424 Victoria Ave E is a 1-bathroom retail in Thunder Bay, listed for $249,900.
1Prime downtown southcore commercial opportunity!
2For over 40 years, this iconic local business has been known for its quality designer fashions, exceptional personal service and loyal clientele from Thunder Bay and surrounding communities.
3The building offers convenient one-level commercial space, a full basement for additional storage or business needs, and excellent street-front exposure in a highly visible downtown location.
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1 Bath Commercial Property in Thunder Bay
About 424 Victoria Avenue East
Prime downtown southcore commercial opportunity! Position your business in the heart of Thunder Bay's downtown Southcore, an area undergoing an exciting transformation with the reopening of Victoria Avenue following the removal of Victoriaville Mall! Located at 424 Victoria Avenue East, this well-established commercial property has been home to The Little Mermaid, a beloved Thunder Bay women's fashion boutique since 1985. For over 40 years, this iconic local business has been known for its quality designer fashions, exceptional personal service and loyal clientele from Thunder Bay and surrounding communities. The building offers convenient one-level commercial space, a full basement for additional storage or business needs, and excellent street-front exposure in a highly visible downtown location. Within walking distance of City Hall, the Thunder Bay Courthouse and surrounding businesses and services, this property is ideally situated to benefit from the ongoing revitalization of the Southcore, including improved streetscapes, pedestrian access and the return of vehicular traffic to Victoria Avenue. Whether you're looking to establish a retail storefront, professional office or service-oriented business, this is an excellent opportunity to invest in a recognizable commercial location and become part of the next chapter of downtown Thunder Bay!
Thunder Bay retail priced at $249,900 — book a tour to see if it fits your search.
Inside 424 Victoria Ave E
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
424 Victoria Ave E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14127892$249,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 424 Victoria Ave E 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.
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From 424 Victoria Ave E. Typical times without traffic delays; transit times aren't available yet.
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 listings172Homes for sale here right now.
Median vs prior 90 days−2.5%Compared with May 2 – Jul 31, 2026: prices down.
Based on 504 sales from Jul 31 – Oct 29, 2026 (312 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 424 Victoria Ave E
How much is 424 Victoria Ave E listed for?
424 Victoria Ave E is listed at $249,900 (MLS® X14127892). Summitly updates the price as soon as the MLS® record changes.
Has the price of 424 Victoria Ave E changed?
No — 424 Victoria Ave E is still listed at its original asking price of $249,900.
How many bedrooms and bathrooms does 424 Victoria Ave E have?
424 Victoria Ave E has 1 bathroom. It is a commercial property in Thunder Bay.
How does 424 Victoria Ave E compare with other homes in Thunder Bay?
Its asking price of $249,900 is about 39% below the median sold price in Thunder Bay over the last 90 days, $407,250, across 504 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 424 Victoria Ave E been sold before?
Summitly has no earlier MLS® sale or lease of 424 Victoria Ave E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 424 Victoria Ave E?
424 Victoria Ave E is in Thunder Bay, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 424 Victoria Ave E been on the market?
1 day — 424 Victoria Ave E was listed on October 28, 2026.
What is the land transfer tax on 424 Victoria Ave E?
About $2,224 in Ontario land transfer tax at the asking price of $249,900. 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 424 Victoria Ave E 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 424 Victoria Ave E?
The listing for 424 Victoria Ave E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Thunder Bay.
When was 424 Victoria Ave E built?
The listing for 424 Victoria Ave E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
