$89,000
$127 / sq ft3 days on market
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Affordable opportunity with incredible expansion potential in the quiet, welcoming community of Rainy River! This charming two-bedroom home is a fantastic starting point for a first-time buyer, downsizer, or investor looking for a property with great potential. The home needs some light updating but requires no extensive work to truly make it your own. The functional layout features a smaller second bedroom with laundry plumbing that can easily be relocated to the unfinished basement if you prefer. Outside, a back lane provides convenient parking access to a small storage shed, while the good-sized yard showcases a beautiful, mature apple tree-perfect for gardening, relaxing, or entertaining.Adding immense value to this package, the seller also owns the adjacent property directly to the South. Featuring a solid detached garage and a structure that is a likely tear-down, this neighbouring parcel offers a rare chance to expand your lot, build fresh, or create a custom multi-property compound. The highly motivated seller is willing to negotiate a package deal to sell both properties together, making this a unique, high-potential opportunity just a short walk from the riverfront, boat dock, excellent fishing, and the Canada-U.S. border. Don't miss out on owning a home-or two-at a very reasonable price; contact your agent today for more details!
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 0% of comparable detached listings in Rainy River are asking less.
Based on 17 comparable active detached listings in Rainy River. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $89,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Re/Max First Choice Realty Ltd.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.