$379,000

For sale

702 River Avenue East, Rainy River - Single Family for Sale

702 River Avenue East, Rainy River, Ontario, P0W1L0

3 beds2 baths4 parking1,750 ft²87 × 292 ft (25,325 sq ft) lot sizeListed 30 days ago

Overview

This 3-bedroom, 2-bathroom home in Rainy River is for sale offering roughly 1,750 sq ft of space. It has been on the market 30 days, fresher than the Rainy River average of 93 days.

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

Description

Welcome to peaceful waterfront living on the Rainy River! Situated on a beautiful private lot surrounded by mature trees, this one-level 3-bedroom, 2-bathroom home was built in 2014 and offers wonderful river views and comfortable, easy living. The spacious open-concept layout is filled with natural light and features a well-designed kitchen with plenty of storage, a separate dining area, and large windows overlooking the property. The primary bedroom includes a spacious ensuite and walk-in closet with convenient laundry, while in-floor heating provides warmth and comfort throughout. A newer 12' x 20' sunroom adds even more living space and is piped for gas heat, making it a great spot to relax and enjoy the surroundings. Outside, you'll find a waterfront-side deck surrounded by a newer brick garden bed, adding a beautiful finishing touch to the outdoor space. Closer to the riverfront, a fire pit provides the perfect spot to unwind in the evening while taking in the peaceful river views. The property also features a small bunkie with hydro and heated workspace, plus an additional detached 1-stall garage. Enjoy the privacy, mature trees and beautiful views this Rainy River property has to offer. Vacant, move-in ready and available for immediate possession-come enjoy waterfront living right away! ** This is a linked property.** (id:66096)

Property Details

MLS®: X13861132
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 87 × 292 ft (25,325 sq ft)
Frontage: 87 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Radiant heat, Natural gas
Cooling: Air exchanger, None
Garage: Detached Garage, Garage
Waterfront: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 5.73 x 4.6 meters
Kitchen: 4.42 x 3.99 meters
Dining room: 3.05 x 3.99 meters
Primary Bedroom: 5.12 x 4.21 meters
Bedroom 2: 3.2 x 3.08 meters
Bedroom 3: 3.2 x 3.02 meters
Bathroom: 2.68 x 1.8 meters
Bathroom: 4.08 x 2.96 meters
Sunroom: 3.66 x 6.1 meters

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

Features

Appliances: Washer, Refrigerator, Central Vacuum, Gas stove(s), Dryer, Water Heater - Tankless, Water Heater
Foundation: Concrete, Slab
Exterior: Vinyl siding
Lot Features: Irregular lot size

Services

Water: Municipal water
Sewer: Septic System
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Rainy River listings, avg age

93d

Price / ft²

$217

List price

$379K

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 30 days, which is 63 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 First Choice Realty Ltd. · Crystal Judson

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0W)

This home lists at $379,000, about 5.0× the local median household income of $76,500.

Carrying it typically needs a household income of about $74,032 (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)

$379,000· $217/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% · $18,950

Min 5%50%

Mortgage payment$1,996/mo

↳ CMHC premium ($14,402 capitalized)

Property tax (est.)$356/mo

Total monthly$2,352

Cash Needed to Close

Down payment (5%)$18,950

Land transfer tax$4,160

Est. closing costs$3,637

Total cash needed$26,747

Get Pre-Approved · Free & Fast

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

Rental cashflow calculator