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
$699,900 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.
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...
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...
Benefits of Browsing Just Listed Properties in River Terrace, Thunder Bay
When searching for a home in Thunder Bay, timing is everything. Accessing fresh MLS® listings the moment they hit the market gives home buyers a critical competitive advantage in Ontario's fast-moving real estate market.
First-Mover Advantage
Be the first to view new listings in Thunder Bay within minutes of MLS® publication before competing buyers schedule viewings.
Motivated Sellers
Newly listed sellers are eager to receive serious offers and negotiate terms before setting offer dates.
Avoid Multiple Offers
Early inquiries allow proactive buyers to submit strong pre-emptive offers before bidding wars escalate prices.
Accurate Price Valuation
Compare initial asking prices against recent Thunder Bay sold data to spot underpriced gems immediately.
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!
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.
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.
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 199 homes for sale, including 116 houses, 18 condos, and 0 townhouses listed for sale. The average price for all home types in Thunder Bay is $702K, which is down 1.1% compared to last year.
Thunder Bay is home to 29 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 49 Thunder Bay rental listings, including 17 houses and 31 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.
Median Age
The median age of residents in this area.
Home Ownership
Percentage of owner-occupied households.
People & Families
Demographics, age distribution, household size and makeup.
Age Demographics (Detailed Ranges)
Household Composition
Ethnic Origins
Local Schools
Ratings, ranking and classification of elementary and secondary schools.
Elementary Schools
St Pius X
140 Clarkson Street South, Thunder Bay, Ontario, P7B 4W8
Algonquin Avenue
160 Algonquin Avenue South, Thunder Bay, Ontario, P7B 4T1
Gron Morgan
174 Hodge Street, Thunder Bay, Ontario, P7B 4G4
Corpus Christi
110 Marlborough Street, Thunder Bay, Ontario, P7B 4G4
Holy Cross
420 Brittany Drive, Thunder Bay, Ontario, P7B 5X8
Woodcrest
867 Woodcrest Road, Thunder Bay, Ontario, P7G 1J2
C D Howe
30 Wishart Crescent, Thunder Bay, Ontario, P7A 6G3
St Bernard
655 River Street, Thunder Bay, Ontario, P7A 3S5
Our Lady of Charity
370 County Boulevard, Thunder Bay, Ontario, P7A 7P5
Franco-Supérieur
220 Elgin Street, Port Arthur, Thunder Bay, Ontario, P7A 0A4
St James
243 Court Street North, Port Arthur, Thunder Bay, Ontario, P7A 3P1
St Margaret
89 Clayte Street, Thunder Bay, Ontario, P7A 6S4
Sherbrooke
110 Sherbrooke Street, Thunder Bay, Ontario, P7C 4R6
Secondary Schools
Hammarskjold HS
80 Clarkson Street South, Thunder Bay, Ontario, P7B 4W8
de la Verendrye
175 High Street North, Thunder Bay, Ontario, P7A 8C7
Homes & Housing
Ownership rates, home structure distributions and listing prices.