222 May Street N, Thunder Bay

$1,499,000
222 May Street N

$1,499,000

Price Change
101d
Commercial Retail

222 May Street N, Thunder Bay

Total Monthly Obligation $8,046

Beds
0
Baths
0
Park
0
DOM
101d
Property Type-Commercial Retail
MLS® Number-X13563424
Beds-0
Lot Size-170 × 98 ft
Listed on site-Jul 14, 2026
Building Type-Commercial Retail
Taxes-$19,493 (2025)
Parking-None
Basement-Other
Heating-Other (Gas)
Brokerage-Royal LePage® Lannon Realty
Cooling-Yes
Fireplace-No
Pool-None
Facing-East
Exterior-Stucco (Plaster)
Roof-Other
Foundation-Other
Sewer-Sanitary
Neighbourhood-East End
Title-Commercial

No agent assigned

Turnkey Investment Opportunity! Unlock the potential of this rare 17,600 sq. ft. mixed-use building offering multiple income streams under one roof. This well-maintained property features 8 one-bedroom residential apartments, well-established bar, restaurant with a commercial kitchen including large seating area with a second bar, and a huge storage area with endless possibilities. With loads of updates already completed and a property manager who is willing to stay on, this is a rare opportunity for investors seeking a stable, turnkey asset with strong income potential and room for future growth. Whether you’re expanding your portfolio or stepping into commercial ownership, this one checks all the boxes. A true cash-flowing opportunity you won’t want to miss!

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Closing Costs

Mortgage Amount
$1,199,200
Land Transfer Taxes$26,455
Legal Fees (Est.)
$
Total cash required for closing$327,755

Total Monthly Obligation

$8,046/mo
Mortgage $6,047
Monthly Loss $6,455
Principal$1,591
Interest$4,455
Property Tax$1,624
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 222 May Street N

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.