$545,000
Rainy River Remote Area
Lauzon Road, Rainy River Remote Area, Ontario, P0W1K0
This 1-bedroom, 1-bathroom home in Rainy River Remote Area is for sale offering roughly 1,750 sq ft of space. Listed at $545,000, it is attractively priced about 32% below the $799,900 median asking price in Rainy River Remote Area. It has been on the market 64 days, fresher than the Rainy River Remote Area average of 113 days.
New Listing. Possibility & the Freedom to Live Life Differently! What if retirement-or simply a change of pace-meant adding more LIFE to your years? Imagine 80 acres of peace and privacy, no neighbours close by, an abundance of gardens, a new home, additional buildings full of potential, and property taxes of only $278.14 per year - YES, that's just $23.17/month! Located in unorganized territory, this exceptional property offers the rare opportunity to enjoy a more self-sufficient, country lifestyle while still having the conveniences of being "on the grid." The newly built 1,500 sq. ft. home was thoughtfully designed with energy-saving features, modern construction details and low-maintenance living in mind. The result is a comfortable, efficient home design so you can spend more time enjoying and less time maintaining them. Oh...and the gardens...they are something special. Over the past six years, the owners have poured time, care and creativity into creating beautiful, productive and incredibly abundant gardens. If growing your own healthy food and becoming more self-sufficient appeals to you, this property offers an amazing head start. The possibilities don't stop there. The property includes two older farm/house buildings, offering an opportunity to be transformed into something that suits your vision. Think of guest cottage, Airbnb, studio, rentals, hobby space, retreat, home-based business or multi-generational living! With beautiful grounds you could create a memorable destination for weddings and celebrations. Whether you are retired, planning for retirement, or simply wish you were, this could be the opportunity to step away from the hustle and bustle and create a lifestyle that speaks to your soul. Come see it. Walk the land. Explore the possibilities. And imagine what your next chapter could look like here. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 64 days on market, against an average age of 113 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 1-bed single family in Rainy River Remote Area has been listed for 64 days, which is 49 days fresher than the city average of 113. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $545,000, about 7.1× the local median household income of $76,500.
Carrying it typically needs a household income of about $106,458 (20% down, 25-yr amortization, stress-tested) — roughly 39% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0W)
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