1331 MOUNTAIN Road
Thunder Bay, Ontario
4,500 sqft • Hospitality
A rare opportunity to acquire the former White Fox Inn, situated on approximately 15 acres of pristine land on sought-after Mountain Road, directly across from the renowned Fort William Country Club. The property is currently in the midst of an extensive renovation and redevelopment project, transforming the building into a modern inn/hotel while preserving its unique character and presence. Significant work has already been completed, offering a valuable opportunity for investors, developers, or owner-operators to continue the vision or adapt the property to suit their own objectives. In addition to its hospitality potential, the property may lend itself to a variety of alternative uses, including single-family residential use, subject to applicable approvals and regulations. The expansive acreage, prime location, and flexible potential make this a truly unique offering. Whether you are seeking a hospitality venture, redevelopment opportunity, or an exceptional estate property, this landmark location offers tremendous possibilities. Additional information, renovation details, and permitted uses are available upon request.
Price History
Property
- Lot Size
- 15 acres
Schools
Elementary
- Nor'wester View Public School3.3 km
Public · Lakehead DSB · 300 students
Grade 3 reading: 94% met the provincial standard · Grade 6 math: 76% met the provincial standard
- St Ann Catholic Elementary School4.9 km
Catholic · Thunder Bay CDSB · 205 students
Grade 3 reading: 100% met the provincial standard · Grade 6 math: 11% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area P7J
- Population
- 4,859
- Private dwellings
- 1,877
- Median age
- 44.8
- Average household size
- 2.7
- Median household income
- $114,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Hospitality in Thunder Bay · last 12 months
- Median sold price
- $420,000
- Homes sold
- 202
- Median days on market
- 14
- Sale-to-list price
- 107.6%
Based on 202 recorded sales of hospitality properties in Thunder Bay over the last 12 months.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Mortgage Calculator
$179,980
Estimated Monthly Payment
$4,421
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,421/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $225/mo
Estimates only. Consult a financial advisor.