Thunder Bay around $190K.
Average days on market27Homes sold in about 27 days on average.
Sale-to-list ratio105.6%On average, homes sold at or above asking.
Active listings160Homes for sale here right now.
Median vs prior 90 days−4.8%Compared with May 16 – Aug 14, 2026: prices down.
Based on 502 sales from Aug 14 – Nov 12, 2026 (333 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 306 Franklin St S
How much is 306 Franklin St S listed for?
306 Franklin St S is listed at $189,900 (MLS® X14174462). Summitly updates the price as soon as the MLS® record changes.
Is $189,900 a good price for 306 Franklin St S?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Thunder Bay. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 306 Franklin St S changed?
No — 306 Franklin St S is still listed at its original asking price of $189,900.
How many bedrooms and bathrooms does 306 Franklin St S have?
306 Franklin St S has 3 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Thunder Bay.
How much would the monthly mortgage be on 306 Franklin St S?
About $933 a month — principal and interest on $189,900 with 20% down ($37,980), 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 306 Franklin St S compare with other homes in Thunder Bay?
Its asking price of $189,900 is about 53% below the median sold price in Thunder Bay over the last 90 days, $400,000, across 502 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 306 Franklin St S been sold before?
Summitly has no earlier MLS® sale or lease of 306 Franklin St S on record from the last two years. Older records aren't shown under TRREB rules.
Where is 306 Franklin St S?
306 Franklin St S is in Thunder Bay, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 306 Franklin St S been on the market?
306 Franklin St S was listed today (November 12, 2026).
What is the price per square foot of 306 Franklin St S?
About $173 to $271 per square foot: the asking price of $189,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 306 Franklin St S have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 306 Franklin St S have a basement, and is it finished?
The listing describes the basement as: Crawl Space.
