50 Water Street, Unit 501, Thunder Bay, ON
Property no longer active
This property was sold on June 12, 2026. This listing is for reference purposes only. to view the sold price.
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Court / Cumberland. Expertly crafted featuring premium stucco (plaster) and brick construction, this residence presents an exceptional opportunity offered at $1,300,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 2 Bathrooms
- Spacious lot size measured in Feet
- Features a other basement, adding superb versatility for recreation, a home gym, or extra storage
- 45.0 total parking spaces available with a convenient other configuration
- Notable attributes: Wheelchair Access, Storage, Built-In Oven
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
NEW LISTING! Once in a Lifetime / Once in a Generation Opportunity to Purchase this Original Owner Custom Built Legacy Condo. The Largest Known Condo in Thunder Bay at 3,028 Square Feet Spans the Entire Front Width of the 5th Floor of 50 Water Street South Giving You a True 180 Degree View of the Harbour/Waterfront with Floor to Ceiling Windows. Did We Mention that it has 16 Foot Vaulted Ceiling Over the Living Room & Kitchen Bar Area? A Truly Spectacular Condo to View for the First Time. There is Room for Everything. Literally. Even Your Garage Stuff. Did We also Mention it has 2 Indoor Parking Spots? That's Right - 2! Now Let's Get to the Condo! A Formal Foyer Greets You at the Double Door Entrance. Open Concept Kitchen, Living Room, Formal Dining Room, with a 4 Side Granite Fireplace. A True Master/Primary Bedroom with 355 Square Feet (22'1" x 16'10") of Area, a 77 Square Foot Walk-In Closet, and a 5 Piece Ensuite Featuring Double Sinks, a Corner Shower, and a Corner Jacuzzi Soaker Tub for Two. Garden Doors to the 150 Square Foot East, West, South Facing Balcony with a Built-In Speaker System. Another Set of Garden Doors to the Balcony from the Bar Area. Bedroom Two Currently Being Used as an Office Has an Extra Large Closet for Lots of Storage. The Den Which Looks Like a Martini Room with the Custom Wood Work Around the Fireplace & TV Could Stay as a Den or an Office or Become a Third Bedroom if Needed. The Main Bathroom with Stand Up Shower also Doubles with the Hidden Laundry Area with Sink & Stackables. Functional but also out of the way. Last but not Least - The Garage Looking Storage Room that Spans 225 Square Feet (24'3" x 9'3") with Custom Metal Shelving Storage. The Only One of its Kind in Thunder Bay. The Opportunity to Buy this Condo may not come up again for Another 25 Years. Come and Take a Look Today & View the Condo that Everyone Talks about after they have seen it. Call for your own Personal Viewing today with Your Realtor of Choice. THIS IS IT!
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Property Summary
This condo apartment located at 50 Water Street, Thunder Bay is currently for sale and has been available on SousaSells for 114 days. This property is listed at $1,300,000 with an estimated mortgage of $4,327* per month. It has 2 beds, 2 bathrooms, and is unknown square feet. 50 Water Street, Thunder Bay is in the Court / Cumberland neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Court / Cumberland, Thunder Bay.
- •2 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •Desirable Condo Apartment architecture in Court / Cumberland, Thunder Bay
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Thunder Bay.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Wheelchair Access
- Storage
- Built-In Oven
- Other
- Intercom
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 50 Water Street, Unit 501, Thunder Bay, ON
Q.What is the asking price for 50 Water Street, Unit 501, Thunder Bay, ON ?
The current listing price for 50 Water Street, Unit 501, Thunder Bay, ON in Court / Cumberland, Thunder Bay is $1,300,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 2 bathrooms.
Q.What property type and architectural style is 50 Water Street, Unit 501, Thunder Bay, ON ?
50 Water Street, Unit 501, Thunder Bay, ON is a Condo Apartment (Apartment) featuring a Other basement.
Q.What interior features are included in this home?
Interior highlights include: Wheelchair Access, Storage, Built-In Oven, Other, Intercom.
Q.Is parking available at this property?
Yes, this property offers parking space for 45.0 vehicles (Other).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
Virtual Tour & 3D Walkthrough
Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Court / Cumberland, Thunder Bay
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 50 Water Street S 501, Thunder Bay, ON P7B 6Y9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
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About Purchasing a Home in Thunder Bay, ON
For a property listed at $1,300,000 in Thunder Bay, the legal minimum down payment is $260,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $22,475 for this transaction. As this listing is in Thunder Bay (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $22,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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