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Lots & Land in Kenora Remote Area
About JO185 Shoal Lake
Own Your Private Paradise: A Breathtaking 15.7-Acre Island on Shoal Lake. Owned to highwater mark. Very near mainland parking/docking. Mainland parking/docking can be seen in the photos, it's very near! Embrace a rare opportunity to claim your very own island oasis nestled in the pristine waters of Shoal Lake. Spanning 15.7 acres, this untouched natural gem offers boundless potential and serenity. Stunning Landscape: Elevated terrain provides sweeping panoramic views of the sparkling lake—perfect for sunset watching, stargazing, or simply soaking in nature's beauty. Versatile Building Opportunities: Design your dream retreat with multiple prime building locations, ideal for cottages, cabins, or guest homes. The island’s profile supports a range of architectural visions. Boater’s Delight: Enjoy deep water on all sides for secure docking, swimming, and seamless lake adventures. Low Ownership Costs: Exceptional value with annual taxes of just $500.76 (2025), including mining taxes—affordable luxury at its finest. Year-Round Accessibility: Easily accessible year-round with a short, scenic boat ride from the mainland in the warmer months, and convenient access via ice during winter. Your escape is closer than you think. Unmatched Peace & Privacy: Whether you seek a quiet sanctuary, a family compound, or an investment in nature, this island offers an unparalleled blend of tranquility and possibility. A cottage on Toby's Island has sold for more than $550k, surely this is good value with the entire Island. Build a castle or a modest cottage. Make plans to come and see.
Kenora Remote Area land priced at $399,000 — book a tour to see if it fits your search.
Inside JO185 Shoal Lake
Every detail from the listing, in one place.
Type
Land
Basement
Other
Features & systems
Interior
Basement
Other
Lot & land
Lot size (sqft)
15.7
Listing & possession
Property class
Vacant Land
JO185 Shoal Lake Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$1,960
/mo
based on the purchase price of $399,000
$79,800 cash
$319,200 financed
$268,850 total interest
Principal54%$319,200
Interest46%$268,850
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 TRREB 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 TRREB 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.
For homeowners nearby
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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 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.
Similar homes for sale nearby in Kenora Remote Area
Other homes for sale in Kenora Remote Area around $399K.
Average days on market72Homes sold in about 72 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings92Homes for sale here right now.
Median vs prior 90 days+2.4%Compared with Apr 29 – Jul 28, 2026: prices up.
Based on 86 sales from Jul 28 – Oct 26, 2026 (53 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About JO185 Shoal Lake
How much is JO185 Shoal Lake listed for?
JO185 Shoal Lake is listed at $399,000 (MLS® X13256312). Summitly updates the price as soon as the MLS® record changes.
Has the price of JO185 Shoal Lake changed?
Yes — it was first listed at $450,000 and is now $399,000, a drop of $51,000 (11.3%).
How many bedrooms and bathrooms does JO185 Shoal Lake have?
The listing for JO185 Shoal Lake doesn't publish its bedroom and bathroom count. It is a lot in Kenora Remote Area.
How much would the monthly mortgage be on JO185 Shoal Lake?
About $1,960 a month — principal and interest on $399,000 with 20% down ($79,800), 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 JO185 Shoal Lake compare with other homes in Kenora Remote Area?
Its asking price of $399,000 is about 8% below the median sold price in Kenora Remote Area over the last 90 days, $435,000, across 86 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 JO185 Shoal Lake been sold before?
Summitly has no earlier MLS® sale or lease of JO185 Shoal Lake on record from the last two years. Older records aren't shown under TRREB rules.
Where is JO185 Shoal Lake?
JO185 Shoal Lake is in Kenora Remote Area, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has JO185 Shoal Lake been on the market?
410 days — JO185 Shoal Lake was listed on July 7, 2025.
Does JO185 Shoal Lake have a basement, and is it finished?
The listing describes the basement as: Other.
What is the lot size of JO185 Shoal Lake?
The lot is 17.495 acres, as published in the listing.
What is the land transfer tax on JO185 Shoal Lake?
About $4,460 in Ontario land transfer tax at the asking price of $399,000. 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 JO185 Shoal Lake 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.