Homula Realty Brokerage
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1080 Memorial Avenue, Thunder Bay, ON P7B 4A3

Commercial Retail
$25
$3,719,135per month, rent and TMI
Rent
$5,802 / month
TMI
$3,713,333 / month
Rate
$25 / sq ft + $16,000 TMI
Area
2,785 sq ft

Worked out from the rate and area the board publishes, at a twelfth of the annual figure. Confirm the terms before relying on them.

*** Visit the REALTOR website for further information about this Listing *** Corner Commercial Unit for Lease - Prime Exposure | 1080 Memorial Ave, Thunder Bay. Excellent opportunity to lease a highly visible corner commercial unit located on Memorial Avenue in Thunder Bay. This space offers outstanding street exposure, ample on-site parking, and a versatile layout suitable for a variety of uses. Ideal for retail, medical, health and wellness, or professional services, the unit benefits from strong traffic flow and easy accessibility for both clients and staff. The corner positioning allows for enhanced signage opportunities and natural light, helping your business stand out. Conveniently located in a well-established commercial area, this space is perfectly suited for businesses looking to establish or expand their presence in a high-demand location.

MLS number
X12715502
Type
Commercial Retail
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
P7B 4A3
Photos
5
Property tax
$16,000 / year
236days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St Jude Catholic Elementary School
Thunder Bay CDSB
Elementary1.3 km6.6 / 10
66% met the standard
Ogden Community Public School
Lakehead DSB
Elementary1.6 km7.2 / 10
72% met the standard
McKellar Park Central Public School
Lakehead DSB
Elementary2.1 km6.5 / 10
65% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 667 people.

$75,000Median household income
66.2%Own their home
61.2%Detached houses
49.6Median age
8.1%Born outside Canada
20.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35580105 — the few blocks around this address, home to 667 people. It describes the area, not this property.

667Population
46.5Average age
1.9Household size
$80,400Average household income
$75,000Median household income
66%Own their home
34%Rent
7%Condominiums
8%Born outside Canada
21%University degree
$306,000Average home value
11%Low income
81%Not in the labour force
34%Never married
$10,000 to $14,9992%
$15,000 to $19,9993%
$20,000 to $24,9993%
$25,000 to $29,9993%
$30,000 to $34,9992%
$35,000 to $39,9993%
$40,000 to $44,9994%
$45,000 to $49,9993%
$50,000 to $59,9994%
$60,000 to $69,9995%
$70,000 to $79,9997%
$80,000 to $89,9994%
$90,000 to $99,9997%
$100,000 and over24%
$100,000 to $124,9997%
$125,000 to $149,9995%
$150,000 to $199,9995%
$200,000 and over5%

Percentages are of the 455 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Listed by EASY LIST REALTY LTD.. Listing data provided by the Toronto Regional Real Estate Board.