212 Cumberland Street N, Thunder Bay, ON P7A 4N1
Court / Cumberland, Thunder Bay · Near Cumberland St North between St. James & Woleseley · View map
About this home
single-tenant triple-net(NNN) commercial investment property leased to corporate tenant Brewers Retail Inc. (operating as The Beer Store) through December 2030 generating a fixed yearly net rent of $109,215. Because it is a triple-net lease, you have minimal day-to-day management responsibilities or operational cost fluctuations. Tenant directly handles property taxes, building utilities, and maintenance like snow removal, etc. Tenant also pay the insurance. Strong Covenant: Brewers Retail Inc. is a major corporate entity backed by large national/international brewing conglomerates, offering high financial stability compared to a small local business. The tenant directly handling snow plowing, property taxes, utilities and insurance eliminates the risk of inflation eroding your net income. Zoning: Service Commercial, offering high traffic exposure. Bus service, cable, garbage pickup, High speed internet, hydro, Natural gas, Streetlights, Telephone, Air conditioning, Loading dock, Overhead door, large parking area, paved yard, Store front, Wheel chairs access.
The home
- Type
- Commercial retail
- Square footage
- 4854 sq ft
- Bathrooms
- 1
- Lot size
- 210 x 124 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $14,331/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Cumberland St North between St. James & Woleseley
- Neighbourhood
- Court / Cumberland
More
- MLS® number
- X13864336
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
212 Cumberland Street, Thunder Bay, ON P7A 4N1
Court / Cumberland, Thunder Bay · Near Cumberland St North between St. James & Woleseley
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Listing history for 212 Cumberland Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 212 Cumberland Street N
Answers come straight from this home’s MLS® listing.
How much is 212 Cumberland Street N listed for, and what would it cost each month?
212 Cumberland Street N is listed for $1,670,000. With 20% down ($334,000), the mortgage payment would be roughly $6,736 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $7,931 a month, all in. That figure is an illustration, not a quote.
Is 212 Cumberland Street N freehold or a condo, and is there a monthly fee?
212 Cumberland Street N is a commercial retail in Court / Cumberland, Thunder Bay. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 212 Cumberland Street N have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 212 Cumberland Street N?
212 Cumberland Street N is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 212 Cumberland Street N, and what is the lot size?
The lot is listed as 210 x 124 ft.
How is 212 Cumberland Street N heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 212 Cumberland Street N?
Property taxes are $14,331 a year (2025), or about $1,194 a month.
Where is 212 Cumberland Street N?
212 Cumberland Street N is in the Court / Cumberland community of Thunder Bay. The nearest main intersection is Cumberland St North between St. James & Woleseley. The postal code is P7A 4N1.
Is 212 Cumberland Street N still for sale?
Yes. It is an active listing (MLS® X13864336). Listings here update from the board through the day and come down once a home sells.
What have homes at 212 Cumberland Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 212 Cumberland Street N?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Courtesy of: RE/MAX REALTY SERVICES INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.