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Commercial Property in Oliver Paipoonge
About 38 Haniak Road
Long-Term NNN Industrial Sale-Leaseback Investment. 38,201 SF Freestanding Industrial Facility (Approx. 2,737 SF Office & 35,464 SF Industrial) On Approx. 18.45 Acres In Rosslyn (Oliver Paipoonge), Minutes West Of Thunder Bay With Quick Access To Hwy 130 And The Trans-Canada Highway (Hwy 11/17). A Well-Established Industrial Tenant With A 49+ Year Track Record Will Sign A New 10-Year Triple Net Lease On Closing At $12.00/SF In Year 1 With 2.5% Annual Escalations (Approx. $458,412 Year-1 Net Rent - 8.49% Going-In Cap Rate At List Price). Steel Frame Construction, 26 Ft Clear Height, 14 Grade-Level Doors, Crane-Served Bays, Gas Forced Air Heat. Originally Built 1974 With Expansions Through 2022. Zoned PM1 (Paipoonge Light Industrial). Large Yard With Outside Storage. Services: Hydro, Drilled Well, Septic, Natural Gas, Telephone & High-Speed Internet. Thunder Bay Is The Main Service Hub For Northwestern Ontario And The Gateway To The Ring Of Fire Mineral Region. Ideal For REITs, Institutional And Private Investors Seeking Stable, Hands-Off Income.
Oliver Paipoonge investment priced at $5,400,000 — book a tour to see if it fits your search.
Inside 38 Haniak Rd
Every detail from the listing, in one place.
Type
Investment
Features & systems
Lot & land
Lot size (sqft)
18.45
Listing & possession
Property class
Investment
38 Haniak 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® X14122604$5,400,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 38 Haniak Rd Compares to the Oliver Paipoonge Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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 TRREB, 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.
Keep looking near 38 Haniak Rd
Homes for sale in Oliver Paipoonge
Every active Oliver Paipoonge MLS® listing, updated all day.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio108.6%On average, homes sold at or above asking.
Active listings7Homes for sale here right now.
Median vs prior 90 days+11.8%Compared with May 1 – Jul 30, 2026: prices up.
Based on 26 sales from Jul 30 – Oct 28, 2026 (14 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 38 Haniak Rd
How much is 38 Haniak Rd listed for?
38 Haniak Rd is listed at $5,400,000 (MLS® X14122604). Summitly updates the price as soon as the MLS® record changes.
Has the price of 38 Haniak Rd changed?
No — 38 Haniak Rd is still listed at its original asking price of $5,400,000.
How many bedrooms and bathrooms does 38 Haniak Rd have?
The listing for 38 Haniak Rd doesn't publish its bedroom and bathroom count. It is a commercial property in Oliver Paipoonge.
How does 38 Haniak Rd compare with other homes in Oliver Paipoonge?
Its asking price of $5,400,000 is about 811% above the median sold price in Oliver Paipoonge over the last 90 days, $592,450, across 26 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 38 Haniak Rd been sold before?
Summitly has no earlier MLS® sale or lease of 38 Haniak Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 38 Haniak Rd?
38 Haniak Rd is in Oliver Paipoonge, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 38 Haniak Rd been on the market?
1 day — 38 Haniak Rd was listed on October 27, 2026.
What is the land transfer tax on 38 Haniak Rd?
About $121,475 in Ontario land transfer tax at the asking price of $5,400,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 38 Haniak Rd or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 38 Haniak Rd?
The listing for 38 Haniak Rd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Oliver Paipoonge.
When was 38 Haniak Rd built?
The listing for 38 Haniak Rd doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.