
Welcome to this remarkable commercial retail located in the coveted neighborhood of TB-403. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $269,900 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.
A rare opportunity in the heart of Rainy River! This well-known commercial property has been home to a trusted hardware and home supply store that has proudly served the community for over 35 years, with the current owner operating it successfully for the past 25. Now, with retirement approaching, this property and inventory are being offered for sale - creating a fantastic opportunity for new owners to bring their own business vision to life in a prime downtown location. The sale includes the building and current hardware merchandise inventory, providing a ready-to-use retail setup with excellent exposure and loyal local traffic. While it has long operated as a hardware store, the business itself is not included in the sale, leaving the door open for a variety of potential uses - continue offering hardware and home goods, or reimagine the space to suit your own commercial plans. Rainy River is a full-service community affectionately known as the “Walleye Capital,” nestled on the beautiful Lake of the Woods at the border of Ontario, Minnesota, and Manitoba - a region celebrated for its natural beauty, recreation, and welcoming small-town atmosphere. As a bonus, the owner also holds three desirable vacant lots in town, perfect for building your dream home. With the purchase of the property, one or more of these lots can be negotiated. One lot offers scenic riverfront views, while the other two are located in a quiet cul-de-sac near the river and within walking distance to the local school. This is an excellent opportunity for anyone looking to relocate to one of Northwestern Ontario’s most scenic and community-oriented areas. It is ideal for individuals or families eager to raise children in a safe, small-town setting while enjoying the rewards of entrepreneurship and small business life. Please note: The business is not included in the sale. Do not approach the premises directly. For full details or to arrange a private viewing, contact the listing agent.
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This commercial retail located at 220 Fourth Street, Rainy River is currently for sale and has been available for 382 days. This property is listed at $269,900 with an estimated mortgage of $898* per month. It has 0 beds, 1 bathroom, and is unknown square feet. 220 Fourth Street, Rainy River is in the TB-403 neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in TB-403, Rainy River.
First-time home buyers, professionals, or investors seeking value.
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No historical data available for this property.
This could be the first listing for this address.
If you are looking for a house in Rainy River or researching Rainy River real estate for sale, this commercial retail at 220 Fourth Street, Rainy River, ON offers an exceptional opportunity to buy a home in Rainy River, Ontario. Whether you are a first-time Rainy River home buyer or comparing active Rainy River MLS® homes for sale, working with a dedicated Rainy River buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Rainy River realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Estimated mortgage: $898*/month*. Estimated Ontario Land Transfer Tax: $2,524. First-time Rainy River home buyers may qualify for up to $8,475 in rebates.
The current listing price for 220 Fourth Street, Rainy River, ON in TB-403, Rainy River is $269,900.
This property features null bedrooms and 1 bathroom.
220 Fourth Street, Rainy River, ON is a Commercial Retail () featuring a Other basement.
Interior highlights include: Other.
Yes, this property offers parking space for 0.0 vehicle (None).
Heating is provided via standard central heat and cooling via Other.
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Tb 403, Rainy River
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Data-driven valuation for 220 Fourth Street, Rainy River, ON P0W 1L0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Rainy River.
About Purchasing a Home in Rainy River, ON
For a property listed at $269,900 in Rainy River, the legal minimum down payment is $13,495 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 $2,524 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 $2,524.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Tb 403, Rainy River.
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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.
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