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For Sale · Thunder Bay

$1,599,900

1 Palette IS, Thunder Bay

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Bedrooms

Bathrooms

1,771

Size

1993

Year built

About This Home

The details.

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...

Summarizing the highlights...

MLS® TB2600724Listing courtesy of ROYAL LEPAGE LANNON REALTYView on map

Property Details

Facts & features.

Property type: Single Family
Year built: 1993
Size: 1,771 sqft
Lot size: 3.94 acres
Storeys: 1.75
Listed on: 2026-04-16
Days on market: 91
MLS number: TB2600724
Data source: Thunder Bay Real Estate Board

Market intelligence

Statistics and history.

Days on market

Thunder Bay median asking

$450K

91 active listings

Price per sqft

$903

Based on 1,771 sqft interior

Where this price sits in Thunder Bay

$200KThis listing$1.2M

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this homeComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

July Value

What this home is worth.

Calculating a July Value estimate...

Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization25 yr

Monthly mortgage payment

$7,482

$1,279,920 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$7,482

Cash flow

-$7,482

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Thunder Bay right now

Active listings

New this week

$449,800

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Thunder Bay.

Household and demographic stats for Thunder Bay, from the Statistics Canada 2021 Census.

108,843
Population (2021): 44
Median age: 48,405
Households: 2.2
Avg household size: 67.7%
Home ownership: $77,500
Median household income

Thunder Bay market trends

Source: Statistics Canada 2021 Census, Thunder Bay, City, Ontario.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.