Thunder Bay Real Estate

Homes For Sale In Thunder Bay

Thunder Bay is a hidden gem. If you’re looking for an escape and if solitude brings you joy, then there’s no question that this small town will be perfect! It offers everything from Boreal forests and beautiful lakeside views and plenty of other cultures that can bring some spice into any day (and night). The best part about living here might just be how friendly everyone seems. If you’re looking at homes for sale in Ontario and are considering Thunder Bay, keep reading to find out what makes this city a great place to plant some roots.


$129,900
Active Listing
Land For Sale
2280 HWY 11/17 E
Thunder Bay, ON P7A0M1
Listing courtesy of RE/MAX FIRST CHOICE REALTY LTD.
New Listing - 2 weeks on Site
$349,900
Active Listing
Land For Sale
1.2
acres
1995 Crystal Beach RD
Thunder Bay, ON P7A0G8
Listing courtesy of ROYAL LEPAGE LANNON REALTY
$249,900
Active Listing
Single Family Home For Sale
2
beds
1
bath
1,102
sqft
432 Hodder AVE
Thunder Bay, ON P7A1T8
Listing courtesy of RE/MAX FIRST CHOICE REALTY LTD.
$399,900
Active Listing
Single Family Home For Sale
5
beds
2
baths
1,206
sqft
101 Black Bay CRES
Thunder Bay, ON P7A2E4
Listing courtesy of RE/MAX GENERATIONS REALTY
$649,000
Active Listing
Multi-Family For Sale
1,170
sqft
7081 HWY 61
Thunder Bay, ON P7L0A1
Listing courtesy of SIGNATURE NORTH REALTY INC.
New Listing - 3 days on Site
$349,900
Active Listing
Condo For Sale
2
beds
2
baths
1,150
sqft
103 375 Adelaide ST
Thunder Bay, ON P7A7X4
Listing courtesy of RE/MAX FIRST CHOICE REALTY LTD.
New Listing - 3 weeks on Site
$359,900
Active Listing
Condo For Sale
2
beds
1
bath
1,150
sqft
402 375 Adelaide ST
Thunder Bay, ON P7A7X4
Listing courtesy of RE/MAX FIRST CHOICE REALTY LTD.
New Listing - 2 weeks on Site
$339,900
Active Listing
Single Family Home For Sale
4
beds
2
baths
1,050
sqft
415 CUYLER ST
Thunder Bay, ON P7A1B3
Listing courtesy of ROYAL LEPAGE LANNON REALTY
New Listing - 2 weeks on Site
$464,900
Active Listing
Single Family Home For Sale
5
beds
2
baths
1,152
sqft
560 Black Bay RD
Thunder Bay, ON P7A1P8
Listing courtesy of ROYAL LEPAGE LANNON REALTY
New Listing - 3 weeks on Site
$249,900
Active Listing
Condo For Sale
2
beds
1
bath
1,098
sqft
207 500 Toledo Street
Thunder Bay, ON P7A8A6
Listing courtesy of ?
$389,000
Active Listing
Multi-Family For Sale
1,880
sqft
264 Cumberland ST N
Thunder Bay, ON P7A4N5
Listing courtesy of ROYAL LEPAGE LANNON REALTY
New Listing - 2 weeks on Site
$399,900
Active Listing
Single Family Home For Sale
5
beds
2
baths
28 Penfold ST
Thunder Bay, ON P7A3J7
Listing courtesy of KEYSPLZ REALTY LTD.
$216,500
Active Listing
Condo For Sale
2
beds
2
baths
1,000
sqft
402 165 Court ST
Thunder Bay, ON P7A7V1
Listing courtesy of RE/MAX FIRST CHOICE REALTY LTD.
$249,900
Active Listing
Condo For Sale
2
beds
2
baths
202 165 Court ST N
Thunder Bay, ON P7A7V1
Listing courtesy of ROYAL LEPAGE LANNON REALTY
$359,900
Active Listing
Single Family Home For Sale
4
beds
1
bath
1,074
sqft
394 Royal ST
Thunder Bay, ON P7A3N6
Listing courtesy of SIGNATURE NORTH REALTY INC.
New Listing - 2 days on Site
$399,900
Active Listing
Single Family Home For Sale
4
beds
2
baths
1,425
sqft
316 River ST
Thunder Bay, ON P7A3R2
Listing courtesy of RE/MAX FIRST CHOICE REALTY LTD.
$435,000
Active Listing
Condo For Sale
3
beds
2
baths
1,430
sqft
107 154 Algoma ST N
Thunder Bay, ON P7A5A1
Listing courtesy of RE/MAX FIRST CHOICE REALTY LTD.
New Listing - 2 days on Site
$139,900
Active Listing
Single Family Home For Sale
3
beds
3
baths
228 Tupper ST
Thunder Bay, ON P7A3Y3
Listing courtesy of RE/MAX GENERATIONS REALTY
$474,900
Active Listing
Single Family Home For Sale
2
beds
4
baths
1,150
sqft
310 College ST
Thunder Bay, ON P7A5K3
Listing courtesy of ?
$475,000
Active Listing
Condo For Sale
2
beds
3
baths
1,260
sqft
2260 Sleeping Giant PKWY
Thunder Bay, ON P7A0E7
Listing courtesy of ROYAL LEPAGE LANNON REALTY
$475,000
Active Listing
Condo For Sale
2
beds
3
baths
1,264
sqft
2305 2260 Sleeping Giant PKWY
Thunder Bay, ON P7A0E7
Listing courtesy of ROYAL LEPAGE LANNON REALTY
$299,900
Active Listing
Single Family Home For Sale
3
beds
2
baths
860
sqft
84 Logan AVE
Thunder Bay, ON P7A6P9
Listing courtesy of RE/MAX FIRST CHOICE REALTY LTD.
$489,900
Active Listing
Single Family Home For Sale
2
beds
1
bath
1,176
sqft
375 High ST N
Thunder Bay, ON P7A5S6
Listing courtesy of SIGNATURE NORTH REALTY INC.
New Listing - 3 days on Site
$249,900
Active Listing
Single Family Home For Sale
5
beds
1
bath
1,120
sqft
302 High ST N
Thunder Bay, ON P7A5S2
Listing courtesy of RE/MAX FIRST CHOICE REALTY LTD.
$699,900
Active Listing
Multi-Family For Sale
2,100
sqft
284 High ST N
Thunder Bay, ON P7C5S1
Listing courtesy of RE/MAX GENERATIONS REALTY
New Listing - 5 days on Site
$249,900
Active Listing
Single Family Home For Sale
4
beds
1
bath
755
sqft
226 High ST N
Thunder Bay, ON P7A5R8
Listing courtesy of RE/MAX FIRST CHOICE REALTY LTD.
New Listing - 7 days on Site
$249,900
Active Listing
Single Family Home For Sale
5
beds
3
baths
2,750
sqft
293 Park Ave
Thunder Bay, ON P7B1C4
Listing courtesy of CENTURY 21 SUPERIOR REALTY INC.
Price Change - 6 days ago
$45,000
Active Listing
Land For Sale
229 Manitou ST
Thunder Bay, ON P7B1P2
Listing courtesy of ROYAL LEPAGE LANNON REALTY
$1,895,000
Active Listing
Business Opportunity For Sale
10,000
sqft
80 court ST S
Thunder Bay, ON P7B2X4
Listing courtesy of ROYAL LEPAGE LANNON REALTY
$240,000
Active Listing
Single Family Home For Sale
5
beds
2
baths
1,398
sqft
11 Johnson AVE
Thunder Bay, ON P7B5E4
Listing courtesy of ROYAL LEPAGE LANNON REALTY
$329,900
Active Listing
Multi-Family For Sale
1,750
sqft
47 Machar Avenue
Thunder Bay, ON P7B2Y4
Listing courtesy of CENTURY 21 SUPERIOR REALTY INC.
New Listing - 7 days on Site
$399,900
Active Listing
Condo For Sale
3
beds
2
baths
1,175
sqft
UNIT 309, 405 Waverley ST
Thunder Bay, ON P7B1B8
Listing courtesy of ROYAL LEPAGE LANNON REALTY
$259,800
Active Listing
Condo For Sale
1
bed
1
bath
786
sqft
102 405 Waverley Street
Thunder Bay, ON P7B1B8
Listing courtesy of SIGNATURE NORTH REALTY INC.
New Listing - 6 days on Site
$624,900
Active Listing
Condo For Sale
2
beds
2
baths
1,215
sqft
UNIT 3414 - 96 High ST N
Thunder Bay, ON P7A5R3
Listing courtesy of ROYAL LEPAGE LANNON REALTY
Open House - Sat, Apr 27
$459,000
Active Listing
Single Family Home For Sale
2
beds
2
baths
114 Hill ST N
Thunder Bay, ON P7A5V7
Listing courtesy of ROYAL LEPAGE LANNON REALTY
$369,000
Active Listing
Single Family Home For Sale
4
beds
2
baths
514 County BLVD
Thunder Bay, ON P7A7W3
Listing courtesy of ?
New Listing - 2 weeks on Site
$399,900
Active Listing
Multi-Family For Sale
2,400
sqft
139 Machar AVE
Thunder Bay, ON P7C5L5
Listing courtesy of ROYAL LEPAGE LANNON REALTY
$399,000
Active Listing
Multi-Family For Sale
1,929
sqft
181 Secord Street
Thunder Bay, ON P7B3E5
Listing courtesy of KEYSPLZ REALTY LTD.
$259,900
Active Listing
Single Family Home For Sale
5
beds
2
baths
1,550
sqft
37 Ontario ST N
Thunder Bay, ON P7B3E8
Listing courtesy of RE/MAX GENERATIONS REALTY
New Listing - 3 days on Site
$324,900
Active Listing
Single Family Home For Sale
4
beds
2
baths
1,152
sqft
324 Cornwall AVE
Thunder Bay, ON P7B1T1
Listing courtesy of ROYAL LEPAGE LANNON REALTY
New Listing - a week on Site
$374,900
Active Listing
Single Family Home For Sale
4
beds
2
baths
1,884
sqft
136 Banning ST
Thunder Bay, ON P7B3H9
Listing courtesy of ROYAL LEPAGE LANNON REALTY
$334,500
Active Listing
Condo For Sale
2
beds
1
bath
1,150
sqft
304 31 Martha ST
Thunder Bay, ON P7A0A3
Listing courtesy of ROYAL LEPAGE LANNON REALTY
New Listing - 5 days on Site
$329,900
Active Listing
Condo For Sale
2
beds
1
bath
1,150
sqft
UNIT 103 - 620 Red River RD
Thunder Bay, ON P7B7C8
Listing courtesy of ROYAL LEPAGE LANNON REALTY
New Listing - 2 weeks on Site
$385,900
Active Listing
Single Family Home For Sale
4
beds
2
baths
1,115
sqft
129 Gladman CRES
Thunder Bay, ON P7A7G2
Listing courtesy of RE/MAX FIRST CHOICE REALTY LTD.
$339,900
Active Listing
Condo For Sale
2
beds
2
baths
1,090
sqft
207 590 Beverly Street
Thunder Bay, ON P7B6H1
Listing courtesy of CENTURY 21 SUPERIOR REALTY INC.
New Listing - 3 weeks on Site
$290,000
Active Listing
Single Family Home For Sale
4
beds
3
baths
1,204
sqft
39 Empress AVE N
Thunder Bay, ON P7A6B8
Listing courtesy of SIGNATURE NORTH REALTY INC.
$235,900
Active Listing
Single Family Home For Sale
2
beds
1
bath
750
sqft
16 Empress AVE N
Thunder Bay, ON P7A6B9
Listing courtesy of ?
$225,000
Active Listing
Single Family Home For Sale
3
beds
2
baths
750
sqft
412 Queen Street
Thunder Bay, ON P7B2K4
Listing courtesy of CENTURY 21 SUPERIOR REALTY INC.
$250,000
Active Listing
Land For Sale
14
acres
Island DR
Thunder Bay, ON P7E2C9
Listing courtesy of RE/MAX FIRST CHOICE REALTY LTD.
New Listing - 2 weeks on Site
$279,900
Active Listing
Single Family Home For Sale
2
beds
2
baths
970
sqft
440 Markland ST
Thunder Bay, ON P7B2J5
Listing courtesy of ROYAL LEPAGE LANNON REALTY
$339,000
Active Listing
Single Family Home For Sale
2
beds
2
baths
171 East AVE
Thunder Bay, ON P7A7Z8
Listing courtesy of ROYAL LEPAGE LANNON REALTY
New Listing - 4 weeks on Site
$299,900
Active Listing
Single Family Home For Sale
3
beds
2
baths
1,150
sqft
185 Windemere AVE
Thunder Bay, ON P7B4M7
Listing courtesy of ?
$249,800
Active Listing
Land For Sale
15
beds
9
baths
416 SECOND AVE E
Thunder Bay, ON P7B2N9
Listing courtesy of ROYAL LEPAGE CITIZEN REALTY
New Listing - 3 weeks on Site
$369,000
Active Listing
Single Family Home For Sale
2
beds
2
baths
995
sqft
353 Hilldale Road
Thunder Bay, ON P7G1Z1
Listing courtesy of KEYSPLZ REALTY LTD.
New Listing - 6 days on Site
$199,900
Active Listing
Single Family Home For Sale
2
beds
1
bath
600
sqft
178 Empress AVE S
Thunder Bay, ON P7B4N8
Listing courtesy of RE/MAX FIRST CHOICE REALTY LTD.
$149,900
Active Listing
Single Family Home For Sale
1
bed
1
bath
623 McPherson Street
Thunder Bay, ON P7C2Y7
Listing courtesy of KEYSPLZ REALTY LTD.

More About Thunder Bay Real Estate

Thunder Bay, a city named after the bay on which it banks, is at the head of Lake Superior in Ontario, Canada. It has a population of about 110,000 people and is the seat of the Thunder Bay District of Ontario. Thunder Bay is a secluded city, but some townships and municipalities included in the Thunder Bay District are Conmee, Fort William First Nations, Gillies, O’Connor, Oliver Paipoonge, and Neebing.

Thunder Bay is bordered by Lake Superior (Thunder Bay) to its east, Hwys 61 and 17 to its west/northwest and the Kaministiquia River flowing to the south. The terrain of Thunder Bay is relatively flat, with a few lightly rolling hills in the Port Arthur area, which compliments the serene atmosphere of Thunder Bay.

Thunder Bay, ON Real Estate Market

The vast majority of homes for sale in Thunder Bay are single detached homes with 2 to 4 bedrooms. Most dwellings were built before 1960. Several homes in Thunder Bay continued to be constructed through the 80s and a few were built through the 90s and 2000s. While you can find townhomes and condos for sale in Thunder Bay, there aren’t very many.

This city is attractive to new homeowners because the home prices are relatively more affordable than the rest of Ontario. If you’re watching the real estate market closely, you might find houses for sale in Thunder Bay under $200,000! Most detached homes sell for around $307K, though. Of the townhomes for sale in Thunder Bay, you will see them priced at around $400k and condos averaging $235k.

Home Prices In Thunder Bay, Ontario

  • Average detached house price: $307K
  • Average condo price: $235K
  • Average townhouse price: 400K

Thunder Bay Neighbourhoods

Like most cities, Thunder Bay is split up into various neighbourhoods, and some are more desirable than others. Here are some of Thunder Bay’s top neighbourhoods:

Edgewater Park

Resting along the banks of the Neebina River, Edgewater Park is ideal for raising children. The homes here have plenty of front and backyards for running around and their own driveways for parking. Shopping is convenient as it’s only a block or two away.

College Park

While most of Thunder Bay was developed in a straight-line grid, College Park is towards the city’s outskirts and the roads curve more with the natural lay of the land. The trees are mature, and there are a couple of parks within walking distance from the homes here.

River Terrace

A neighbourhood carved out of the forest, River Terrace is a secluded neighbourhood with River Terrace Park (which includes an ice rink) as its centre point. The Regional Hospital is only a block away too.

Thunder Bay Schools

There are three school boards serving the Thunder Bay area. Lakehead District School Board is the largest, then the Thunder Bay Catholic District School Board, and lastly, the Conseil scolaire de district catholique des Aurores boréales. The top schools in the area include:

Thunder Bay Elementary Schools

St. Francis Catholic Elementary School
600 Redwood Ave W, Thunder Bay, ON P7C 5G1
807-577-8565

St. Thomas Aquinas Catholic Elementary School
2645 Donald St E, Thunder Bay, ON P7E 5X5
807-577-1835

Ogden Community Public School
600 McKenzie St, Thunder Bay, ON P7C 4Z3
807-622-9513

St. Ann Catholic Elementary School
1130 Georgina Ave, Thunder Bay, ON P7E 4G2
807-577-7211

St. Paul Catholic Elementary School
539 Grenville Ave, Thunder Bay, ON P7A 2C3
807-683-8941

Westmount Public School
120 West, Begin St W, Thunder Bay, ON P7E 5M4
807-623-7715

Thunder Bay Secondary Schools

St. Ignatius
285 Gibson St, Thunder Bay, ON P7A 2J6
807-344-8433

Superior Collegiate and Vocational Institute
333 High St N, Thunder Bay, ON P7A 5S3
807-768-7284

Frequently Asked Questions About Thunder Bay Real Estate

What is the postal code for Thunder Bay?

The postal codes for Thunder Bay are P7A to P7G, P7J to P7K.

Where is the nearest commercial airport in Thunder Bay?

Thunder Bay International Airport is about a 10-minute drive or almost 6km away from the Thunder Bay city centre.

What county is Thunder Bay in?

The city of Thunder Bay is in the Thunder Bay District of Ontario and is the district seat.

How Much is a House in Thunder Bay?

Average home prices in Thunder Bay vary depending on what you’re looking for. Detached homes are about $307K, Condos are around $235K, and townhomes average $400k.

How far is Toronto from Thunder Bay?

Toronto is about 14 hours and 45 minutes or about 1,393km away from Thunder Bay.

How far is Sudbury from Thunder Bay?

Sudbury is about 11 hours or 1,003km away from Thunder Bay.

How far is Duluth, MI from Thunder Bay?

Duluth, MI is about 3 hours and 40 minutes or about 304km away from Thunder Bay.

Living In Thunder Bay, Ontario

Thunder Bay has a lot to offer, but if you’re still on the fence about moving here, continue reading to know what it’s really like living here.

  • The average commute time in Thunder Bay is only 10 minutes, which means residents here have more time to do the things they love!
  • Thundery Bay is a friendly multicultural community and is considered one of the cleanest green cities in all of Canada.
  • The cost of living is lower compared to other areas of Ontario. Whether you’re looking for rural houses for sale in Thunder Bay or waterfront property for sale in Thunder Bay, you can find it all at relatively affordable prices.
  • The Thunder Bay Regional Immigration Pilot (RNIP) is a new immigration program that shares the benefits of economic opportunity to smaller communities. It allows skilled foreigners looking for work an opportunity for permanent residence through its commitment to connecting resources such as job opportunities or language training programs to help them plant roots in Thunder Bay.

Thunder Bay Economy

Thunder Bay’s unemployment is trending downward and sits around 7.7%. The economy used to be fueled primarily by the forest industry, but due to the scarcity of modernization in this field, employment opportunities have transitioned to more knowledge-based trades, specifically in the fields of molecular medicine and genomics.

Thunder Bay Transportation

The people of Thunder Bay, Ontario are fortunate to live in such an ideal location. The city’s prime spot on major transportation routes means that it receives rail and air freight as well as shipping traffic. The Thunder Bay Transit serves the residents with 17 routes throughout the city. Hwy 11/17 is the main thoroughfare through the city for those getting around by vehicle, and people have easy access to the Thunder Bay International Airport for those travelling long distances.

Railway

While passenger rails are no longer available in Thunder Bay, the railway is still in operation and is used by the Canadian National and Canadian Pacific Railways.

Harbour

The Port of Thunder Bay has been in operation since the fur-trading company, North West Company, was in business during the late 1700s to early 1800s. It is now the largest outbound port in the St. Lawrence Seaway System, which is also the 6th-largest port in Canada.

Things To Do In Thunder Bay, Ontario

Thunder Bay is a city that has it all – a beautiful waterfront, a modern downtown, and vibrant restaurants and bars. It’s perfect for those who are not-so-outdoorsy, as there’s always something to do in this lively city. From Indigenous history and art to its bustling food scene, it’s safe to say you’ll love it here. Some of our favourite things to do in Thunder Bay are:

  • Sleeping Giant Provincial Park– Across Thunder Bay lays the “sleeping giant.” It’s actually one of the Seven Wonders of Canada and is a series of steep cliffs that look like a giant sleeping. The park is home to some of Canada’s most breathtaking scenery, including towering cliffs, pristine lakes, and dense forests. There are plenty of activities to keep you busy, including fishing, cycling, hiking and camping.
  • Both Hands Pizzeria & Bakery– After a day of work, make dinner easy and stop by Both Hands to pick up something warm and delicious for the family. This pizzeria and bakery do all their baking in a hand-built, wood-fired brick oven to make their rustic bread and pizzas!
  • Fort William Historical Park– Step back in time at Fort William Historical Park, where you can experience the culture and lifestyle of the North West Company fur traders. With 57 heritage buildings on 250 acres, Fort William offers a vivid and rich tapestry of fur trade life, from culture to crafts, medicine to business, domestic life to heritage farming. Come and explore their authentically recreated village, with interpreters bringing history to life!
  • The Keg Steakhouse– Go for a date night, or take the kids too, the Keg Steakhouse is one of the top places to dine in Thunder Bay. Want seafood? They got it! If a vegetarian, no worries, they have a menu to suit you too!
  • Kakabeka Falls– Kakabeka Falls is the perfect place to escape and reflect. With its 40-metre cascading waterfall, the falls are a natural wonder and are nicknamed the ‘Niagara of the North’ due to their size and accessibility. You’ll want to check out the old fossils on the rocks while you’re there!
  • Thai Kitchen– Thai Kitchen is all about bringing the flavours of Thailand to your table. With a mix of Eastern and Western influences, Thai Kitchen offers a unique culinary experience that will leave you happy and satisfied. Customers can either dine-in or bring the taste of Thailand home with Thai Kitchen!
  • Canadian Lakehead Exhibition– The Canadian Lakehead Exhibition is the perfect summer event for visitors of all ages! You can check out the art by regional artisans, shop in the concessions, play games and rides on the midway, and explore the year-round buildings on the grounds. This annual fair happens every August and is a massive draw for families and has something for everyone!
  • Naxos Grill & Bar– Looking for a delicious and authentic Greek dining experience? Look no further than Naxos! Their diverse menu features classic Canadian and Greek favourites, all made with the best quality ingredients. Whether you’re looking for a quick bite or a special event, you’ll enjoy the flavour and hospitality of Naxos.
  • Thunder Bay Art Gallery– If you’re looking for something interesting to do in Thunder Bay, the Art Gallery is a great option. It has a permanent collection of contemporary work by First Nation artists from Northwestern Ontario, as well as hosting travelling exhibitions. Plus, it works with and promotes the work of both local and regional artists. Whether you’re an art lover or not, there’s bound to be something that catches your eye at the Art Gallery!
  • Loch Lomond– If you’re looking for an invigorating winter activity, skiing at Loch Lomond is the perfect choice! With 17 runs of varying levels of difficulty, there’s something for everyone. And if tubing, snowshoeing or fat biking sounds like more your thing, no problem – they’ve got that covered too!

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