Sold for:Sold Apr 11, 2025
$549,900

478 Silver Falls Road

Thunder Bay Remote Area (Ware), ON P0T 1X0

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 478 Silver Falls Road, Thunder Bay Remote Area, Ware

2025-02-06
2025-04-11
Sold
Price
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MLS#
x13252286

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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 478 Silver Falls Road, Thunder Bay Remote Area, Ware

Summarized Description

  • Spacious 6.7 acres of private land.
  • Rustic elegance with handcrafted woodwork.
  • Two unique loft bedrooms enhance charm.
  • Separate workshop ideal for guests or rentals.
  • Vaulted ceilings and cozy woodstove add warmth.
  • Future expansion potential with undeveloped basement.
  • Access to nearby Dog River for recreation.
  • Well maintained home with versatile layout.

Take in nature. A rare find for those seeking tranquility, space and versability. Nestled on 6.7 acres of pristine, private land, this well maintained 4-bedroom, 1 bath home offers 1,685 sq ft of rustic elegance with a full undeveloped basement for future expansion. Featuring vaulted ceilings in the living room, hydronic heat, a cozy woodstove, and stunning handcrafted woodwork throughout this cedar-clad home has warmth and character. Two loft bedrooms add a unique touch with a cabin/chalet style feel. The property also includes a separate, fully equipped home/workshop with its own kitchen, bath loft bedroom, heating, plumbing and wiring - Ideal for in-laws, guests or a short/long term rental opportunity. With access to Dog River across the road, this home is ideally for those who appreciate fishing and recreation.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$1,448
Land Transfer Tax Fee
$7,473

Basement Type
Unfinished, Full

Interior Features

Interior Extras
Central Vacuum, Other
Fireplace/Stove
No
Fireplace Features
Wood, Fireplace Insert
Elevator
No

Exterior Features

Exterior Extras
Deck
Pool
None

Building

Building Type
Detached
Building Style
2-Storey

Construction

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

Lot

Lot Front
400.00 ft
Lot Shape
Irregular

Inclusions

Inclusions
Fridge, stove, washer and dryer.

Parking & Garages

Garage Type
None
Garage Spaces
0

Heating & Cooling

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

Bedrooms
4
Washrooms
2
Kitchens
1

Room sizes

  • Living Room24.7 X 18.7
    Main level
  • Primary Bedroom13.8 X 10.4
    Main level
  • Kitchen11.8 X 13.10
    Main level
  • Bedroom 210.9 X 11.10
    Main level
  • Bathroom4 piece
    Main level
  • Bathroom—
    Second level
  • Bedroom 411.9 X 11.0
    Second level

Washrooms

  • 4-piece, Main
  • —-piece, Second

Municipality
Thunder Bay Remote Area
Neighbourhood
Ware
Main cross streets
HIGHWAY 102 WEST TO SILVER FALLS RD - 4.5KM DOWN SILVER FALLS RD
Directions
HIGHWAY 102 WEST TO SILVER FALLS RD - 4.5KM DOWN SILVER FALLS RD

MLS® number
X13252286
Data source
tbay
Status change
2025-04-11
Listed on
2025-02-06
Days on market
64 days
Co-op commission
2.0
Seller
Listed by
RE/MAX GENERATIONS REALTY

Home Market Value

Current home valuation for 478 Silver Falls Road, Thunder Bay Remote Area, Ware, Thunder Bay Remote Area, ON. Listed for $549,900

HOMEH Estimate

?

$541,477

Estimated Sales Range

?

$427,120 - $655,834

HOMEH Estimate for 478 Silver Falls Road, Thunder Bay Remote Area, Ware

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

$541,477Medium confidence
Based on 8 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Thunder Bay Remote Area, ON
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
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$20,786$15,342$13,088$0
=Total mortgage
$540,441$510,252$480,503$439,920
Amortization
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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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