For saleMLS® X14122604

38 Haniak Road, Thunder Bay, ON P7K 0C7

Rosslyn Road, Thunder Bay · Near ARTHUR STREET W & HWY 130 · View map

$5,400,000
38201Sq ft
InvestmentType
Outside/SurfaceGarage
NoneParking
$101,381/yrTaxes
$5,400,000
FreeholdNo monthly condo fee
Outside/Surface garageFrom the listing
Lot 172.9 x 1821.8 ftThe land comes with the home

About this home

Long-Term NNN Industrial Sale-Leaseback Investment. 38,201 SF Freestanding Industrial Facility (Approx. 2,737 SF Office & 35,464 SF Industrial) On Approx. 18.45 Acres In Rosslyn (Oliver Paipoonge), Minutes West Of Thunder Bay With Quick Access To Hwy 130 And The Trans-Canada Highway (Hwy 11/17). A Well-Established Industrial Tenant With A 49+ Year Track Record Will Sign A New 10-Year Triple Net Lease On Closing At $12.00/SF In Year 1 With 2.5% Annual Escalations (Approx. $458,412 Year-1 Net Rent - 8.49% Going-In Cap Rate At List Price). Steel Frame Construction, 26 Ft Clear Height, 14 Grade-Level Doors, Crane-Served Bays, Gas Forced Air Heat. Originally Built 1974 With Expansions Through 2022. Zoned PM1 (Paipoonge Light Industrial). Large Yard With Outside Storage. Services: Hydro, Drilled Well, Septic, Natural Gas, Telephone & High-Speed Internet. Thunder Bay Is The Main Service Hub For Northwestern Ontario And The Gateway To The Ring Of Fire Mineral Region. Ideal For REITs, Institutional And Private Investors Seeking Stable, Hands-Off Income.

The home

Type
Investment
Square footage
38201 sq ft
Lot size
172.9 x 1821.8 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Closed

Garage & parking

Garage
Outside/Surface
Total parking
None

Taxes & other

Property taxes
$101,381/yr
Tax year
2026
Occupancy
Owner
Possession
TBA- SELLER TO LEASE BACK ON CLOSING (10-YR NNN)
Cross street
ARTHUR STREET W & HWY 130
Neighbourhood
Rosslyn Road

More

MLS® number
X14122604

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$30,231per month, all in
  • Mortgage
  • Property tax

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.

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    38 Haniak Road, Thunder Bay, ON P7K 0C7

    Rosslyn Road, Thunder Bay · Near ARTHUR STREET W & HWY 130

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    Sold history

    Listing history for 38 Haniak Road

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 38 Haniak Road

    Answers come straight from this home’s MLS® listing.

    How much is 38 Haniak Road listed for, and what would it cost each month?

    38 Haniak Road is listed for $5,400,000. With 20% down ($1,080,000), the mortgage payment would be roughly $21,782 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $30,231 a month, all in. That figure is an illustration, not a quote.

    Is 38 Haniak Road freehold or a condo, and is there a monthly fee?

    38 Haniak Road is a investment in Rosslyn Road, 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 38 Haniak Road have a garage and parking?

    Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.

    What style of home is 38 Haniak Road?

    38 Haniak Road is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 38 Haniak Road, and what is the lot size?

    The lot is listed as 172.9 x 1821.8 ft.

    How is 38 Haniak Road heated and cooled?

    Heating is gas forced air closed. The listing does not show air conditioning.

    What are the property taxes for 38 Haniak Road?

    Property taxes are $101,381 a year (2026), or about $8,448 a month.

    Where is 38 Haniak Road?

    38 Haniak Road is in the Rosslyn Road community of Thunder Bay. The nearest main intersection is ARTHUR STREET W & HWY 130. The postal code is P7K 0C7.

    Is 38 Haniak Road still for sale?

    Yes. It is an active listing (MLS® X14122604). Listings here update from the board through the day and come down once a home sells.

    What have homes at 38 Haniak Road 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 38 Haniak Road?

    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.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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