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Land For Sale in Cherry Ridge, Thunder Bay

0 Land For Sale in Cherry Ridge, Thunder Bay

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Cherry Ridge 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)
$384,900
Difference over last year (%)
-2.8

Cherry Ridge

Situated within the Greater Thunder Bay metropolitan area, Cherry Ridge is a neighbourhood within Thunder Bay, Ontario.

Transportation

Driving is very often the best mode of transportation in Cherry Ridge. Nearby highways are rather easy to drive to from any home in this area, and it is very easy to come across a parking spot. On the other hand, residents using public transit may have few choices in Cherry Ridge due to the low service level. Nonetheless, there are a few bus lines passing through the neighbourhood, and most homes are very close to a bus stop. Cherry Ridge is not especially bicycling-friendly since there are a good number of hills to challenge cyclists, and there are few bike lanes. Getting around on foot is also not very practical for residents in Cherry Ridge because very few daily needs can be met without the use of a vehicle.

Services

In Cherry Ridge, families will usually be able to reach primary schools and daycares as pedestrians. However, there are only a very small number of high schools and accordingly they can be a very long distance away. In terms of food, a car is commonly needed in Cherry Ridge to access the nearest grocery store. Residents can enjoy a few restaurants and cafes.

Character

Home buyers who prefer a relaxed ambience will enjoy Cherry Ridge. Cherry Ridge is very quiet overall, as noise from streets and other parts of the city is rarely an issue.

Housing

The predominant housing types in Cherry Ridge are single detached homes and townhouses. Around half of properties in this neighbourhood were built in the 1980s, while many of the remaining buildings were constructed in the 1960s and the 1990s. This area offers mainly three bedroom and four or more bedroom homes. Homeowners occupy roughly 85% of the units in the neighbourhood while the rest are rented.

Summary

Cherry Ridge, located in Thunder Bay, Ontario, offers easy access for those who drive, with convenient parking and a short distance to the highway. The neighborhood provides a quiet atmosphere, appealing to those who enjoy a peaceful environment. With a mix of single detached homes and townhouses, residents have a variety of housing options, with many properties built in the 1980s and 1990s. Families will find accessible daycares and primary schools within walking distance. While grocery shopping may require a vehicle, there are a few coffee shops in the area. Overall, Cherry Ridge offers a tranquil and convenient living experience for its residents.