$585,000
For sale: Detached

This rustic timber framed 4 season home is only 20 km from Thunder Bay and is situated on Barnum Lake. Bosting over 350' of lake frontage, and a thriving walleye fishery this 2 bedroom home is kept toasty warm by a hydronic heating system and a masonry heater (with bread oven). You'll enjoy cooking in this spacious and well equiped Health Unit inspected (twice yearly) kitchen. As a condition of a food premises rating the well water is also tested twice a year. There is a rustic guest cabin which could easily be upgraded to bring additional rental revenue or add additional recreational space (20'x20'). Also included is a single detached garage. *For Additional Property Details Click The Brochure Icon Below*
Sold data
Detached homes in Thunder Bay Remote Area (Jacques) took a median of 24 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 69, across 55 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.
The median sale price was $399,900.
Homes sold for about 1.8% below asking on average, so there was room to negotiate.
About 36% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 55 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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