Welcome to this remarkable investment located in the coveted neighborhood of Mountain Road. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,249,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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.
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This investment located at 1331 Mountain Road, Thunder Bay is currently for sale and has been available on SousaSells for 80 days. This property is listed at $1,249,900 with an estimated mortgage of $4,160* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 1331 Mountain Road, Thunder Bay is in the Mountain Road neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Mountain Road, Thunder Bay.
First-time home buyers, professionals, or investors seeking value.
None listed
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The current listing price for 1331 Mountain Road, Thunder Bay, ON in Mountain Road, Thunder Bay is $1,249,900.
This property features null bedrooms and null bathrooms.
1331 Mountain Road, Thunder Bay, ON is a Investment () featuring a basement.
Community features and nearby amenities include: Major Highway, Skiing.
Security features include: No.
Heating is provided via Gas and cooling via Yes.
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Mountain Road, Thunder Bay
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1331 Mountain Road, Thunder Bay, ON P7J 1C3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Thunder Bay.
About Purchasing a Home in Thunder Bay, ON
For a property listed at $1,249,900 in Thunder Bay, the legal minimum down payment is $249,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $21,473 for this transaction. As this listing is in Thunder Bay (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $21,473.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Mountain Road, Thunder Bay.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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