946 John St
Thunder Bay, Ontario P7B5V7

4 beds · 4 baths · 1534 sqft

**Exciting Investment Opportunity in Forest Park** Welcome to this incredible legal duplex in the highly desirable Forest Park neighborhood, an ideal location close to amenities, Lakehead University, and public transportation. Whether you're a savvy investor or looking for a place to call home with rental income potential, this property offers endless possibilities. The **main floor unit** boasts a spacious layout featuring **four bedrooms**, **two bathrooms**, and the convenience of **in-suite laundry**. The large back bedroom could easily be used as a second family room. Perfect for families or students, this unit is currently tenanted, providing immediate income potential. The **newly legalized basement apartment** is a bright and well designed **one-bedroom, one-bathroom unit** also featuring **in-suite laundry**, that’s ready for a tenant—or for you to set up as a guest suite or additional family space. With its separate entrance and vacant status, it’s a flexible addition to this property’s income-generating potential. An undeveloped attached garage with rear room presents a **unique opportunity** to expand further. With the possibility to add a **third suite**, you may be able to take advantage of the **City of Thunder Bay grant** for creating an additional dwelling unit (ADU). This could significantly boost your investment returns. This is a rare chance to own a versatile property in one of Thunder Bay’s most sought-after neighborhoods. Don’t miss out—schedule your private viewing today and explore the full potential of this fantastic investment! (id:39198)

Brokerage Name: ROYAL LEPAGE LANNON REALTY