$2,600,000
Rainy River Remote Area
PCL 9-1 SEC SM319; LT 9 PL SM319, Rainy River Remote Area (TB-50), Ontario, P0T1C0
This 6-bedroom, 2-bathroom home in Rainy River Remote Area is for sale. Its $2,600,000 asking price sits right in line with the $2,600,000 median in Rainy River Remote Area. It has been on the market 78 days, fresher than the Rainy River Remote Area average of 193 days.
Presenting a rare retreat on Turtle Lake set on 1 acre & occupying a spectacular point on the shore, this exceptional cottage offers remarkable privacy, craftsmanship, & modern comfort. With deeded ownership including waterfront frontage, road level access from HWY 622, & beach immediately to the west, this is an exceptional offering in one of the region’s most coveted recreational settings. Having 2600sqft, the cottage is distinguished by impressive proportions & attention to detail. The main living space features a dramatic 14ft ceiling, complemented by 10ft ceilings throughout the rest of the home. ICF foundation, 5ft crawl space, & spray foam insulation throughout provide a solid, highly efficient envelope. Chervin cabinetry from Muskoka, solid maple millwork, cedar ceilings, white oak hardwood flooring, luxurious bathrooms, & carefully curated finishes, create a sophisticated yet natural aesthetic. The exterior is equally impressive, combining timeless materials with durable low maintenance construction. Both cottage & detached garage feature limestone sourced from Manitoba, complemented by Hardie Board siding & a standing seam metal roof. The 1200sqft detached garage measures 40x30 with 10ft ceiling, two 9x12 doors, & concrete slab, providing exceptional space for vehicles & recreational equipment. Despite its ultra private remote setting, the property is exceptionally well serviced with full HVAC system, including propane furnace & AC, while a solar power system, propane backup generator, & Starlink internet, provide the infrastructure & reliability necessary for comfortable year round use. Set on a provincially designated Natural Lake Trout Lake known for it's naturally reproducing lake trout population. For the discerning buyer seeking an exceptional waterfront escape, outstanding recreational opportunities, & uncompromising construction, properties of this calibre are exceptionally difficult to find. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 78 days on market, against an average age of 193 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 6-bed single family in Rainy River Remote Area (TB-50) has been listed for 78 days, which is 115 days fresher than the city average of 193. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,600,000, about 33.8× the local median household income of $77,000.
Carrying it typically needs a household income of about $507,871 (20% down, 25-yr amortization, stress-tested) — roughly 560% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0T)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.