242 Fanshaw St., Thunder Bay, ON
Property no longer active
This property was sold on August 27, 2026. This listing is for reference purposes only. to view the sold price.
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Lock in binding written price protection before listing your property.*
*Conditions apply. Contact SousaSells.ca for more info.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of College Park. Expertly crafted featuring premium stucco (plaster) and brick construction, this residence presents an exceptional opportunity offered at $499,000 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.
- 4 Bedrooms and 2 Bathrooms
- Spacious lot size measured in Feet
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- Notable attributes: Storage, Built-In Oven, Other
- equipped with other central cooling and highly efficient forced air heating via gas
Description
Perfectly situated in the heart of the city, this beautifully maintained and tastefully renovated 3+1 bedroom, 2 full bathroom home offers the ideal combination of location, comfort, and style. Just steps from the college, university, and hospital, this property is perfectly positioned for students, professionals, families, or investors. Boasting great curb appeal and a fully fenced, thoughtfully planned backyard with desirable southern exposure, the outdoor space is ideal for relaxing, entertaining, and enjoying plenty of natural sunlight. Inside, the open-concept updated kitchen provides a modern and inviting space for everyday living and hosting, complemented by an updated bathroom and tasteful renovations throughout. The large, open recreation room is perfect for family gatherings, movie nights, or entertaining and features a cozy gas fireplace that adds warmth and character. Numerous important updates provide peace of mind, including new shingles in 2023, a new furnace in 2022, an owned hot water tank, and an updated electrical panel. With its exceptional central location, versatile layout, generous outdoor space, and extensive updates, this is a wonderful opportunity to enjoy a move-in-ready home in one of the city’s most convenient locations.
Evaluating your home's equity?
Lock in binding written price protection before listing your property.*
*Conditions apply. Contact SousaSells.ca for more info.
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Property Summary
This detached home located at 242 Fanshaw St., Thunder Bay is currently for sale and has been available on SousaSells for 8 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 242 Fanshaw St., Thunder Bay is in the College Park neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in College Park, Thunder Bay.
- •4 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •Desirable Detached architecture in College Park, Thunder Bay
Growing families needing multi-bedroom flexibility and space in College Park, Thunder Bay.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Fenced Yard
Interior Features
- Storage
- Built-In Oven
- Other
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 242 Fanshaw St., Thunder Bay, ON
Q.What is the asking price for 242 Fanshaw St., Thunder Bay, ON ?
The current listing price for 242 Fanshaw St., Thunder Bay, ON in College Park, Thunder Bay is $499,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms.
Q.What property type and architectural style is 242 Fanshaw St., Thunder Bay, ON ?
242 Fanshaw St., Thunder Bay, ON is a Detached (Bungalow) featuring a Finished, Full basement.
Q.What key property features does 242 Fanshaw St., Thunder Bay, ON offer?
Key property features include: Fenced Yard.
Q.What interior features are included in this home?
Interior highlights include: Storage, Built-In Oven, Other.
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Other.
Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
College Park, 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 242 Fanshaw St., Thunder Bay, ON P7C 5V1
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 $499,000 in Thunder Bay, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.
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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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