Thunder Bay is located in Ontario and has a population of around 120,000 people, occupying a total land area of approximately 2,500 square kilometres.
one of the most populated cities within the northwestern region of the province, it has produced a high number of professional sports athletes,
politicians, and artists.
The name “Thunder Bay” comes from the bay that is located on the northern end of Lake Superior.
Over the years, Thunder Bay has always prided itself in its forestry and manufacturing industries.
However, within the past two decades, these two sectors have taken a backseat to knowledge-based industries such as education and medicine. This happened in face of the recognition that the resource industries tend to periodically fluctuate during the year in terms of supply and demand.
Since then, significant developments have been seen in terms of the money and resources that have gone towards improving the post-secondary opportunities available to residents.
Thunder Bay is now home to its own medical and law school as a result of said efforts.
Another area that contributes to the growth of Thunder Bay’s economy is the tourism industry.
In the summertime, several hiking paths and well-maintained campsites are available to summer tourists.
Thanks to the location of Thunder Bay, there is also a full-service marina that is available for boaters. The wintertime sees the opening of several downhill
ski mountains and cross-country ski paths for those who engage in such activities.
Neebing, the southernmost municipality in Thunder Bay, is home to several trout ponds that attract fishermen worldwide. IF you are lucky, you might be able to catch a sea bass or a rainbow trout. You will also find several sunken ship sites and the Thunder Bay Observatory. Visitors will be able to see the stars through one of their many giant-sized telescopes.
Red River is considered to be the downtown area of Thunder Bay, being home to Lakehead University and many other popular amenities within the city. Unsurprisingly, traffic tends to be heavy within this small area.
Neebing is home to many riverside properties that provide exemplary housing and a scenic view to go along with it. Most of these homes are extremely large and take up thousands of
square feet. They tend to come with modern furnishings to reflect a design style that is more in line with the housing made in the 21st century.
Westfort and McIntyre are rather rural areas in terms of layout, and this is reflected in the homes available in both municipalities. Expect to find bungalows and fully detached
homes with traditional exterior designs. The homes are affordable and rather small in size, which makes them ideal for bachelors and small-sized families.
Northwood’s real estate market consists mostly of semi-detached homes, bungalows, and some fully detached residential homes that don’t exceed two storeys in height. The interior
of these homes tend to be relatively unchanged from when they were first built, and this is due to the fact that inhabitants tend to prefer this kind of traditional design.
If you are looking for small properties that don’t require a lot of maintenance in the front yard or backyard, McKellar is your best bet. These are detached homes mixed in with
some cheap apartments for rent. The latter is best suited for seniors who don’t want to live in a retirement home but need an affordable place to live in. Current River tends to
be very similar to the real estate market of McKellar in this regard.
Red River is home to several high-end condos and apartment complexes that are predominantly occupied by university students and young professionals. On the outskirts, you can
expect to find some fully-detached residential homes that are best suited for medium-sized families.
The following table, based on data taken from the Canadian Real Estate Association (CREA’s) National MLS® Report for April 2016 (the latest information available), demonstrates how homes in LSTAR’s jurisdiction continue to maintain their affordability compared to other major Ontario and Canadian centres.
The major post-secondary institution in this city is Lakehead University, best known for being home to the Northern Ontario School of Medicine.
It currently has one of the largest Aboriginal student communities in Canada, which attracts a lot of prospective First Nations people looking
to further their education while receiving the necessary support to adjust to campus life. It is worth noting that a large majority of high
school graduates in Thunder Bay end up moving away to some of the most populated cities in Ontario in order to pursue their education further.
Thunder Bay has 22 public English-speaking elementary (K-8) schools, 16 elementary schools in the Catholic district school board, and a single elementary school within the city’s
Francophone Catholic school board. According to rankings based on performance across mathematics, writing and reading comprehension, some of the top-rated schools are St Margaret,
St Francis, Holy Cross, and Woodcrest.