25 Sixth Street, Red Lake, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of TB-701. Expertly crafted featuring premium vinyl siding 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.
- 2 Bedrooms and 1 Bathroom
- Premium 50.03 x 110 ft lot size
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- Convenient detached garage included
- Notable attributes: Storage, Other
- equipped with other central cooling and highly efficient forced air heating via gas
Description
Welcome to 25 Sixth Street, a cozy and affordable home offering plenty of potential both inside and out. At just under 700 square feet, the main floor features two bedrooms, one full bathroom, a galley-style kitchen, and a small dining area with sliding doors leading directly to the back deck. The partially finished basement has impressively high ceilings and includes space that could be developed into a third bedroom, rec room or additional living area. The home is heated by a natural gas furnace, and the major appliances are included. Furniture may also be negotiated. Outside, enjoy a pleasant yard with established perennial gardens, a back deck and a single detached garage. Whether you are purchasing your first home, looking to downsize, or searching for an investment opportunity, this property offers manageable living with room to make it your own.
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Property Summary
This detached home located at 25 Sixth Street, Red Lake is currently for sale and has been available on SousaSells for 7 days. This property is listed at $199,000 with an estimated mortgage of $662* per month. It has 2 beds, 1 bathroom, and is unknown square feet. 25 Sixth Street, Red Lake is in the TB-701 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-701, Red Lake.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •Desirable Detached architecture in TB-701, Red Lake
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Storage
- Other
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 25 Sixth Street, Red Lake, ON
Q.What is the asking price for 25 Sixth Street, Red Lake, ON ?
The current listing price for 25 Sixth Street, Red Lake, ON in TB-701, Red Lake is $199,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom.
Q.What property type and architectural style is 25 Sixth Street, Red Lake, ON ?
25 Sixth Street, Red Lake, ON is a Detached (Bungalow) featuring a Full, Partially Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Storage, Other.
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Other.
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Pricing & Value Insights
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Red Lake, ON
For a property listed at $199,000 in Red Lake, 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 Red Lake (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,715.
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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.