For saleMLS® X13531234

1594 Lakeshore Drive N, Shuniah, ON P7A 0S9

Shuniah · Near MCKENZIE DRIVE · View map

$2,950,000
5500Sq ft
InvestmentType
Outside/SurfaceGarage
NoneParking
$20,993/yrTaxes
$2,950,000
FreeholdNo monthly condo fee
Outside/Surface garageFrom the listing
Lot 1300 x 865 ftThe land comes with the home

About this home

NEW PRICE for property with exceptional Income returns. Mobile Home Park Near Lake Superior on approximately 20 acres, located just 10 minutes east of Thunder Bay along Lakeshore Drive. The 58 unit property includes 49 mobile sites and 9 residential units, delivering strong and diversified cash flow. Family-owned since 1997, the park has undergone updates, service improvements and renovations over several years, resulting in a notable increase in gross rental income, currently estimated at $410,000 annually. Ideally situated near Lake Superior, Amethyst Harbour, and Wild Goose Beach, the setting offers long-term tenant appeal. Dual zoning (Mobile Home Residential & Highway Commercial) provides added flexibility and future development potential. Turnkey asset with stable income and upside.

The home

Type
Investment
Square footage
5500 sq ft
Lot size
1300 x 865 ft
Approximate age
31-50 years

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Garage & parking

Garage
Outside/Surface
Total parking
None

Taxes & other

Property taxes
$20,993/yr
Tax year
2025
Occupancy
Tenant
Possession
Flexible
Cross street
MCKENZIE DRIVE

More

MLS® number
X13531234

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$13,649per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    1594 Lakeshore Drive, Shuniah, ON P7A 0S9

    Shuniah · Near MCKENZIE DRIVE

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    Sold history

    Listing history for 1594 Lakeshore Drive

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 1594 Lakeshore Drive N

    Answers come straight from this home’s MLS® listing.

    How much is 1594 Lakeshore Drive N listed for, and what would it cost each month?

    1594 Lakeshore Drive N is listed for $2,950,000. With 20% down ($590,000), the mortgage payment would be roughly $11,899 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $13,649 a month, all in. That figure is an illustration, not a quote.

    Is 1594 Lakeshore Drive N freehold or a condo, and is there a monthly fee?

    1594 Lakeshore Drive N is a investment in Shuniah. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 1594 Lakeshore Drive N have a garage and parking?

    Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.

    What style of home is 1594 Lakeshore Drive N?

    1594 Lakeshore Drive N is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 1594 Lakeshore Drive N, and what is the lot size?

    The lot is listed as 1300 x 865 ft.

    What are the property taxes for 1594 Lakeshore Drive N?

    Property taxes are $20,993 a year (2025), or about $1,749 a month.

    Where is 1594 Lakeshore Drive N?

    1594 Lakeshore Drive N is in Shuniah. The nearest main intersection is MCKENZIE DRIVE. The postal code is P7A 0S9.

    Is 1594 Lakeshore Drive N still for sale?

    Yes. It is an active listing (MLS® X13531234). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 1594 Lakeshore Drive N asking?

    Similar properties for sale nearby right now include 1594 Lakeshore Drive N at $2,950,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 1594 Lakeshore Drive sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 1594 Lakeshore Drive N?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

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    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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