Gurvinder Nokwal REALTOR®
For Sale Rural Residential 19 days on market

$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
Map

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

Room Level Dimensions
Common Room Basement 23′ 0″ × 29′ 6″
Kitchen Ground 13′ 1″ × 9′ 10″
Breakfast Ground 8′ 2″ × 8′ 2″
Primary Bedroom Ground 13′ 1″ × 13′ 1″
Bedroom 2 Ground 13′ 1″ × 13′ 1″
Laundry Ground 9′ 10″ × 9′ 10″
Bedroom 3 Basement 13′ 1″ × 13′ 1″
Bathroom Ground 9′ 10″ × 4′ 11″
Foyer Ground 6′ 7″ × 4′ 11″
Bathroom Ground 9′ 10″ × 4′ 11″
Great Room Ground 16′ 5″ × 19′ 8″
Bedroom 4 Basement 13′ 1″ × 13′ 1″

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

Minimum for this price: $69,900 (7.37%)

Amortization, years

Estimated mortgage payment

$4,202 per month

Principal and interest
$4,202
Property tax
$238
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
Total, before legal fees
$205,255
Talk to me about financing

Estimates 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

477 HWY 586, Thunder Bay, ON P0T 2T0 Thunder Bay, ON P0T 2T0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$949,000 477 HWY 586, Thunder Bay, ON P0T 2T0
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