
477 Hwy 586
Thunder Bay (East End), ON P0T 2T0
- 2+2Bedrooms
- 3Bathrooms
- 0Garage
- 3000–3500Sq Ft
- $2,852Tax
- 99×300 ftLot Size
- Estimated Value:$910,000See Free Estimate Report

Sale & Price History for 477 Hwy 586, Thunder Bay, East End
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 477 Hwy 586, Thunder Bay, East End
Summarized Description
- Stunning waterfront home on Lake Shebandowan
- Rustic charm with modern conveniences
- Private dock for lakeside relaxation
- Luxurious primary suite with ensuite
- Indoor cedar sauna for ultimate relaxation
- Radiant heating for year-round comfort
- Spacious lower level with family room
- High-quality finishes throughout the home
Visit the REALTOR website for further information about this Listing. Stunning Waterfront Retreat on Lake Shebandowan. Experience the ultimate in lakeside living with this breathtaking year-round home on the serene shores of Lake Shebandowan. Designed for comfort, style, and relaxation, this property seamlessly blends rustic charm with modern conveniences. Featuring real log siding, soaring vaulted ceilings finished with knotty pine, and a cozy propane fireplace in the great hall, this home exudes warmth and character. Enjoy unparalleled outdoor living with a wrap-around main floor deck that offers stunning lake views, a lower-level stone patio perfect for entertaining, and a private 40-foot dock where you can soak in the tranquility of the water. The main floor boasts two spacious bedrooms, including a luxurious primary suite with an ensuite bathroom and a generous walk-in closet. The modern kitchen is a chef's dream, complete with custom cabinetry, new stainless-steel appliances, and high-end finishes that make every meal a delight. The fully finished lower level provides additional living space with a walkout to the stone patio, a large family room, and additional bedrooms. Indulge in ultimate relaxation with an indoor cedar sauna featuring pine benches, adjacent to a shower room finished with sleek porcelain tile. The home is designed for year-round comfort, offering radiant in-floor heating, a forced air furnace, and an air-tight wood fireplace to keep you warm during the colder months. High-quality finishes such as Brazilian teak hardwood flooring, solid pine interior doors, and ceramic tile accents throughout add to the home's appeal. A 22kW automatic backup generator ensures uninterrupted power, providing peace of mind no matter the season. This waterfront paradise is more than just a home - it's a retreat where you can enjoy peaceful mornings by the lake, cozy evenings by the fire, and a lifestyle that embraces nature.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,852
- Land Transfer Tax Fee
- $15,455
- Basement Type
- Finished with Walk-Out, Separate Entrance
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- Air Exchanger, Carpet Free, ERV/HRV, Floor Drain, Primary Bedroom - Main Floor, Propane Tank, Sauna, Separate Heating Controls, Sump Pump, Water Heater Owned
- View
- Lake, River
- Security Features
- Carbon Monoxide Detectors, Smoke Detector
- Fireplace/Stove
- Yes
- Fireplace Features
- Natural Gas, Wood, Wood Stove
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck, Landscaped
- Pool
- None
- Property Features
- Clear View, Lake Access, Lake/Pond, Rec./Commun.Centre, Waterfront
Building
- Building Type
- Rural Residential
- Building Style
- 2-Storey
- Approx Age
- 6-15
Construction
- Exterior Finish
- Log, Wood
- Roof
- Metal
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 99.00 ft
- Lot Depth
- 300.00 ft
Inclusions
- Inclusions
- New appliances
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 6
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Radiant
- Air Conditioning
- Central Air
- Water
- Well
- Sewers
- Septic
- Natural Gas
- No
- Hydro
- Yes
- Cable
- No
- Telephone
- Available
- Bedrooms
- 2 + 2
- Washrooms
- 3
- Kitchens
- 2
Room sizes
- Common Room—Basement level
- Kitchen—Ground level
- Breakfast—Ground level
- Primary Bedroom—Ground level
- Bedroom 2—Ground level
- Laundry—Ground level
- Bedroom 3—Basement level
- Bathroom—Ground level
- Foyer—Ground level
- Bathroom—Ground level
- Great Room—Ground level
- Bedroom 4—Basement level
Washrooms
- 3-piece, Ground
- 2-piece, Basement
- Municipality
- Thunder Bay
- Neighbourhood
- East End
- Main cross streets
- West HWy 11
- Zoning
- RU
- Directions
- West HWy 11
- Waterfront
- Direct
- MLS® number
- X13841962
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-09-29
- Updated on
- 2026-09-30
- Days on market
- 16 days
- Possession type
- Immediate
- Co-op commission
- Seller will negotiate; $2 Listing Brokerage
- Seller
- Listed by
- EASY LIST REALTY LTD.
Home Market Value
Current home valuation for 477 Hwy 586, Thunder Bay, East End, Thunder Bay, ON. Listed for $949,000
HOMEH Estimate
$910,000
Estimated Sales Range
$546,000 - $1,274,000
HOMEH Estimate for 477 Hwy 586, Thunder Bay, East End
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $449,000 over $500K
$69,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $35,151 | $26,477 | $22,586 | $0 |
=Total mortgage | $913,925 | $880,577 | $829,236 | $759,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,462monthly | $4,299monthly | $4,049monthly | $3,707monthly |
Land Transfer Tax
$15,455
$15,455
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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