1594 Lakeshore Drive, Shuniah, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Shuniah. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,950,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 1300 x 865 ft lot size
- Convenient outside/surface garage included
- equipped with no central cooling and highly efficient other heating
Description
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.
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Property Summary
This commercial retail located at 1594 Lakeshore Drive, Shuniah is currently for sale and has been available on zoozaa for 59 days. This property is listed at $2,950,000 with an estimated mortgage of $9,819* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 1594 Lakeshore Drive, Shuniah
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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 Shuniah.
- •Desirable Commercial Retail architecture in Shuniah
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- No
Community Features
None listed
Frequently Asked Questions about 1594 Lakeshore Drive, Shuniah, ON
Q.What is the asking price for 1594 Lakeshore Drive, Shuniah, ON ?
The current listing price for 1594 Lakeshore Drive, Shuniah, ON in Shuniah is $2,950,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 1594 Lakeshore Drive, Shuniah, ON ?
1594 Lakeshore Drive, Shuniah, ON is a Commercial Retail () featuring a basement.
Q.What security features are installed at 1594 Lakeshore Drive, Shuniah, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via No.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Shuniah, Shuniah
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 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.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1594 Lakeshore Drive N, Shuniah, ON P7A 0S9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Shuniah, ON
For a property listed at $2,950,000 in Shuniah, the legal minimum down payment is $590,000 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 $60,225 for this transaction. As this listing is in Shuniah (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $60,225.
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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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