Lot 5 Thompson Island

$525,000, 3 Beds 1 Bath 1,198 Sqft

New Price

About This Property

Charming Twin-Cottage Retreat on Thompson Island – Lake of the Woods

Escape to your water accessible private haven. This rare opportunity includes two seasonal cottages on beautiful Thompson Island, just a short 10–15 minute boat ride from multiple nearby marinas on Lake of the Woods.

Set on a .97-acre lot with 215 feet of prime western-exposure shoreline, the property offers stunning sunsets, deep water frontage, and a gently sloping landscape that makes access to the lake effortless.

The main cottage, built in 1978, offers approximately 1,198 square feet of comfortable living space. Inside, you’ll find three bedrooms and a full four-piece bathroom, making it ideal for family getaways or hosting guests. The interior features hardwood floors throughout and a fireplace that adds warmth and charm. The cottage is equipped with baseboard heating and a 200 amp hydro-electric service, ensuring reliable and efficient comfort throughout the season.

The guest cabin, built in 1982, offers an additional 528 square feet of cozy living space. It features an open layout with a wood stove and baseboard heat, and is insulated for winter use, though it does not have running water during the winter months. Accessible via the winter ice road, it serves as a great year-round retreat or overflow space for guests.

Additional highlights include a crib dock at the water’s edge, ideal for swimming, fishing, or docking your boat, as well as a 15’ x 13’ screened room attached to the main cottage—perfect for enjoying lake breezes and those memorable LOTW sunsets. Both buildings are set on post-on-pad foundations for low-maintenance upkeep.

Whether you’re looking for a family escape, an investment property, or a peaceful island getaway, this Thompson Island gem is a must-see.

Essential Information

MLS® #TB251536
Price$525,000
File Number4679
Year Built1978
TypeRecreational
StatusActive

Community Information

AddressLot 5 Thompson Island
CityKenora Unorganized
ProvinceOntario

Features & Amenities

FeaturesFamily Room, Fireplace, Furnished, Hardwood Floors, Living Room, Refrigerator, 200 Amp Hydro , Deck, Deep Water Frontage, Dock, Electric Baseboard Heat, Excellent Cell Service, Fireplace, Guest Cottage, High-speed Internet, Lake-drawn water, Screened Room

Interior

Bedrooms3
Bathrooms1
Square Footage1198
Stories1

Exterior

Lot Size.97 acres
Frontage215 Feet
Lot NumberLot 5
ViewWest Exposure
Lot ShapeRegular

Additional Information

LakeLake of the Woods
Property Tax$1,501.47 in 2024
ZoningUnorganized Territory
Title HeldFreehold
AccessWater/Ice road
ConstructionWood
RoofAshphalt Shingles
SidingWood
Water SupplyLake drawn jet water pump
HeatingElectric Baseboard and Woodstove
Living Room23 x 19
Kitchen8 x 18
Master Bedroom12 x 11
Bedroom 29 x 9
Bedroom 314 x 8

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