$182,000

$187,000For salePrice drop↓ $5,000 (3%)

502 ATWOOD AVENUE, Rainy River - Single Family for Sale

502 ATWOOD AVENUE, Rainy River, Ontario, P0W1L0

2 beds1 bath900 ft²50 × 150 ft (7,500 sq ft) lot sizeListed 78 days ago

Overview

This 2-bedroom, 1-bathroom home in Rainy River is for sale offering roughly 900 sq ft of space. Listed at $182,000, it is attractively priced about 35% below the $280,000 median asking price in Rainy River. It has been on the market 78 days, fresher than the Rainy River average of 93 days.

Houses for Sale in Rainy River →All real estate in Rainy River →

Description

Vacant and ready for immediate possession for this perfect retirement, starter or investment property! This 2 Br, 1 bath home has been well maintained over the years with roofing, boiler system, eavestroughs, electrical panel all within the past 7 years, and in the past year having fresh paint throughout and new carpet in the bedrooms plus many more. One level home with the kitchen flowing into the nice sized living room, from the kitchen is the nice sized bathroom, master bedroom and second bedroom. With this home having a boiler/hot water in demand the utilities are cheaper than normal. One car detached garage, yard has mature trees and backs onto a back alley access and the newly built K-12 school which will open shortly if you have kids. (id:66096)

Property Details

MLS®: X13687760
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Interior Size: 900 ft²
Lot Size: 50 × 150 ft (7,500 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Other, Other
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $1,466.46/yr
Listed: 78 days ago

Rooms

Main level

Living room: 3.55 x 5.3 meters
Primary Bedroom: 3.58 x 4.14 meters
Kitchen: 2.92 x 5.1 meters
Bedroom 2: 3.17 x 3.35 meters
Bathroom

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Flooring: Laminate, Linoleum
Foundation: Wood, Block
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Telephone, Natural Gas Available, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

78d

Rainy River listings, avg age

93d

Price / ft²

$202

List price

$182K

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 2-bed single family in Rainy River has been listed for 78 days, which is 15 days fresher than the city average of 93. Act while there is still low competition.

Set a price alert Book a showing

Listed by REMAX NorthWest Realty Ltd. · Kerry Pasloski

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0W)

This home lists at $182,000, about 2.4× the local median household income of $76,500.

Carrying it typically needs a household income of about $35,551 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$182,000· $202/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $9,100

Min 5%50%

Mortgage payment$959/mo

↳ CMHC premium ($6,916 capitalized)

Property tax (est.)$122/mo

Total monthly$1,081

Cash Needed to Close

Down payment (5%)$9,100

Land transfer tax$1,545

Est. closing costs$3,046

Total cash needed$13,691

Get Pre-Approved · Free & Fast

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

Rental cashflow calculator