$999,000
Rainy River Remote Area
447 Hopkins Bay Road, Rainy River Remote Area (TB-401), Ontario, P9A3M3
This 3-bedroom, 3-bathroom home in Rainy River Remote Area is for sale. Listed at $999,000, it is attractively priced about 33% below the $1,500,000 median asking price in Rainy River Remote Area.
Set on over 2 acres of private waterfront on Rainy Lake, this remarkable post and beam home is a true showcase of thoughtful architecture, quality craftsmanship, and energy-efficient design. Every detail has been carefully considered to maximize comfort, sustainability, and the natural beauty surrounding the property. Designed to make the most of its stunning setting and natural resources, the home features structural insulated panels, passive solar heat, triple glazed windows, and a geothermal system with two heat pumps for exceptional year-round efficiency. The unique roof design is finished with a fully adhered rubber membrane, while the updated water treatment system adds further peace of mind. Inside, the dramatic living room is anchored by a breathtaking fireplace and spectacular lake views that immediately capture your attention. The chef’s kitchen is equally impressive, complete with granite countertops, a 6-burner Elmira stove, built-in convection oven, and an abundance of cabinetry and workspace. Offering 3 bedrooms, including 2 with private ensuites, the home provides both comfort and flexibility for family or guests. Generous storage throughout, along with a triple stall garage and additional carports, ensures plenty of room for vehicles, recreational equipment, and all the essentials for lake life. This extraordinary waterfront property must be experienced in person to fully appreciate the craftsmanship, design, and setting. Schedule your private viewing today. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 172 days on market, against an average age of 169 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 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 94.1 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 3-bed single family in Rainy River Remote Area (TB-401) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $999,000, about 12.2× the local median household income of $82,000.
Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 138% above the area median.
Source: Statistics Canada, 2021 Census (FSA P9A)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
