$949,000
Est. payment $4,202/moCalculate yours
477 HWY 586, Thunder Bay, ON P0T 2T0
Thunder Bay, ON P0T 2T0
- 2 + 2 Beds
- 3 Baths
- 3,000 Sq Ft
Listing courtesy of EASY LIST REALTY LTD. MLS® X13841962
About this 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.
Property details
Overview
- Property Type
- Rural Residential
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 6-15
- Size
- 3,000 sqft
Interior
- Bedrooms
- 2 + 2
- Bathrooms
- 3
- Kitchens
- 2
- Basement
- Finished with Walk-Out, Separate Entrance
Building & Systems
- Heating
- Radiant (Gas)
- Cooling
- Central Air
- Exterior
- Log, Wood
- Foundation
- Poured Concrete
- Roof
- Metal
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 99 x 300 Feet
- Parking
- None garage · 6 total
- Zoning
- RU
Financial
- Property Taxes
- $2,852 (2026)
Location
- Cross Street
- West HWy 11
- Direction Faces
- South
Listing
- MLS® Number
- X13841962
- Days on Market
- 19
- Listed On
- 2026-09-29
- Possession
- Immediate
- Listed By
- EASY LIST REALTY LTD.
Rooms
Features
Interior
- Air Exchanger
- Carpet Free
- ERV/HRV
- Floor Drain
- Primary Bedroom - Main Floor
- Propane Tank
- Sauna
- Separate Heating Controls
- Sump Pump
- Water Heater Owned
Property
- Clear View
- Lake Access
- Lake/Pond
- Rec./Commun.Centre
- Waterfront
Pool
- None
- Included
- New appliances
Mortgage calculator
Estimated mortgage payment
$4,202 per month
- Principal and interest
- $4,202
- Property tax
- $238
- Condo fees
- $0
- Estimated monthly cost
- $4,440
Your mortgage
- Mortgage amount
- $759,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $501,390
Cash to close
- Down payment
- $189,800
- Land transfer tax
- $15,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $205,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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