468 Winnipeg Ave is a 2-bedroom, 1-bathroom detached home in Thunder Bay, listed for $312,000. It has 700-1100 sq ft of living space.
1Step inside to discover a comfortable living room and adjoining dining room, both featuring hardwood flooring that adds warmth and character to the living spaces.
2Upstairs, you'll find two bedrooms, providing comfortable spaces for rest and relaxation.
3The paved driveway provides convenient off-street parking, while the backyard offers space to enjoy the outdoors.
Looking for an affordable home in a convenient location? Take a look at 468 Winnipeg Avenue! This 1 1/2 storey home offers a practical layout, hardwood floors, and plenty of potential for first-time buyers, or investors looking to add to their portfolio. Step inside to discover a comfortable living room and adjoining dining room, both featuring hardwood flooring that adds warmth and character to the living spaces. The cute, functional kitchen offers ample cabinetry and a cozy eat-in area, while a four-piece bathroom completes the main floor. Upstairs, you'll find two bedrooms, providing comfortable spaces for rest and relaxation. The lower level offers additional living space with a recreation room, perfect for a family room, television area, or hobby space, along with the convenience of an additional two-piece bathroom. Outside, enjoy the benefit of both a front porch and a covered side porch, offering additional areas. The paved driveway provides convenient off-street parking, while the backyard offers space to enjoy the outdoors. Located close to the Thunder Bay Community Auditorium, Lakehead University, shopping, public transit, and other everyday amenities, this property offers accessibility to many of the city's conveniences. Whether you're purchasing your first home, looking for a manageable property, or considering an investment opportunity, 468 Winnipeg Avenue is worth a closer look. With its traditional layout, hardwood flooring, additional lower-level living space, and convenient location, this home offers an opportunity to make it your own. Don't miss your chance to explore the possibilities!
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $446 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 468 Winnipeg Ave
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
700-1100 sq ftas stated on the listing
Basement
Partially Finished
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
Partially Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
468 Winnipeg Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14164730$312,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 468 Winnipeg Ave 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
$1,533
/mo
based on the purchase price of $312,000
$62,400 cash
$249,600 financed
$210,229 total interest
Principal54%$249,600
Interest46%$210,229
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 2–4 bed homes for sale in Thunder Bay around $312K.
Average days on market26Homes sold in about 26 days on average.
Sale-to-list ratio106.0%On average, homes sold at or above asking.
Active listings163Homes for sale here right now.
Median vs prior 90 days−4.8%Compared with May 14 – Aug 12, 2026: prices down.
Based on 496 sales from Aug 12 – Nov 10, 2026 (329 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 468 Winnipeg Ave
How much is 468 Winnipeg Ave listed for?
468 Winnipeg Ave is listed at $312,000 (MLS® X14164730). Summitly updates the price as soon as the MLS® record changes.
Is $312,000 a good price for 468 Winnipeg Ave?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above 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 468 Winnipeg Ave changed?
No — 468 Winnipeg Ave is still listed at its original asking price of $312,000.
How many bedrooms and bathrooms does 468 Winnipeg Ave have?
468 Winnipeg Ave has 2 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 468 Winnipeg Ave?
About $1,533 a month — principal and interest on $312,000 with 20% down ($62,400), 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.
Are there open houses at 468 Winnipeg Ave?
Yes — Saturday, November 14, 12:30 PM – 1:30 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.
How does 468 Winnipeg Ave compare with other homes in Thunder Bay?
Its asking price of $312,000 is about 22% below the median sold price in Thunder Bay over the last 90 days, $400,000, across 496 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 468 Winnipeg Ave been sold before?
Summitly has no earlier MLS® sale or lease of 468 Winnipeg Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 468 Winnipeg Ave?
468 Winnipeg Ave is in Thunder Bay, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 468 Winnipeg Ave been on the market?
1 day — 468 Winnipeg Ave was listed on November 9, 2026.
What is the price per square foot of 468 Winnipeg Ave?
About $284 to $446 per square foot: the asking price of $312,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 468 Winnipeg Ave have a basement, and is it finished?
The listing describes the basement as: Partially Finished.
