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$1,599,900
Thunder Bay Remote Area
1 Palette, Thunder Bay Remote Area (TB-76), Ontario, P7A0Z7
This 3-bedroom, 3-bathroom home in Thunder Bay Remote Area is for sale. Its $1,599,900 asking price sits right in line with the $1,599,900 median in Thunder Bay Remote Area.
A true piece of Paradise awaits on Lake Superior. Enjoy the privacy and luxury of owning your own private island - Palette Island. Palette island has 3.94acres to enjoy, accessible by boat, plane, or helicopter, and are just a short boat ride from Amethyst Harbour and 30 minutes from downtown Thunder Bay. Palette Island is fully serviced with hydro, Wi-Fi, a septic system, water, security, and TV, offering a truly self-sufficient and simple living experience. The main house features 2 bedrooms, 2 bathrooms, and an open-concept kitchen, dining, and living room. Large windows capture stunning views, including the iconic Sleeping Giant and peninsula. The home boasts a wrap-around deck, hot tub, and a new dock, having been nicely updated throughout the years with new appliances and fresh paint inside and out. Outside, you'll find beautiful walking trails and a 2-car detached garage, which offers ample storage and space for tools that are included. Above the garage is a separate 1-bedroom guest loft complete with its own kitchen, living room, and 3pc bath. The package includes most items, such as a newly purchased boat and ATV. While the property offers ultimate privacy, you also have the option of enjoying all the festivities and amenities that Amethyst Harbour has to offer, like a sports camp, tennis/pickleball courts, and biking and hiking trails. With Palette Island, you get the best of both worlds. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 202 days on market, against an average age of 183 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 99.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 3-bed single family in Thunder Bay Remote Area (TB-76) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,599,900, about 20.4× the local median household income of $78,500.
Carrying it typically needs a household income of about $312,516 (20% down, 25-yr amortization, stress-tested) — roughly 298% above the area median.
Source: Statistics Canada, 2021 Census (FSA P7A)
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Loading rates, 30-yr amortization
Cash Needed to Close
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