No photo
For Sale
$799,900
Mountain Road, Thunder Bay, ON P7J 1C3
From PropTx
$1,249,900
As listed by the seller and their brokerage. It is a request, not a valuation, and nothing tests it until an offer arrives.
From MyNest360
The tools we build on top of the listing, each figure sourced and none of it PropTx data: what the house really costs to hold, what it costs to borrow against, and the inspection to book before your conditions come off.
From PropTx
The price, facts, description and history exactly as the feed states them. Nothing in this section is our own estimate.
The listing does not state a bedroom count.
The listing does not state a bathroom count.
Counts and measurements as the listing states them, not verified by us. Source: PropTx
What comes from PropTx, and what is ours
The price, address, room and size figures, description and days on site are sourced from PropTx and can lag the live listing. The map placement and the cost, offer, insurance and rental tools below are our own work, not PropTx data. Anything we have modelled rather than sourced carries an Est. tag.
This listing's price and status history is available to members
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Prior asking prices, terminations and relists are licensed to registered members only. Nothing here should be read as evidence that the current price is the only price this house has been offered at: it is a limit on who we may show this to, not a finding about the listing.
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An exceptional opportunity awaits with this unique 9-room hotel situated on approximately 15 acres of land, offering significant potential for expansion, redevelopment, or reimagining into a thriving hospitality destination, ideally located on a main Rd with direct access and just minutes away from Hwy 61 and Trans Cananda Highway, the property benefits from high visibility, strong traffic exposure, and convenient accessibility---making it an ideal investment for developers, hoteliers, or entrepreneurs looking to tap into a growing market. While the existing hotel structure is in need of renovations, it presents a blank canvas to transform into a modern boutique inn, charming roadside motel, or a serene retreat catering to travelers, tourists, or long term guests. With zoning and space to expand the current setup to 15 rooms or more, the possibilities are vast. The expansive 15---acre lot opens up to even more opportunity for future development, whether it be additional accommodations recreational amenities, or even a commercial venture. this is more than a just a hotel---- it's a rare chance to invest in a substantial piece of land with unlimited upside, in a location that offers both exposure and access. If you're looking for a project with serious potential and long---term value, this property checks every box.
Written by the listing brokerage to sell the house. Nothing in it is verified, so take its claims about condition to an inspection, not from it.
1 years, from $9,808 in 2025 to $9,808 in 2025.
Neighbourhood market statistics is available to members
Sign in to see: this figure is available to registered members with a verified account.
Medians, sale-to-list ratios and absorption are computed from sold prices, and they are licensed to registered users only. There is no approximate version of a median that would be honest to show in their place.
Every home of this type in Thunder Bay that has sold in the last 3 years.
Contact details for the listing agent are not shown: our current listing agreement licences them to registered users only.
Sourced from: PropTx. Last updated Jun 15, 2026.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board or PropTx.
From MyNest360
None of this is PropTx data. Each figure is our own and carries its source: the true cost to own, the mortgage studio, the inspection plan, and the rest.
At 20% or more there is no CMHC premium.
20% down · 4.65% indicative 5-yr fixed · The number of years the whole balance is paid off over. A longer amortization lowers the monthly payment and raises the total interest.. $9,808 for 2025, from the tax figure stated on the listing, divided by twelve. That is what the current owner pays, as the listing states it. That twelfth is the annual amount levelled across the year and not a payment you will make on any date. How a municipality actually collects it is set out in documents nobody here has read.; heat and utilities estimated. Figures illustrative.
Compare lenders and private optionsIt asks one question first: whether someone is already acting for you. That answer changes who books the visit and who is on your side inside the house.
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Tara McCarthy
Broker, VP Ultra Luxury Division
Every question about this home reaches a licensed broker, not a form.
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Figures such as 4.79% sample rates and estimates are illustrative only. Verify all details with a licensed professional before making an offer.
The listing does not say whether there is a second dwelling unit here. Other records in this set state it either way, so this is a silence rather than a no.
Listed by ROYAL LEPAGE LANNON REALTY.
Listed by CENTURY 21 SUPERIOR REALTY INC..
Listed by CENTURY 21 SUPERIOR REALTY INC..
Listed by SIGNATURE NORTH REALTY INC..
Listed by RE/MAX GENERATIONS REALTY.
Listed by Royal LePage® Lannon Realty.
Two figures stand against this house for two different purposes, the asking price and the assessment, so they do not agree and were never meant to. The gap is worked out here rather than left for you to hold in your head.
Nothing of this kind on the record, and nothing here fills it in from an average of other houses.
The figure property tax is apportioned from, valued as of a date that is not today. It is not a market value and no lender treats it as one.
Listed by ROYAL LEPAGE LANNON REALTY.
None of these is an appraisal. Your lender orders one of those once an offer is accepted, and it is the figure that decides how much they will actually lend.
At 20% down and 4.65% fixed, the all-in monthly cost works out to $7,284. Every line, the pool and the well included, plus the first-year total, is on the full breakdown.
Listed by CENTURY 21 SUPERIOR REALTY INC..
Listed by CENTURY 21 SUPERIOR REALTY INC..
Listed by SIGNATURE NORTH REALTY INC..
Listed by RE/MAX GENERATIONS REALTY.
Listed by Royal LePage® Lannon Realty.