306 University Dr is a 4-bedroom, 1-bathroom semi-detached home in Thunder Bay, listed for $299,900. It has 1100-1500 sq ft of living space.
1A high-efficiency furnace was installed in 2023.
2Walk to Lakehead University in minutes, reach the Thunder Bay Regional Health Sciences Centre (TBRHSC) in under five minutes by car, close to major transit routes and local shopping centers.
Modernized Living Near the College and University, This turn-key four-bedroom, two-bathroom home delivers an immediate, move-in-ready experience ideal for first-time buyers or investment opportunity. well kept and refreshed, the interior features a streamlined kitchen with updated cabinetry with a large pantry and a bright, functional layout optimized for daily living efficiency. A high-efficiency furnace was installed in 2023. Large windows flood the primary living areas with natural light, while the clean basement layout provides valuable additional storage or workspace options.Situated directly on University Drive, the location offers exceptional convenience. Walk to Lakehead University in minutes, reach the Thunder Bay Regional Health Sciences Centre (TBRHSC) in under five minutes by car, close to major transit routes and local shopping centers. Skip the renovation projects and secure a high-performing property in one of Thunder Bay's most accessible areas.
4 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $273 per square foot. Chat with Zara if you'd like a deeper read on whether this semi-detached fits your budget and timing.
Inside 306 University Dr
Every detail from the listing, in one place.
Type
Semi-Detached
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
2 spaces
Basement
Full
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Semi-Detached
306 University Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14179830$299,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 306 University Dr Compares to the Thunder Bay Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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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
$1,473
/mo
based on the purchase price of $299,900
$59,980 cash
$239,920 financed
$202,076 total interest
Principal54%$239,920
Interest46%$202,076
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.
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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.
Similar homes for sale nearby in Thunder Bay
Other 3-bed homes for sale in Thunder Bay around $300K.
Average days on market27Homes sold in about 27 days on average.
Sale-to-list ratio105.5%On average, homes sold at or above asking.
Active listings161Homes for sale here right now.
Median vs prior 90 days−4.8%Compared with May 17 – Aug 15, 2026: prices down.
Based on 498 sales from Aug 15 – Nov 13, 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 University Dr
How much is 306 University Dr listed for?
306 University Dr is listed at $299,900 (MLS® X14179830). Summitly updates the price as soon as the MLS® record changes.
Is $299,900 a good price for 306 University Dr?
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 University Dr changed?
No — 306 University Dr is still listed at its original asking price of $299,900.
How many bedrooms and bathrooms does 306 University Dr have?
306 University Dr has 4 bedrooms and 1 bathroom, with about 1,100–1,500 square feet of living space. It is a semi-detached home in Thunder Bay.
How much would the monthly mortgage be on 306 University Dr?
About $1,473 a month — principal and interest on $299,900 with 20% down ($59,980), 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 University Dr compare with other homes in Thunder Bay?
Its asking price of $299,900 is about 25% below the median sold price in Thunder Bay over the last 90 days, $400,000, across 498 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 University Dr been sold before?
Summitly has no earlier MLS® sale or lease of 306 University Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 306 University Dr?
306 University Dr is in Thunder Bay, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 306 University Dr been on the market?
306 University Dr was listed today (November 13, 2026).
What is the price per square foot of 306 University Dr?
About $200 to $273 per square foot: the asking price of $299,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 306 University Dr have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 306 University Dr have a basement, and is it finished?
