For Sale
125 May Street
McKeller Park, Thunder Bay, ON
$249,900
0Bd
0Ba
—sqft
18 x 100 ftlot
CommercialMLS# X13244206Listed 2026-02-11223 DOM
Basement
Partial Basement
On the market for 223 days — longer than average. The seller may be open to negotiation.
About this home
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.
Features
- Other
- Partial Basement
- No
Financials
Annual Taxes
$6,896.72
Estimated Rental Income
Entire property$2,500 – $8,000/mo
Rental yield12.0% – 38.4%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Thunder Bay
Days on market223 days
Buyer's MarketSeller's Market
Based on active listings in Thunder Bay. Data updates daily.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
57
/ 100
Walk Score
Somewhat Walkable
48
/ 100
Transit Score
Some Transit
53
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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