Was listed for:Terminated Dec 23, 2025
$699,900

3065 Hwy 588

Thunder Bay Remote Area (Strange), ON P0T 2K0

Detached House TerminatedNot available

Property not available for sale or for rent.

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Sale & Price History for 3065 Hwy 588, Thunder Bay Remote Area, Strange

2025-09-02
2025-12-23
Terminated
Price
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MLS#
x13258110

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 3065 Hwy 588, Thunder Bay Remote Area, Strange

Summarized Description

  • Unique opportunity with historic charm on 28 acres
  • Former restaurant with spacious dining area
  • Fully equipped industrial kitchen for business use
  • Two-bedroom cabin for guest accommodations
  • RV hook-ups for outdoor enthusiasts
  • Detached garage adds convenience and storage
  • Ideal for bed-and-breakfast or boutique hospitality
  • Minutes from Whitefish Lake's natural beauty

Welcome to a truly unique opportunity to own a piece of local history. Situated on over 28 acres, the former Silver Mountain Station offers endless potential for the right buyer. The main dwelling, once operated as a restaurant, features a spacious dining area, a fully equipped industrial kitchen, and upstairs living quarters complete with an additional kitchen - an ideal layout for operating a bed-and-breakfast or boutique hospitality business. Adding even more versatility to the property, a newer two-bedroom cabin provides excellent income potential or guest accommodations. For outdoor enthusiasts or investors, there are three RV hook-ups already in place with water and power, along with the possibility for many more throughout the grounds. A detached two-car garage adds convenience and storage space. Located just minutes from Whitefish Lake, this property is surrounded by natural beauty while offering a rare blend of history and opportunity. Whether you’ve dreamed of running your own business, investing in short-term rentals, or creating a private retreat, this remarkable property is ready for your vision.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$1,540
Land Transfer Tax Fee
$10,473

Rental Items

Rental Equipment
propane tank

Basement Type
Unfinished, Full

Interior Features

Interior Extras
Storage, Other
Fireplace/Stove
Yes
Fireplace Features
Wood
Elevator
No

Exterior Features

Exterior Extras
Deck, Patio
Pool
None

Building

Building Type
Detached
Building Style
1 1/2 Storey

Construction

Exterior Finish
Other
Roof
Asphalt Shingle, Metal
Foundation Details
Other
Special Designation
Other

Lot

Lot Size
28.32

Parking & Garages

Garage Type
Other
Garage Spaces
0

Heating & Cooling

Heat Source
Wood
Heat Type
Other
Air Conditioning
Other
Water
Well
Sewers
Septic

Bedrooms
4
Washrooms
3
Kitchens
2
Family / bonus room
Yes

Room sizes

  • Living Room20.7x16.2
    Main level
  • Bedroom10.5x10.5
    Second level
  • Bedroom 210.5x10
    Second level
  • Bedroom 310.3x9.9
    Second level
  • Primary Bedroom18.9x10.3
    Second level
  • Kitchen2.11x9.1
    Main level
  • Dining Room30.9x14.1
    Main level
  • Family Room23.9x15.4
    Main level
  • Bathroom—
    Main level
  • Bathroom2pce
    Main level
  • Bathroom—
    Second level
  • Kitchen13.6x10.2
    Second level

Washrooms

  • 2-piece, Main
  • 3-piece, Second

Municipality
Thunder Bay Remote Area
Neighbourhood
Strange
Main cross streets
CORNER OF HWY 593 AND HWY 588 ALSO ON CORNER OF CEDAR SITES ROAD AND HWY 588
Directions
CORNER OF HWY 593 AND HWY 588 ALSO ON CORNER OF CEDAR SITES ROAD AND HWY 588

MLS® number
X13258110
Data source
tbay
Status change
2025-12-23
Listed on
2025-09-02
Days on market
112 days
Co-op commission
2
Seller
Listed by
RE/MAX GENERATIONS REALTY

Home Market Value

Current home valuation for 3065 Hwy 588, Thunder Bay Remote Area, Strange, Thunder Bay Remote Area, ON. Listed for $699,900

HOMEH Estimate

?

$641,045

Estimated Sales Range

?

$384,627 - $897,463

HOMEH Estimate for 3065 Hwy 588, Thunder Bay Remote Area, Strange

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$641,045Low confidence
Based on 2 comparable properties
+ $58,855 (9%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Thunder Bay Remote Area, ON
Minimum Down Payment Required:6.4%

5% on first $500K + 10% on $199,900 over $500K

Minimum down payment

$44,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$26,176$19,527$16,658$0
=Total mortgage
$680,582$649,437$611,573$559,920
Amortization
Mortgage rate
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%
%
%
Payment frequency
=Mortgage payment
$3,323monthly$3,171monthly$2,986monthly$2,734monthly
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Land Transfer Tax

Provincial

$10,473

Total Land Transfer Tax

$10,473

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