Sold for:Sold Apr 3, 2025
$675,000

402C Reef Point Road

Rainy River Remote Area, ON P9A 3M2

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 402C Reef Point Road, Rainy River Remote Area

2025-02-03
2025-04-03
Sold
Price
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MLS#
x13252348

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 402C Reef Point Road, Rainy River Remote Area

Summarized Description

  • Luxurious lakefront living with stunning water views.
  • Fully updated 2 bedroom, 2 bathroom home.
  • Open concept design with gourmet kitchen.
  • Expansive decks for indoor-outdoor entertaining.
  • Sustainable geothermal heating and cooling system.
  • Move-in ready with high-end finishings.
  • Walk-out basement with additional living space.
  • Conveniently located near aquatic adventures.

YEAR ROUND LAKEFRONT LIVING / FINE FINISHINGS / STELLAR LOCATION CLOSE TO TOWN!! This fully updated 2 bedroom, 2 bathroom home offers luxurious living with high-end finishings inside and out. Step inside to discover an open concept main floor bathed in natural light from large, bright windows that frame stunning water views. Entertain with ease in the spacious living area and gourmet kitchen featuring beautiful stainless steel appliances, quartz countertops and ample storage. Enjoy indoor-outdoor living at its finest with expansive decks perfect for soaking up the sun or hosting dinners against a backdrop of breathtaking vistas. Conveniently located just steps from the water's edge, this property offers easy access to all your aquatic adventures. After a day of adventuring Rainy Lake, retreat to the comfort of your walk-out basement, where you'll find additional living space and direct access to the outdoors from your master bedroom. Great potential here for an additional bedroom too! No detail has been overlooked, including sustainable Geothermal heating and cooling, newer metal roofing, and paved driveway leading to your garage, complete with a fully finished home gym and separate workshop area. Whether you're seeking a weekend getaway or a permanent residence, this move-in ready home is sure to exceed your expectations. Don't miss your chance to experience premium living at its finest – schedule a showing today!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$853
Land Transfer Tax Fee
$9,975

Basement Type
Finished, Partial Basement, Crawl Space

Interior Features

Interior Extras
Water Purifier, Other
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck, Patio, TV Tower/Antenna
Pool
None

Building

Building Type
Detached
Building Style
1 1/2 Storey

Construction

Exterior Finish
Stucco (Plaster), Stone
Roof
Metal
Foundation Details
Poured Concrete
Special Designation
Other

Lot

Lot Front
148.03 ft
Lot Depth
267.89 ft
Lot Size
0.81

Inclusions

Inclusions
Fridge, Stove, Built-in Dishwasher, Built-in Range Hood Fan, Shelving in Laundry Room

Parking & Garages

Garage Type
None
Garage Spaces
0

Heating & Cooling

Heat Source
Other
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Other
Sewers
Septic

Bedrooms
1 + 1
Washrooms
2
Kitchens
1

Room sizes

  • Living Room12' 5" X 17' 2"
    Main level, Hardwood Floor
  • Primary Bedroom10' 10" X 13' 5"
    Basement level, Stone Floor
  • Kitchen22' 1" X 19' 5"
    Main level, Hardwood Floor
  • Bathroom7' 8" X 6' 4"
    Main level, Tile Floor
  • Bedroom 214' 7" X 21' 5"
    Main level, Hardwood Floor
  • Foyer—
    Main level, Stone Floor
  • Pantry5' 3" X 8' 11"
    Main level
  • Recreation—
    Basement level, Hardwood Floor
  • Laundry9' 1" X 9' 1"
    Basement level

Washrooms

  • —-piece, Main

Municipality
Rainy River Remote Area
Main cross streets
Highway 11/71 to Reef Point Road. Keep straight at the first intersection, proceed to Fire # 402 on your right. Take the first left, keep right to the end. Private drive begins at pavement.
Directions
Highway 11/71 to Reef Point Road. Keep straight at the first intersection, proceed to Fire # 402 on your right. Take the first left, keep right to the end. Private drive begins at pavement.

MLS® number
X13252348
Data source
tbay
Status change
2025-04-03
Listed on
2025-02-03
Days on market
59 days
Possession type
Immediate
Co-op commission
2
Seller
Listed by
CENTURY 21 NORTHERN CHOICE REALTY LTD.

Home Market Value

Current home valuation for 402C Reef Point Road, Rainy River Remote Area, , . Listed for $675,000

HOMEH Estimate

?

$355,000

Estimated Sales Range

?

$280,450 - $429,550

HOMEH Estimate for 402C Reef Point Road, Rainy River Remote Area

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$355,000Medium confidence
Based on 10 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Minimum Down Payment Required:6.3%

5% on first $500K + 10% on $175,000 over $500K

Minimum down payment

$42,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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$25,299$18,833$16,065$0
=Total mortgage
$657,774$626,333$589,815$540,000
Amortization
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=Mortgage payment
$3,212monthly$3,058monthly$2,880monthly$2,637monthly
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Land Transfer Tax

Provincial

$9,975

Total Land Transfer Tax

$9,975

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