The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
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 self-sufficient and simple living experience. The main house features 2 bedrooms, 2 bathrooms, and an open-concept kitchen, dining, and living room. Large windows capture stunning views, including the iconic Sleeping Giant and peninsula. The home boasts a wrap-around deck, hot tub, and a new dock, having been nicely updated throughout the years with new appliances and fresh paint inside and out. Outside, you'll find beautiful walking trails and a 2-car detached garage, which offers ample storage and space for tools that are included. Above the garage is a separate 1-bedroom guest loft complete with its own kitchen, living room, and 3pc bath. The package includes most items, such as a newly purchased boat and ATV. While the property offers ultimate privacy, you also have the option of enjoying all the festivities and amenities that Amethyst Harbour has to offer, like a sports camp, tennis/pickleball courts, and biking and hiking trails. With Palette Island, you get the best of both worlds.
Property Details
Listing
MLS® number
X13245154
Status
For Sale
Listed
Apr 16, 2026
Last updated
Jul 9, 2026
Possession
Flexible
Building
Type
Detached
Style
Other
Approx. age
Not provided by brokerage
Approx. size
Not provided by brokerage
Basement
None
Lot
Frontage
Not provided by brokerage
Depth
Not provided by brokerage
Lot area
Not provided by brokerage
View
North
Community
Not provided by brokerage
Parking & utilities
Garage
Other, Garage, 0 spaces
Driveway
Other
Heating
Baseboard
Cooling
Other
Water / sewer
Not provided by brokerage
Taxes
Property tax
$4,819 / 2025
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
ROYAL LEPAGE LANNON REALTY
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 3
Bedrooms below grade: 0
Kitchens: 1 above grade
Basement: None
Heating: Baseboard
Cooling: Other
Fireplace: Yes
Fireplaces: 2
Exterior
Waterfront: Yes
Pool features: None
Cross street: BOAT ACCESS FROM AMETHYST HARBOUR - Area for parking that comes with the island.
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$6,387/mo
Mortgage (principal + interest)$5,985
Property taxFrom listing: $4,819/yr$402
Minimum 20% ($319,980 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$319,980
Ontario land transfer taxProvincial brackets, no first-time refund$28,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$351,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Thunder Bay Remote Area has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
