Sold for:Sold Sep 17, 2026
$475,000

388/342 Castor Island N

Thunder Bay Remote Area, ON P0T 2T0

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 388/342 Castor Island N, Thunder Bay Remote Area

2026-07-08
2026-09-17
Sold
Price
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MLS#
x13537530

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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 388/342 Castor Island N, Thunder Bay Remote Area

Summarized Description

  • Spacious 1.2 acre property on Castor Island
  • Includes two separate cottages for versatility
  • Main cottage features cathedral ceilings and 4 bedrooms
  • Cozy family room with wood burning stove
  • Hot tub and expansive decking for outdoor enjoyment
  • Stunning views of Shelter Bay and Southwest Bay
  • Second cottage offers open concept living with fireplace
  • All buildings equipped with durable metal roofs

DESIRABLE SHEBANDOWAN LAKE IS HOME TO THIS AMAZING 1.2 ACRE PROPERTY LOCATED ON CASTOR ISLAND. PROPERTY FEATURES 2 SEPARATE COTTAGES. A 2 STOREY 4 BEDROOM WITH CATHEDRAL CEILINGS. PINE KITCHEN CABINETS, OPEN TO DINING AREA. COZY FAMILY ROOM WITH WOOD BURNING STOVE. SURROUNDEDD BY DECKING ON BOTH LEVELS, INCUDING HOT TUB. TOWERING PINES, SAND BEACH AND STUNNING VIEW OF SHELTER BAY. 2ND COTTAGE OPEN CONCEPT WITH CATHEDRAL CEILIGS, WOOD FLOORS, FIREPLACE AND LARGE EXPANSE OF UPDATED WINDOWS WITH SHOWER AND LAUNDREY. VIEWS OF SOUTHWEST BAY. ALL BUILDINGS HAVE METAL ROOFS. HYDRO 200 AMP AND 160 AMP. EACH COTTAGE HAS A SEPARATE CHEMICAL TOILET.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,229
Land Transfer Tax Fee
$5,975

Rental Items

Rental Equipment
NONE

Basement Type
Other

Interior Features

Interior Extras
Other
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Exterior Extras
Deck, Hot Tub, Patio
Pool
None

Building

Building Type
Detached
Building Style
2-Storey

Construction

Exterior Finish
Wood
Roof
Metal
Foundation Details
Post & Pad
Special Designation
Other

Lot

Lot Front
198.00 ft
Lot Shape
Irregular

Inclusions

Inclusions
ALL CHATTLES ON SITE, EXCEPT WHICH SELLER WISHES TO TAKE BUYER TO ASSUME ALL CONTENTS LEFT ON CLOSING ALL IN AS IS CONDITION

Exclusions

Exclusions
NONE

Parking & Garages

Garage Type
None
Garage Spaces
0

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
Other
Water
Other
Sewers
Other

Bedrooms
4
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Living Room21.4x13.4
    Main level
  • Primary Bedroom8.9x13.4
    Second level
  • Kitchen8.11x8.1
    Second level
  • Bedroom 213.4x7
    Second level
  • Den13.4 X7.6
    Second level
  • Bedroom 311.8x7.3
    Main level
  • Dining Room15,1 X13.4
    Second level
  • Bedroom 411.8x7.3
    Main level

Municipality
Thunder Bay Remote Area
Main cross streets
DRIVE WEST ON HIGHWAY 11-17 TO SHABAQUA. TURN LEFT AT SHABAQUA AND FOLLOW TO YOU REACH HIGHWAY 586. CONTINUE TO GRANDPAS ROAD. TURN LEFT AT THE FIRST ROAD AND FOLLOW TO THE PUBLIC DOCK. PLEASSE LEAVE YOUR CAR AT THE BEGINNING OF THE ROAD AND WALK IN.
Directions
DRIVE WEST ON HIGHWAY 11-17 TO SHABAQUA. TURN LEFT AT SHABAQUA AND FOLLOW TO YOU REACH HIGHWAY 586. CONTINUE TO GRANDPAS ROAD. TURN LEFT AT THE FIRST ROAD AND FOLLOW TO THE PUBLIC DOCK. PLEASSE LEAVE YOUR CAR AT THE BEGINNING OF THE ROAD AND WALK IN.

MLS® number
X13537530
Data source
tbay
Status change
2026-09-17
Listed on
2026-07-08
Days on market
71 days
Possession type
Immediate
Co-op commission
2 + HST
Seller
Listed by
Royal LePage Lannon Realty

Home Market Value

Current home valuation for 388/342 Castor Island N, Thunder Bay Remote Area, , . Listed for $475,000

HOMEH Estimate

?

$410,500

Estimated Sales Range

?

$324,461 - $496,539

HOMEH Estimate for 388/342 Castor Island N, Thunder Bay Remote Area

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

$410,500High confidence
Based on 4 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Minimum down payment

$23,750

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$18,050$13,253$11,305$0
=Total mortgage
$469,300$440,753$415,055$380,000
Amortization
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=Mortgage payment
$2,291monthly$2,152monthly$2,027monthly$1,855monthly
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Land Transfer Tax

Provincial

$5,975

Total Land Transfer Tax

$5,975

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