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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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477 HWY 586 Thunder Bay
For SaleThunder Bay

477 HWY 586 Thunder Bay, Rural Residential for Sale

MLS® X13841962

Thunder Bay, ON

39 days on market
$949,000
Show on Map
Show on Map
4Beds
3Baths
3,250Sqft
6Parking
Rural Residential

Overview· 477 HWY 586 Thunder Bay

MLS® #X13841962

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.

Inclusions

New appliances

Broker

EASY LIST REALTY LTD.

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Walk Score®87Very WalkableVery Walkable
Transit Score®50Good TransitGood Transit
Bike Score®82Very BikeableVery Bikeable
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Highlights & Amenities· 477 HWY 586 Thunder Bay

Source: MLS® listing data
477 HWY 586 Thunder Bay

Rural Residential

477 HWY 586 Thunder Bay

Thunder Bay

Built

6-15

Type

Rural Residential

Basement

Finished with Walk-Out, Separate Entrance

Parking

None (6)

Property Tax

~$2,852/yr

Heating

Radiant

Buying Essentials

Square Feet

3250 sqft

Facing Direction

South

Parking

None (6)

Finances

List Price

$949,000

Price per SQFT

$292/sqft

Property Tax

~$2,852/yr

Property Specs

Property Type

Rural Residential

MLS Size

3250 sqft

Age of Building

6-15

Basement

Finished with Walk-Out, Separate Entrance

Living & Amenities

Heating Type

Radiant

Features

Air Exchanger · Carpet Free · ERV/HRV · Floor Drain · Primary Bedroom - Main Floor · Propane Tank · Sauna · Separate Heating Controls · Sump Pump · Water Heater Owned

Policies & Utilities

Neighbourhood

Thunder Bay

Listed On

Sep 29, 2026

Clear View

Lake Access

Lake/Pond

Rec./Commun.Centre

Waterfront

Price & Listing History

Days on Market

Current: 39 days

0306090120+

Rooms

Primary Bedroom(Ground)

13.1 x 13.1

172 sqft

Bathroom(Ground)

9.8 x 4.9

48 sqft

Great Room(Ground)

16.4 x 19.7

323 sqft

Breakfast(Ground)

8.2 x 8.2

67 sqft

Kitchen(Ground)

13.1 x 9.8

129 sqft

Bedroom 2(Ground)

13.1 x 13.1

172 sqft

Foyer(Ground)

6.6 x 4.9

32 sqft

Laundry(Ground)

9.8 x 9.8

97 sqft

Bathroom(Ground)

9.8 x 4.9

48 sqft

Common Room(Basement)

23.0 x 29.5

678 sqft

Bedroom 3(Basement)

13.1 x 13.1

172 sqft

Bedroom 4(Basement)

13.1 x 13.1

172 sqft

RoomsDimensionsFeaturesSqft
Primary Bedroom(Ground)13.1 x 13.1—172
Bathroom(Ground)9.8 x 4.9—48
Great Room(Ground)16.4 x 19.7—323
Breakfast(Ground)8.2 x 8.2—67
Kitchen(Ground)13.1 x 9.8—129
Bedroom 2(Ground)13.1 x 13.1—172
Foyer(Ground)6.6 x 4.9—32
Laundry(Ground)9.8 x 9.8—97
Bathroom(Ground)9.8 x 4.9—48
Common Room(Basement)23.0 x 29.5—678
Bedroom 3(Basement)13.1 x 13.1—172
Bedroom 4(Basement)13.1 x 13.1—172

Rooms

12

Listed Room Area

2,110 sqft

Source

Estimated from MLS room dimensions

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$3,817/mo
Property Tax$238/mo
Total Monthly$4,055

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0