This beautiful "cozy cabin" 3-bedroom, 3-bathroom upper log home is perfectly nestled in a lush woodland which offers the perfect blend of rustic character, comfortable living, with convenient city access...all year long! Located within Thunder Bay city limits (city gas lines, not propane), this unique property provides the warmth and charm of a traditional log upper/lower framed home while keeping you close to everything the city has to offer. Step inside to find inviting fine wood finishes including the upper floor ceilings, gorgeous main floor hardwood floors, and a warm and welcoming atmosphere, with spacious living areas designed for both everyday living and entertaining. The home features comfortable bedrooms and bathrooms, providing plenty of space for a family, guests, including a home office. The natural character of the log construction creates that cozy cabin feel throughout, while the home's generous layout provides the functionality today's buyers are looking for.*Authentic log-home character *Located within Thunder Bay city limits *Spacious and inviting living areas *Warm wood finishes throughout *Ideal for families, outdoor enthusiasts, or anyone looking for a unique home with character *Convenient access to Thunder Bay amenities, schools, shopping, and services The home has been well maintained and includes several significant updates, including: Wired House for Generator (2005) Central Vac replaced (2008) Guest Bathroom Renovation (2010) Murphy Bed/cabinets (2012) Removed carpet upstairs living room, hall, bedrooms- replaced with " solid white oak (2012) New Well Pump (2012) Red Shed (2012) Steel roof (2014) Added sump pump in crawl space (2014) Replaced Well Pump added Torque arrestor (2015) Replaced Water Pressure Tank (2015)
3 bedrooms, 3 bathrooms, about 2,500 sq ft, works out to roughly $284 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.Ask Zara a follow-up
Inside 1284 Melbourne Rd
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2500-3000 sq ftas stated on the listing
Parking
12 spacesYes garage
Basement
Crawl Space
Features & systems
Parking & garage
Garage
Yes
Parking spaces
12
Interior
Basement
Crawl Space
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
1284 Melbourne Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13876122$709,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1284 Melbourne Rd Compares to the Thunder Bay Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,488
/mo
based on the purchase price of $709,900
$141,980 cash
$567,920 financed
$478,338 total interest
Principal54%$567,920
Interest46%$478,338
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from PropTx or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from PropTx or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from PropTx, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Thunder Bay
Other 3–5 bed homes for sale in Thunder Bay around $710K.
Average days on market25Homes sold in about 25 days on average.
Sale-to-list ratio106.4%On average, homes sold at or above asking.
Active listings185Homes for sale here right now.
Median vs prior 90 days+2.5%Compared with Apr 11 – Jul 10, 2026: prices up.
Based on 519 sales from Jul 10 – Oct 8, 2026 (275 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1284 Melbourne Rd
How much is 1284 Melbourne Rd listed for?
1284 Melbourne Rd is listed at $709,900 (MLS® X13876122). Summitly updates the price as soon as the MLS® record changes.
Is $709,900 a good price for 1284 Melbourne Rd?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Thunder Bay. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1284 Melbourne Rd changed?
No — 1284 Melbourne Rd is still listed at its original asking price of $709,900.
How many bedrooms and bathrooms does 1284 Melbourne Rd have?
1284 Melbourne Rd has 3 bedrooms and 3 bathrooms, with about 2,500–3,000 square feet of living space. It is a detached home in Thunder Bay.
How much would the monthly mortgage be on 1284 Melbourne Rd?
About $3,488 a month — principal and interest on $709,900 with 20% down ($141,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1284 Melbourne Rd compare with other homes in Thunder Bay?
Its asking price of $709,900 is about 73% above the median sold price in Thunder Bay over the last 90 days, $410,000, across 519 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1284 Melbourne Rd been sold before?
Summitly has no earlier MLS® sale or lease of 1284 Melbourne Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1284 Melbourne Rd?
1284 Melbourne Rd is in Thunder Bay, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1284 Melbourne Rd been on the market?
1284 Melbourne Rd was listed today (October 8, 2026).
What is the price per square foot of 1284 Melbourne Rd?
About $237 to $284 per square foot: the asking price of $709,900 over the 2,500–3,000 sq ft the listing gives as its size range.
Does 1284 Melbourne Rd have parking or a garage?
Yes — the listing gives 12 parking spaces. Garage: Yes.
Does 1284 Melbourne Rd have a basement, and is it finished?
The listing describes the basement as: Crawl Space.
