
146 Hwy 587
Thunder Bay Remote Area, ON P0T 2M0
- 3Bedrooms
- 1Bathroom
- 0Garage
- —Sq Ft
- $834Tax
- 130×120 ftLot Size
- Estimated Value:$369,573See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 146 Hwy 587, Thunder Bay Remote Area
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-09-07 | 2025-09-16 | Login to See Prices | Sold | x13257912 |
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About 146 Hwy 587, Thunder Bay Remote Area
Summarized Description
- Charming 3-bedroom lakeside cottage on double lot
- Rustic wood flooring and open-concept design
- Stunning views of Lake Superior from dining room
- Private sanctuary with lush gardens and patios
- Updated solar system and propane woodstoves
- Adjacent to provincial park with hiking trails
- Unique claw foot tub adds vintage charm
- Rare opportunity in a scenic lakeside community
Lakeside Living at its Most Enchanting in Silver Islet, Ontario. Welcome to your dream retreat on the breathtaking shores of Lake Superior. This is more than a property, it’s a lifestyle. A place to write your own chapter in a setting that feels timeless. This charming 3-bedroom lakeside cottage is tucked away on a rare double lot, nestled beneath a majestic stone mountain, the backyard feels like a private sanctuary with lush perennial gardens, peaceful patio nooks, and hidden spots to sit and soak in the endless lake views. Inside, rustic wood flooring and a warm, open-concept kitchen and dining area invite gatherings and slow mornings. The dining room has beautiful water views, where the sunlight dances across the waves and into your home. A front sunroom is perfect for your morning coffee, and the spacious living room features a floor-to-ceiling bookshelf wall, a cozy invitation to curl up with a good read. The claw foot tub in the bathroom offers the ultimate in vintage charm, while every room whispers stories of lake life, connection, and comfort. This is more than a home, it’s a place to breathe, to gather, and to fall in love with every sunrise and every crashing wave. The home has been updated with a metal roof, updated solar system, propane woodstoves to help chase the chill of the nights, a generator & much more. Silver Islet isn’t just a place. It’s a feeling. A quiet kind of magic. A love story written in stone and surf. This is a rare opportunity to own a home in one of Ontario’s most storied and scenic lakeside communities. Once home to one of the world's richest silver mines, today, Silver Islet is a tranquil enclave of heritage cottages, forested trails, and crystal-clear waters ideal for kayaking, perfect for those seeking peace, privacy, and a deep connection to nature. Adjacent to a provincial park with so many hiking adventures awaiting - you need to call now to see this one! Visit www.century21superior.com for more info & pics.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $834
- Land Transfer Tax Fee
- $4,474
Rental Items
- Rental Equipment
- Propane Tank
- Basement Type
- Crawl Space
Interior Features
- Interior Extras
- Storage, Generator - Full, Other
- Fireplace/Stove
- Yes
- Fireplace Features
- Propane
- Elevator
- No
Exterior Features
- Exterior Extras
- Patio
- Pool
- None
- Property Features
- Fenced Yard
Building
- Building Type
- Detached
- Building Style
- 1 1/2 Storey
Construction
- Exterior Finish
- Vinyl Siding, Unknown
- Roof
- Metal
- Foundation Details
- Wood, Block, Poured Concrete
- Special Designation
- Other
Lot
- Lot Front
- 130.00 ft
- Lot Depth
- 120.00 ft
Inclusions
- Inclusions
- Solar fridge (2023), propane stove, generator, solar system equipment, Starlink, water pump & equipment (all hoses)
Exclusions
- Exclusions
- Please see Schedule A in the documents and attach it to any offer
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
Heating & Cooling
- Heat Source
- Propane
- Heat Type
- Other
- Air Conditioning
- Other
- Water
- Other
- Sewers
- Holding Tank, Other
- Bedrooms
- 3
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Living Room19x17.5Main level, Hardwood Floor
- Primary Bedroom19.7x7.10Second level, Hardwood Floor
- Kitchen13x13.8Main level, Hardwood Floor
- Dining Room11.7x13.3Main level, Hardwood Floor
- Bathroom4pcMain level, Laminate
- Bedroom—Second level, Hardwood Floor
- Bedroom 215.6x7.7Second level, Hardwood Floor
- Utility Room—Main level, Vinyl Floor
- Sunroom8.2x8Main level, Laminate
Washrooms
- 4-piece, Main
- Municipality
- Thunder Bay Remote Area
- Main cross streets
- On the "Avenue" - just east of the Silver Islet Store
- Directions
- On the "Avenue" - just east of the Silver Islet Store
- MLS® number
- X13257912
- Data source
- tbay
- Status change
- 2025-09-16
- Listed on
- 2025-09-07
- Days on market
- 9 days
- Co-op commission
- 2
- Seller
- Listed by
- CENTURY 21 SUPERIOR REALTY INC.
Home Market Value
Current home valuation for 146 Hwy 587, Thunder Bay Remote Area, , . Listed for $399,900
HOMEH Estimate
$369,573
Estimated Sales Range
$291,963 - $447,183
HOMEH Estimate for 146 Hwy 587, Thunder Bay Remote Area
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$19,995
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $15,196 | $11,157 | $9,518 | $0 |
=Total mortgage | $395,101 | $371,067 | $349,433 | $319,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,929monthly | $1,812monthly | $1,706monthly | $1,562monthly |
Land Transfer Tax
$4,474
$4,474
Around this home
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