125 May Street, Thunder Bay, ON

$249,900
MLS#:X13244206
0 beds
0 baths
Commercial
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Added:Feb 11, 2026(204 days ago)
Updated:Jun 27, 2026(68 days ago)
Last Checked:8 minutes ago

Property Highlights

Welcome to this remarkable commercial located in the coveted neighborhood of McKeller Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $249,900 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 18 x 100 ft lot size
  • Features a yes basement, adding superb versatility for recreation, a home gym, or extra storage
  • Notable attributes: Other
  • equipped with other central cooling and highly efficient baseboard heating via gas

Description

Located in the McKellar Park area, this versatile property offers a unique opportunity for investors or developers. Currently configured as four residential units with back-lane access and two parking spaces, the building holds potential for conversion to retail or office use, making it ideal for a variety of future possibilities. Please note, the building is not currently accessible and is being sold as is, where is. Vacant and ready for transformation, this is a great chance to reimagine a space in a building in a commercial area of Thunder Bay. Can be purchased in a combination sale with 127 May Street next door. Please note - there is no access for any site visits. Visit www.century21superior.com for more info.

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Property Summary

This commercial located at 125 May Street, Thunder Bay is currently for sale and has been available on zoozaa for 204 days. This property is listed at $249,900 with an estimated mortgage of $832* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 125 May Street, Thunder Bay is in the McKeller Park neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in McKeller Park, Thunder Bay.

Great for Small Household / Couples
What We Love About This Home
  • •Desirable Commercial architecture in McKeller Park, Thunder Bay
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Property Type
Commercial

Additional Details

StatusActive
AddedFeb 11, 2026 (204 days ago)
UpdatedJun 27, 2026 (68 days ago)
Last Checked8 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial
ConstructionBrick
BasementYes
Lot Size18 × 100 Feet
CountyThunder Bay
Annual Tax$6,896.72
Legal DescriptionPT LT 55 W/S MAY ST PL W123 NEEBING ADDITIONAL AS IN TBR410709; THUNDER BAY

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeBaseboard
CoolingOther

Features

Property Features

None listed

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 125 May Street, Thunder Bay, ON

Q.What is the asking price for 125 May Street, Thunder Bay, ON ?

The current listing price for 125 May Street, Thunder Bay, ON in McKeller Park, Thunder Bay is $249,900.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and null bathrooms.

Q.What property type and architectural style is 125 May Street, Thunder Bay, ON ?

125 May Street, Thunder Bay, ON is a Commercial () featuring a Yes basement.

Q.What interior features are included in this home?

Interior highlights include: Other.

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Other.

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Location

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125 May Street, Thunder Bay, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

McKeller Park, Thunder Bay

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–¼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

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.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

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.

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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 125 May Street, Thunder Bay, ON P7E 1A9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Thunder Bay.

Configure Loan Settings

Interest Rate4.00%
Down Payment$74,970 (30.0%)
* Minimum Canadian down payment required for this price is $12,495.
Amortization Period30 Years
Estimated Monthly Payment$832Based on a loan of $174,930 over 30 years.
Purchase Price$249,900
Loan Amount$174,930
Provincial Land Transfer Tax:$2,224
Total Estimated Closing Taxes:$2,224

About Purchasing a Home in Thunder Bay, ON

For a property listed at $249,900 in Thunder Bay, the legal minimum down payment is $12,495 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 $2,224 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 $2,224.

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McKeller Park, Thunder Bay Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for McKeller Park, Thunder Bay.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$433,862

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in McKeller Park, Thunder Bay

Elementary Schools

McKellar Park Central
Public301 Archibald Street North, Fort William, Thunder Bay, Ontario, P7C 3Y3
7.1
St Jude
Public345 Ogden Street, Fort William, Thunder Bay, Ontario, P7C 2N4
4.0
St Elizabeth
Public735 Selkirk Street South, Fort William, Thunder Bay, Ontario, P7E 1V3
5.8
St Thomas Aquinas
Public2645 Donald Street East, Thunder Bay, Ontario, P7E 5X5
7.0
Kingsway Park
Public315 Empire Avenue, Fort William, Thunder Bay, Ontario, P7E 4R9
5.8

Secondary Schools

St. Patrick
Catholic621 Selkirk Street South, Fort William, Thunder Bay, Ontario, P7E 1T9
5.3

McKeller Park, Thunder Bay Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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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