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$139,000
Red Lake
Lot 29 St.Paul's Bay, Red Lake, Ontario, P0V2M0
This 2-bedroom home in Red Lake is for sale offering roughly 900 sq ft of space. It has been on the market 7 days, fresher than the Red Lake average of 142 days.
Your own slice of lake life awaits in beautiful St. Paul's Bay on Red Lake! Just a seven-minute boat ride from the nearest launch, this inviting cottage sits on a beautiful, level lot with everything you need to settle in and unwind.A generous dock offers room for a pontoon boat, making arrivals and days on the water easy. To the left, the sauna house features a shower room and water heater-the perfect place to relax after a day outdoors. To the right, a convenient fish-cleaning hut is ready for the day's catch.Inside, a spacious living room welcomes you with a wood-burning stove, adding cozy comfort for cooler fall days or a winter getaway. The good-sized dining area overlooks the lake and opens to a kitchen with ample counter space and cabinet storage. Propane appliances are included, and a generator hookup offers options for lights, television and air conditioning.Major maintenance completed over the past two years includes re-levelling the cabin and repainting the exterior. Whether you're spending your days fishing, exploring Red Lake or simply enjoying the view, this waterfront retreat is ready to become your favourite escape. (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.
Just listed: 7 days on market, against an average age of 142 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 94.7 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 2-bed single family in Red Lake has been listed for 7 days, which is 135 days fresher than the city average of 142. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $139,000, about 1.9× the local median household income of $71,500.
Carrying it typically needs a household income of about $27,152 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P0V)
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Loading rates, 30-yr amortization
Cash Needed to Close
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