River Terrace

Your comprehensive guide to River Terrace, Thunder Bay, Ontario

Neighbourhood Vibe

Family & Community Centric

Safe, friendly streets lined with mature trees and parks.

Property Pulse

$630,537 Avg List

Solid inventory of detached family houses and townhomes.

Community Canvas

6,202,225 Residents

Rich tapestry of families, kids under 10, and professionals.

What You'll Love

Parks & Schools

High academic rankings and beautiful outdoor spaces.

Local Active Listings

Browse active properties for sale in this area.

See All Listings
🏠
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$599,900
5bd
3ba
Residential Freehold

192 RIVIERA Drive, Thunder Bay

Welcome to this modern, inviting 2 storey 5 bedroom 3 bath home home located in one of the area's m...

MLS#: X13542092
For Sale
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Sold Price: Members Only
4bd
2ba
Residential Freehold

273 Fairbank PL, Thunder Bay

Move-in ready in a prime location! This beautifully maintained 3+1 bedroom, 2-bath home offers plent...

MLS#: X13490068
Sold
Sold price information is available to members only
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$499,900
4bd
3ba
Residential Freehold

189 Evans Street, Thunder Bay

Located in one of Thunder Bay's most desirable neighbourhoods, just minutes from the hospital, sceni...

MLS#: X13478236
For Sale
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Sold Price: Members Only
4bd
3ba
Residential Freehold

205 Kusznier Crescent, Thunder Bay

DESIRABLE RIVER TERRACE NEIGHBORHOOD Welcome to this meticulously maintained, all-brick masterpiece ...

MLS#: X13497052
Sold
Sold price information is available to members only
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$699,900
5bd
3ba
Residential Freehold

192 RIVIERA Drive W, Thunder Bay

Welcome to this modern, inviting 2 storey 5 bedroom 3 bath home home located in one of the area's m...

MLS#: X13460614
Terminated
🏠
Click to view
$499,900
4bd
3ba
Residential Freehold

205 Linden Court, Thunder Bay

LOCATION, LOCATION, LOCATION! CLOSE TO THE HOSPITAL, UNIVERSITY, COLLEGE AND CONVENIENCES, THIS 3 +1...

MLS#: X13430936
For Sale
🏠
Click to view
Sold Price: Members Only
5bd
3ba
Residential Freehold

215 LINDEN Court, Thunder Bay

Built by Mario Micheli, this spacious 5 bedroom, 3 bathroom home is located on a pie-shaped lot in t...

MLS#: X13250488
Sold
Sold price information is available to members only
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Click to view
$799,900
3bd
4ba
Residential Freehold

405 Riviera Drive, Thunder Bay

Come on out and view this lovely two story home situated in River Terrace, one of Thunder Bay's prem...

MLS#: X13245316
For Sale
Region Overview

Explore River Terrace

River Terrace in Thunder Bay, Ontario, offers a uniquely charming and family-friendly community nestled within the city’s vibrant west side. It's a surprisingly tranquil haven, known for its mature tree-lined streets, spacious lots, and a strong sense of neighborly spirit. Residents enjoy a relaxed lifestyle, often utilizing the nearby parks and trails for outdoor recreation – perfect for those seeking a blend of urban convenience and natural beauty. River Terrace boasts a diverse housing stock, ranging from well-maintained single-family homes and bungalows to newer townhouses and some smaller condos, catering to a wide range of budgets and family sizes. While it’s not a bustling downtown core, River Terrace benefits from convenient access to Thunder Bay’s transit network, including bus routes that connect to key locations, and is a relatively short drive to the city center’s shops, restaurants, and entertainment. Many families appreciate the excellent local schools and quiet streets – making it a prime spot for those looking to settle down and establish roots in Thunder Bay. Considering a move to River Terrace? This community truly provides a high quality of life for those seeking a balanced and welcoming setting. River Terrace is more than just a place to live; it’s a community that values connection. You’ll find a strong sense of pride amongst residents, reflected in well-kept properties and active community events, though often on a smaller, local scale. Weekend strolls through the park are common, and the area benefits from proximity to key amenities like the Thunder Bay Public Market for fresh produce and local crafts. The overall vibe is down-to-earth and friendly, appealing to families, young professionals, and retirees alike. While Thunder Bay’s western neighborhoods offer a richer experience, River Terrace stands out for its cohesive character and commitment to a comfortable, close-knit lifestyle. For prospective buyers or renters, exploring real estate listings in River Terrace – including detached homes for sale and townhomes – reveals a neighborhood with solid investment potential due to its desirable location and strong community. Don't miss out on discovering this hidden gem within Thunder Bay!

💡 Insider Tips & Hidden Gems
Okay, so you're thinking of calling River Terrace home? Here are a few local secrets to know: * The Old Thunder Brewery: Just a short drive away, this hidden brewery boasts a fantastic selection of craft beers and a lively patio – their seasonal specials are a must-try. * Discovery Public Market: Definitely head here on Saturday mornings! You’ll find local produce, artisan goods, and delicious food vendors. It’s a great place to soak up the local atmosphere. * McIntyre Park: A fantastic spot for picnics, kids' play, and walking trails. You’ll often find locals enjoying volleyball or simply relaxing. * The Secret Trail: Just off the Davison Road trail, there's a lesser-known, slightly more challenging trail that leads to a beautiful overlook – perfect for a rewarding hike. * River's Edge Restaurant: Enjoy a meal with a view! This popular spot offers delicious seafood and stunning waterfront views. * Explore the Thunder Bay Art Gallery: A must-see for art lovers, showcasing local and regional artists. Look for their rotating exhibits and community events. It’s a wonderful way to spend a rainy afternoon. Finally, be sure to check out the local events calendar - River Terrace often hosts small community gatherings and festivals.
Market Stats & Trends

Home Prices & Values in Thunder Bay

The asking price of homes for sale in Thunder Bay has decreased 0.13% since last year, while the number of homes for sale has increased 11.2%. See more Thunder Bay Home Prices & Values.

House
Median Asking Price
$761K
Townhouse
Median Asking Price
$538K
Condo
Median Asking Price
$383K

Find Real Estate & MLS® Listings in Thunder Bay

SousaSells.ca has the most thorough, up-to-date set of Thunder Bay real estate listings. Currently, Thunder Bay has 388 homes for sale, including 323 houses, 34 condos, and 0 townhouses listed for sale. The average price for all home types in Thunder Bay is $572K, which is down 1.1% compared to last year.

Thunder Bay is home to 31 unique neighbourhoods. With SousaSells.ca you'll be able to find the hottest Thunder Bay neighbourhoods, the best schools in the city, and evaluate nearby amenities. Check out the upcoming open houses in Thunder Bay to tour homes in person. Narrow down your home search to filter by price, bedrooms, size or search by our map of MLS® listings for Canada-wide real estate.

If you’re looking for rentals instead of properties for sale, SousaSells has a comprehensive set of 97 Thunder Bay rental listings, including 33 houses and 63 apartments/condos for rent.

MLS® Listing data for Thunder Bay is updated every 15 minutes to provide you the most-up-to-date home listings. Get in touch with one of our Thunder Bay real estate agents to get started on landing your dream home today.

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Median Age

The median age of residents in this area.

39.6 Yrs

Home Ownership

Percentage of owner-occupied households.

65% Owners

People & Families

Demographics, age distribution, household size and makeup.

Age Demographics (Detailed Ranges)

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%
Canadian7%

Local Schools

Ratings, ranking and classification of elementary and secondary schools.

Elementary Schools

Public
Rating:5.7

St Pius X

140 Clarkson Street South, Thunder Bay, Ontario, P7B 4W8

FRASER RANK1777
Public
Rating:5.7

Algonquin Avenue

160 Algonquin Avenue South, Thunder Bay, Ontario, P7B 4T1

FRASER RANK1777
Public
Rating:7.4

Gron Morgan

174 Hodge Street, Thunder Bay, Ontario, P7B 4G4

FRASER RANK643
Public
Rating:5.6

Corpus Christi

110 Marlborough Street, Thunder Bay, Ontario, P7B 4G4

FRASER RANK1850
Public
Rating:6.7

Holy Cross

420 Brittany Drive, Thunder Bay, Ontario, P7B 5X8

FRASER RANK1062
Public
Rating:5.2

Woodcrest

867 Woodcrest Road, Thunder Bay, Ontario, P7G 1J2

FRASER RANK2090
Public
Rating:5.0

C D Howe

30 Wishart Crescent, Thunder Bay, Ontario, P7A 6G3

FRASER RANK2211
Public
Rating:6.9

St Bernard

655 River Street, Thunder Bay, Ontario, P7A 3S5

FRASER RANK927
Public
Rating:3.2

Our Lady of Charity

370 County Boulevard, Thunder Bay, Ontario, P7A 7P5

FRASER RANK2830
Public
Rating:4.9

Franco-Supérieur

220 Elgin Street, Port Arthur, Thunder Bay, Ontario, P7A 0A4

FRASER RANK2258
Public
Rating:6.0

St James

243 Court Street North, Port Arthur, Thunder Bay, Ontario, P7A 3P1

FRASER RANK1567
Public
Rating:5.3

St Margaret

89 Clayte Street, Thunder Bay, Ontario, P7A 6S4

FRASER RANK2026
Public
Rating:9.1

Vance Chapman

1000 Huron Avenue, Thunder Bay, Ontario, P7A 6L4

FRASER RANK97

Secondary Schools

Public
Rating:6.1

Hammarskjold HS

80 Clarkson Street South, Thunder Bay, Ontario, P7B 4W8

FRASER RANK367
Public
Rating:5.6

de la Verendrye

175 High Street North, Thunder Bay, Ontario, P7A 8C7

FRASER RANK453

Homes & Housing

Ownership rates, home structure distributions and listing prices.

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Real Estate Pulse

AVERAGE LIST PRICE$630,537
ACTIVE LISTINGS8 Homes
River Terrace (Thunder Bay) Real Estate & Neighborhood Guide | SousaSells.ca | SousaSells Real Estate