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507 Van Norman ST
Thunder Bay Ontario P7A4E3 Canada

$499,900

Active Listing ID TB2600124
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2,149 square feet
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Multi-family

$499,900

Active Listing ID TB2600124
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507 Van Norman ST Solid income-producing 2.5-storey character property in the sought-after College Heights neighbourhood, offering four legal rental units and a strong cap rate. This investment property features a basement unit with separate entrance, a newly rebuilt two-storey front deck, and all appliances included. The property has recently passed a fire inspection and is partially tenanted with reliable, long-term tenants in place, providing immediate cash flow. Conveniently located near grocery stores, County Fair Mall, Lakehead University, and Downtown Thunder Bay, this asset benefits from consistent rental demand and excellent return on investment. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Exterior Finish: Siding
  • Heating Systems: Forced air
  • Additional Features
  • Basement
Listing Changed: 1/26/2026 8:35:58 PM GMT
Source Updated Date: 2/4/2026 12:00:15 PM GMT

Courtesy of: ERIC TAYLOR, Salesperson, RE/MAX GENERATIONS REALTY