120 Third St, Rainy River, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rainy River. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $199,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 1 Bathroom
- Premium 50 x 120 ft lot size
- Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
New Listing. Welcome to this charming 3-bedroom, 1-bathroom home offering character, space, and plenty of potential. The spacious upper-level loft bedroom provides a unique retreat with room for a sitting area, home office, or additional living space. High ceilings throughout the main floor create an open, airy feel, while the separate dining room and cozy kitchen nook provide functional spaces for everyday living and entertaining. Stay comfortable year-round with central air conditioning. The unfinished basement offers excellent storage and future development potential, with plumbing already in place for a second bathroom or shower. Situated on a desirable corner lot in a quiet neighbourhood, this property features mature trees, a welcoming veranda, a large covered deck, and a storage shed for added convenience. Whether you're enjoying your morning coffee on the porch or relaxing outdoors with family and friends, this home offers a peaceful setting with plenty of outdoor living space. Conveniently located within walking distance of the school, recreation centre, and hospital, and just one block from the scenic riverfront, you'll enjoy easy access to local amenities and the beautiful waterfront.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This detached home located at 120 Third St, Rainy River is currently for sale and has been available on SousaSells for 4 days. This property is listed at $199,000 with an estimated mortgage of $662* per month. It has 3 beds, 1 bathroom, and is unknown square feet. 120 Third St, Rainy River
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Other
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 120 Third St, Rainy River, ON P0W 1L0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Rainy River.
Configure Loan Settings
About Purchasing a Home in Rainy River, ON
For a property listed at $199,000 in Rainy River, the legal minimum down payment is $9,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,715 for this transaction. As this listing is in Rainy River (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,715.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Rainy River.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.