DetachedListed today

385 Cornwall Ave, Thunder Bay

Name: 385 Cornwall Avenue
SKU: X14123846
Price: 319900 CAD
Availability: InStock

Thunder Bay, ON · · MLS® X14123846Updated October 28, 2026

$319,900Est. $1,572/mo mortgage

Bedrooms: 3
Bathrooms: 2
Living space: 1100–1500sq ft
Parking spaces: 2

Type Detached
Basement Partially Finished, Full

What you should know

385 Cornwall Ave is a 3-bedroom, 2-bathroom detached home in Thunder Bay, listed for $319,900. It has 1100-1500 sq ft of living space.

This inviting 3-bedroom, 2-storey home offers beautiful views of the Sleeping Giant and Lake Superior right from your front yard!
Both the front and back yards are fully fenced, offering great spaces to relax and enjoy the outdoors.
The dining room also features a convenient pantry and patio doors leading to a fantastic backyard complete with an entertaining deck, pergola and newer shed (2023).

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3 Bed, 2 Bath Detached Home in Thunder Bay

About 385 Cornwall Avenue

Charm, character and incredible views! This inviting 3-bedroom, 2-storey home offers beautiful views of the Sleeping Giant and Lake Superior right from your front yard! Tucked away on the corner of a low-traffic street, you'll love the convenient location, just a short walk to Hillcrest Park, downtown and everyday amenities. Both the front and back yards are fully fenced, offering great spaces to relax and enjoy the outdoors. Inside, you'll find plenty of charm, starting with a bright living room featuring a pass-through window to the spacious dining room, creating just the right amount of open-concept living while maintaining the home's cozy character. The dining room also features a convenient pantry and patio doors leading to a fantastic backyard complete with an entertaining deck, pergola and newer shed (2023). Upstairs features three generously sized bedrooms, including a spacious primary with a built-in IKEA wardrobe offering excellent storage. The basement adds a second full bathroom and plenty of additional storage space. Updates include newer windows, furnace, shingles and rental hot water tank. A wonderful opportunity to enjoy a charming home and some of Thunder Bay's most iconic views!

3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $291 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 385 Cornwall Ave

Every detail from the listing, in one place.

Type: Detached
Style: 2-Storey
Living space: 1100-1500 sq ftas stated on the listing
Parking: 2 spaces
Basement: Partially Finished, Full

Features & systems

Parking & garage

Parking spaces: 2

Interior

Basement: Partially Finished · Full

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Detached

385 Cornwall Ave Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 28, 2026For saleListedThis listingMLS® X14123846$319,900

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 385 Cornwall Ave 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

Excellent Deal· based on 210 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Thunder Bay market, last 90 days

Median sold price: $405,000
Average sold price: $438,989
Average days on market: 25
Homes sold: 522

Closed sales on the TRREB MLS®.

Full Thunder Bay market report

Recently sold nearby in Thunder Bay

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home385 Cornwall Avenue 3 bd · 2 ba · 1,100 sqft	$319,900asking	$291	—	—
422 Ryerson Crescent 2 bd · 2 ba · 1,100 sqft
121 Loyola Place 3 bd · 1 ba · 700 sqft
69 Matthews St. Street 3 bd · 2 ba · 1,100 sqft
208 Gordon Street 2 bd · 1 ba · 700 sqft
345 County Boulevard 3 bd · 1 ba · 700 sqft
72 Burriss Street 3 bd · 1 ba · 700 sqft

422 Ryerson Crescent
2 bd · 2 ba · 1,100 sqft
121 Loyola Place
3 bd · 1 ba · 700 sqft
69 Matthews St. Street
3 bd · 2 ba · 1,100 sqft
208 Gordon Street
2 bd · 1 ba · 700 sqft
345 County Boulevard
3 bd · 1 ba · 700 sqft
72 Burriss Street
3 bd · 1 ba · 700 sqft

Living in Thunder Bay: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 385 Cornwall Ave

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $1,572; 20% down · 25 years · 5.5% assumed
Property tax: $176; 0.66% mill rate · ON
Total per month: $1,748; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$1,572

/mo

based on the purchase price of $319,900

Down payment20%

$63,980 cash

Amortization25 yr

$255,920 financed

Rate5.50%

$215,552 total interest

Principal54%$255,920

Interest46%$215,552

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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Listing brokerage: Royal LePage® Lannon Realty, BrokerageMLS® X14123846 · Listing data last updated October 28, 2026

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.

For sale· listed Oct 27· $291/sq ft

Estimated monthly mortgage$1,572/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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