251 Francis Street W, Thunder Bay

$379,900
251 Francis Street W

$379,900

New
43d
Detached1 1/2 Storey

251 Francis Street W, Thunder Bay

Total Monthly Obligation $2,204

HausQ Valuation Report
Beds
4
Baths
2
Park
2
Sqft
1100-1500
DOM
43d
Score
31
Yield
7.9%
Cash on Cash
8.1%
Cap Rate
6.3%
5Y IRR
22.1%
10Y IRR
20.0%
Property Type-Detached
MLS® Number-X13767656
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-49.82 × 154.51 ft
Listed on site-Sep 10, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$3,564.1 (2025)
Parking-3 - Detached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-REMAX Generations Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Seller suitable accommodation
Neighbourhood-Westfort
Title-Residential Freehold

No agent assigned

Welcome to this inviting family home in the heart of Westfort! Featuring 4 bedrooms, 1.5 bathrooms and a finished basement with a second kitchen, with rental potential! This home offers plenty of space and versatility. Enjoy the convenience of a private driveway and large backyard, perfect for children, pets gardening, or summer entertaining. Ideally located close to schools, shopping, parks and everyday amenities, with Heath Park and its popular outdoor summer pool just nearby. If you've been searching for a family friendly home in a convenient Westfort location, this one is worth seeing!

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$
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%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$303,920
Land Transfer Taxes$4,174
Legal Fees (Est.)
$
Total cash required for closing$81,654

Total Monthly Obligation

$2,204/mo
Mortgage $1,532
Monthly Loss $1,801
Principal$403
Interest$1,129
Property Tax$297
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.0%38
Cash-on-Cash
0.7%9
5-Year IRR
16.3%79
10-Year IRR
15.8%
Returns Index
42.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
31/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,000/yr
NOI
$18,936/yr
Net Cash Flow
$46/mo
Cash Margin
1.8%7
Cash Flow Index
6.7/ 100
Risk Profile
Weight: 20%
DSCR
1.0329
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo74
Risk Index
40.4/ 100

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

Comparables

Properties near 251 Francis Street W

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.