Real Estate for Sale in TB-403, Rainy River, ON

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Neighbourhood in Rainy River

TB-403

quiet family-friendly affordable

TB-403 is a quiet neighbourhood in Rainy River, Ontario. It offers affordable housing and a small community feel.

Median home price is $129,900 Population of about 303 Majority of homes are single detached 66% employment rate 70.8% home ownership rate

At a glance

Photo of 108-106 Third Street
For SaleEstate SaleLarge Lot
Listed for:

Listed 6 days ago

$280,000

108-106 Third Street

Rainy River (TB-403), ON P0W 1L0

2Bedrooms
1Bathroom
1Garage
1.1K-1.5KSq Ft

DetachedFor Sale

Photo of 216 Second Street
For SaleWaterfront
Listed for:

Listed 14 days ago

$129,900

216 Second Street

Rainy River (TB-403), ON P0W 1L0

2Bedrooms
2Bathrooms
1Garage
700-1.1KSq Ft

DetachedFor Sale

Photo of 216 Sixth Street
For Sale
Listed for:

Listed Sep 10, 2026

$89,000

216 Sixth Street

Rainy River (TB-403), ON P0W 1L0

2Bedrooms
1Bathroom
0Garage
< 700Sq Ft

LinkFor Sale

Photo of 602 River Avenue E
For SaleWaterfront
Listed for:

Listed Sep 9, 2026

$548,500

602 River Avenue E

Rainy River (TB-403), ON P0W 1L0

3 + 1Bedrooms
4Bathrooms
1Garage
1.1K-1.5KSq Ft

DetachedFor Sale

Photo of PCL 26005 River Ave
For SaleAttention BuildersWaterfront
Listed for:

Listed Aug 24, 2026

$79,900

PCL 26005 River Ave

Rainy River (TB-403), ON P0W 1L0

—Bedrooms
0Bathrooms
0Garage
—Sq Ft

Vacant LandFor Sale

What it costsAffordability

Median asking price

$129,900

19% above Rainy River 82% below Ontario

In TB-403

$129,900

In Rainy River

$109,450

In Ontario

$719,900

Median monthly rent

In Ontario

$2,500

On the marketMarket snapshot

For sale

5

Median $129,900

Houses 5

For rent

0

Recently sold

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Recently leased

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Market data as of 2026-10-08. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Affordable median home prices
  • Family-friendly environment
  • Low unemployment rate
  • Strong community ties

Keep in mind

  • Limited rental options
  • Population density is low
  • Fewer amenities compared to larger cities

The feel of the placeLifestyle

Daily life is relaxed, with a focus on community and family. Residents enjoy a slower pace and access to nature.

Great for first-time buyers families retirees

The areaWhat's nearby

Not enough verified data yet. We count schools, parks, transit and shops inside TB-403's real boundary and publish the numbers only once that count is confirmed — an estimate here would be worse than nothing.

The peopleWho lives here

303

Population (2021)

34.8 km²

Area

9

People per km²

40.8

Median age

$79,000

Median income

71%

Own their home

2.5

People per household

120

Households

Every age

  • Children (under 15)19.7%
  • Working age (15–64)60.7%
  • Seniors (65+)19.7%

What is built here

  • Detached houses82.6%
  • Low-rise apartments8.7%

Own or rent

71%Owners

29%Renters

Across 120 households

When it was built

Mostly 1961–1980

  • 1960 or earlier25%
  • 1961–198033%
  • 1981–19900%
  • 1991–200021%
  • 2001–20058%
  • 2006–20100%
  • 2011–201513%
  • 2016–20210%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

12.7%
Born outside Canada
17%
Hold a degree or higher
66%
Employment rate
8%
Commute by transit
76%
Commute by car
2.1
Children per family
$71,000
Median income after tax
$84,000
Average household income
9%
Living on a low income
$500/mo
Renters pay, per month
$830/mo
Owners pay, per month
$190,000
Median home value at census
0%
Renters spending 30%+ of income on housing
16.7%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 1 census area around the listings we hold here. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021