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New Listings in River Terrace, Thunder Bay

New Listings in River Terrace, Thunder Bay

Unfortunately, no listings have been found for River Terrace. Please use the Search Bar above to refine your search.
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River Terrace Market

Use our home price trends to better gauge local market conditions and plan your next move. The graphs below show benchmark or average prices of homes sold in the area. Data generated by MLS® Systems and the MLS® Home Price Index (HPI) — Canada’s most advanced tool to gauge local home price levels and trends.
Year over year
Past 10 years
Market Price (CAD)
$341,300
Difference over last year (%)
3.3
Ask a REALTOR® for more detailed market information.

River Terrace

The neighbourhood of River Terrace is part of the city of Thunder Bay, Ontario, which is located in the Greater Thunder Bay metropolitan area.

Transportation

Driving is usually the favoured way to navigate this neighbourhood. It is very convenient to park, and most homes for sale are a reasonably short car ride from the nearest highway. In contrast, public transit riders may find limited options in this neighbourhood due to the low service level. Nonetheless, homeowners benefit from a few bus lines, and bus stops are generally around the corner. It is challenging for people travelling on foot to get around in this area because few daily needs can be carried out without a car. On the other hand, travelling by bicycle is easy in River Terrace.

Services

In River Terrace, parents and their kids will usually be able to reach daycares without a vehicle. On the other hand, high schools are not plentiful in this part of the city, and thus often beyond walking distance, and there are no primary schools. As far as food is concerned, it is occasionally feasible for house buyers in River Terrace to do their grocery shopping as pedestrians. Nevertheless, getting to the nearest pharmacy and consequently some basic food items is typically convenient. A restaurant is often just around the corner, and property owners benefit from a few cafes as well.

Character

The character of River Terrace is exemplified by its relaxed atmosphere. River Terrace is wonderful for those who need quiet surroundings, as noise from streets and other parts of the city is rarely an issue.

Housing

About 90% of the population of this neighbourhood own their home while the remainder are renters. Single detached homes and row houses are the predominant housing type in this part of Thunder Bay. Around 40% of properties in this neighbourhood were constructed after the year 2000, while the majority of the remaining buildings were built in the 1960s and the 1980s. However this neighbourhood is especially good for those looking for four or more bedroom homes.