$525,000

For sale

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188 BYRNES Road, RAINY RIVER - Single Family for Sale

188 BYRNES Road, RAINY RIVER, Ontario, P0W1L0

3 beds2 baths1,344 ft² lot size

108-106 Third Street, Rainy River, Ontario, P0W1L0

2 bd1 ba4 pk1,300 ft²Lot size 90 × 120 ft (10,800 sq ft)

Listed by REMAX First Choice Realty Ltd.

216 Second Street Street, Rainy River, Ontario, P0W1L0

For sale

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$130K

216 Second Street Street, Rainy River, Ontario, P0W1L0

2 bd2 ba3 pk900 ft²Lot size 50 × 120 ft (5,956 sq ft)

Listed by REMAX First Choice Realty Ltd.

702 River Avenue East, Rainy River, Ontario, P0W1L0

For sale

30 days ago

$379K

702 River Avenue East, Rainy River, Ontario, P0W1L0

3 bd2 ba4 pk1,750 ft²Lot size 87 × 292 ft (25,325 sq ft)

Listed by REMAX First Choice Realty Ltd.

216 Sixth Street, Rainy River, Ontario, P0W1L0

For sale

54 days ago

$89K

216 Sixth Street, Rainy River, Ontario, P0W1L0

2 bd1 ba2 pk350 ft²Lot size 50 × 120 ft (6,000 sq ft)

Listed by REMAX First Choice Realty Ltd.

Investment analysis

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$525,000

RAINY RIVER

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Overview

This 3-bedroom, 2-bathroom home in RAINY RIVER is for sale offering roughly 1,344 sq ft of space. It has been on the market 76 days, fresher than the RAINY RIVER average of 87 days.

Houses for Sale in RAINY RIVER →All real estate in RAINY RIVER →

Description

Private, almost one acre riverfront property with 341 feet of direct river frontage, set at the end of a quiet no outlet road in a tree canopied, cottage country setting. The single level home with in floor radiant heat, ductless cooling, and recent upgrades including on demand hot water and central water treatment. A detached garage with workbench, workshop, and carport. As well as an insulated, heated two room bunkie. •Very low cost of ownership (efficient low heating costs and taxes) •Ductless mini-split heat pump providing zoned cooling in summer and supplemental heating in shoulder seasons. (id:66096)

Property Details

MLS®: 26019954
Property Type: Single Family
Zoning: RES
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Interior Size: 1,344 ft²
Lot Size: 1.43 acres
Year Built: 1997
Storeys: 1
Style: Bungalow
Heating: Radiant heat, Propane
Garage: Detached Garage, Garage, Carport
Waterfront: Yes
Ownership: Freehold
Listed: 76 days ago

Rooms

Main level

Bedroom: 9 x 11
Bedroom: 12 x 12
Primary Bedroom: 13 x 11
Living room: 15 x 12
Kitchen: 15 x 12

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Cooktop
Flooring: Carpeted, Ceramic/Porcelain
Foundation: Concrete
Exterior: Aluminum/Vinyl
Lot Features: Double width or more driveway, Gravel Driveway

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

76d

RAINY RIVER listings, avg age

87d

Price / ft²

$391

List price

$525K

Homes here sell slower than most markets

Sold homes in this market spent an average of 75 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 93.0 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in RAINY RIVER has been listed for 76 days, which is 11 days fresher than the city average of 87. Act while there is still low competition.

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Listed by LISTIT.REALTY BROKERAGE INC · PAUL ROUILLARD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0W)

This home lists at $525,000, about 6.9× the local median household income of $76,500.

Carrying it typically needs a household income of about $102,551 (20% down, 25-yr amortization, stress-tested) — roughly 34% above the area median.

Median household income: $76,500
Population: 6,454
Median age: 42.8
Owner / renter: 85% / 15%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA P0W)

$525,000· $391/ft²

For sale

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Full Cost Breakdown

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Down Payment5.24% · $27,500

Min 5.24%50%

Mortgage payment$2,758/mo

↳ CMHC premium ($19,900 capitalized)

Est. property tax$438/mo

Total monthly$3,196

Cash Needed to Close

Down payment (5.24%)$27,500

Land transfer tax$6,975

Est. closing costs$4,075

Total cash needed$38,550

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice