Sold for:Sold Apr 2, 2026
$549,900

475 Hwy 586

Thunder Bay Remote Area, ON P0T 2T0

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 475 Hwy 586, Thunder Bay Remote Area

2026-03-27
2026-04-02
Sold
Price
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MLS#
x13250306

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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 475 Hwy 586, Thunder Bay Remote Area

Summarized Description

  • Waterfront property on Shebandowan Lake.
  • Private dock for swimming and boating.
  • Stunning elevated views of the lake.
  • Wrap-around deck ideal for entertaining.
  • 1-acre lot with easy water access.
  • Turnkey home with most contents included.
  • Vaulted ceilings enhance spaciousness.
  • Bright dining area for family gatherings.

Waterfront Opportunity on Shelter Bay on Shebandowan Lake. Enjoy stunning elevated views on sought-after Shelter Bay of Shebandowan Lake. This 4-bedroom, 1-bathroom property sits on a 1-acre lot with easy water access, a grass driveway to the lake, and a private dock system perfect for swimming and boating. Featuring vaulted ceilings, a bright dining area, and a wrap-around deck overlooking the lake, this home is ideal for relaxing and entertaining. Most contents included for a turnkey lakefront escape.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$1,194
Land Transfer Tax Fee
$7,473

Basement Type
Other

Interior Features

Interior Extras
Other
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
1 1/2 Storey

Construction

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

Lot

Lot Front
99.00 ft
Lot Size
1

Inclusions

Inclusions
MOST FURNISHINGS - SOME ITEMS EXCLUDED.

Parking & Garages

Garage Type
None
Garage Spaces
0

Heating & Cooling

Air Conditioning
Other
Water
Other
Sewers
Septic

Bedrooms
4
Washrooms
1
Kitchens
1

Room sizes

  • Living Room15X14
    Main level
  • Primary Bedroom9.6X8.6
    Main level
  • Kitchen14X12
    Main level
  • Bedroom 28.6X8
    Main level
  • Bedroom 318.8X8
    Second level
  • Bedroom 4—
    Second level
  • Bathroom3 PC
    Main level

Washrooms

  • 3-piece, Main

Municipality
Thunder Bay Remote Area
Main cross streets
hwy 11 then west on 586
Directions
hwy 11 then west on 586

MLS® number
X13250306
Data source
tbay
Status change
2026-04-02
Listed on
2026-03-27
Days on market
6 days
Co-op commission
2
Seller
Listed by
Royal LePage Lannon Realty

Home Market Value

Current home valuation for 475 Hwy 586, Thunder Bay Remote Area, , . Listed for $549,900

HOMEH Estimate

?

$481,630

Estimated Sales Range

?

$337,141 - $626,119

HOMEH Estimate for 475 Hwy 586, Thunder Bay Remote Area

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

$481,630Low confidence
Based on 3 comparable properties
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

$
Minimum Down Payment Required:5.5%

5% on first $500K + 10% on $49,900 over $500K

Minimum down payment

$29,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$20,786$15,342$13,088$0
=Total mortgage
$540,441$510,252$480,503$439,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,639monthly$2,491monthly$2,346monthly$2,148monthly
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Land Transfer Tax

Provincial

$7,473

Total Land Transfer Tax

$7,473

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