Sold for:Sold Jun 24, 2025
$524,900

493 Niemi Road

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

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

This home has sold. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for 493 Niemi Road, Thunder Bay Remote Area, Ware

2025-06-02
2025-06-24
Sold
Price
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MLS#
x13255526

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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 493 Niemi Road, Thunder Bay Remote Area, Ware

Summarized Description

  • Charming 2-bedroom, 2-bathroom bungalow.
  • Located on a unique 118-acre property.
  • Features energy-efficient, open-concept layout.
  • Includes vaulted ceilings and passive solar heating.
  • Walk-out basement and 5-acre pasture available.
  • Comes with chicken coop and 30' x 20' barn.
  • Insulated garage with mancave/workout room.
  • Perfect for homesteaders seeking rural living.

Calling all homesteaders: This charming 2-bedroom, 2-bathroom bungalow sits on a stunning 118-acre property just 25 minutes from town in the quiet, peaceful and friendly community of Kaministiquia, Ontario. Built with locally milled red pine, the home features an open-concept, energy-efficient layout with vaulted ceilings, passive solar heating, and low hydro costs, supplemented by wood heat. Over 2,200 sq. ft. of total living space and a walk-out basement. The homestead includes a 5-acre pasture, chicken coop, 30' x 20' barn, and an insulated, heated 2-car garage with a mancave/workout room. Additional updates include a drilled well with new pump and wiring, plus brand-new shingles, a perfect find for those seeking rural living and sustainability.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$1,500
Land Transfer Tax Fee
$6,973

Basement Type
Full, Partially Finished

Interior Features

Laundry Features
Ensuite
Interior Extras
Storage, Generator - Full, Other
Fireplace/Stove
No
Fireplace Features
Wood
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Bungalow

Construction

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

Lot

Lot Front
2572.00 ft
Lot Size
118
Lot Shape
Irregular

Inclusions

Inclusions
Fridge, Stove, Washer, Dryer, Freezer, D/S Fridge

Exclusions

Exclusions
Bedroom Shelving

Parking & Garages

Garage Type
Other
Garage Spaces
0

Heating & Cooling

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

Bedrooms
1 + 1
Washrooms
2
Kitchens
1

Room sizes

  • Living Room27.7x17.1
    Main level
  • Other13.11x12.11
    Basement level
  • Bathroom3Piece
    Basement level
  • Laundry10.9x5.7
    Basement level
  • Other13.3x7.10
    Basement level
  • Primary Bedroom14.4x11.9
    Main level
  • Kitchen13.10x8.2
    Main level
  • Other12.9x9.8
    Main level
  • Dining Room12.6x12.1
    Main level
  • Bathroom—
    Main level
  • Bedroom 212.4x10.8
    Basement level
  • Sunroom—
    Basement level
  • Recreation29.7x19.7
    Basement level

Washrooms

  • 3-piece, Basement
  • 3-piece, Main

Municipality
Thunder Bay Remote Area
Neighbourhood
Ware
Main cross streets
HWY 102 WEST TO HILL RD, NORTH ON HILL RD TO NIEMI RD, CORNER OF HILL AND NIEMI
Directions
HWY 102 WEST TO HILL RD, NORTH ON HILL RD TO NIEMI RD, CORNER OF HILL AND NIEMI

MLS® number
X13255526
Data source
tbay
Status change
2025-06-24
Listed on
2025-06-02
Days on market
22 days
Possession type
30-59 days
Co-op commission
2
Seller
Listed by
RE/MAX GENERATIONS REALTY

Home Market Value

Current home valuation for 493 Niemi Road, Thunder Bay Remote Area, Ware, Thunder Bay Remote Area, ON. Listed for $524,900

HOMEH Estimate

?

$433,110

Estimated Sales Range

?

$342,108 - $524,112

HOMEH Estimate for 493 Niemi Road, Thunder Bay Remote Area, Ware

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

$433,110Medium confidence
Based on 5 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

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Thunder Bay Remote Area, ON
Minimum Down Payment Required:5.2%

5% on first $500K + 10% on $24,900 over $500K

Minimum down payment

$27,490

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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%
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+CMHC insurance
$19,883$14,645$12,493$0
=Total mortgage
$516,963$487,055$458,658$419,920
Amortization
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Payment frequency
=Mortgage payment
$2,524monthly$2,378monthly$2,239monthly$2,050monthly
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Land Transfer Tax

Provincial

$6,973

Total Land Transfer Tax

$6,973

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