Real Estate for Sale in TB-701, Red Lake, ON
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Neighbourhood in Red Lake
TB-701
Red Lake is a small community in Ontario with a close-knit feel. It offers affordable housing options and a friendly environment for families.
At a glance
Listed Aug 20, 2026
19 Main Street
Red Lake (TB-701), ON P0V 2C0
Vacant LandFor Sale
Listed Aug 20, 2026
21 Beveridge Street
Red Lake (TB-701), ON P0V 2C0
Vacant LandFor Sale
Listed Aug 20, 2026
13 Beveridge Street
Red Lake (TB-701), ON P0V 2C0
Vacant LandFor Sale
What it costsAffordability
Median asking price
$33,250
In TB-701
$33,250
In Red Lake
$83,750
In Ontario
$719,900
Median monthly rent
In Ontario
$2,500
On the marketMarket snapshot
For sale
5
Median $33,250
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
- Low median home prices compared to city average
- High ownership rate among residents
- Community has a young population
- Low unemployment rate at 4.9%
Keep in mind
- Limited rental options available
- Few amenities and services in the area
The feel of the placeLifestyle
Daily life in Red Lake is quiet and community-focused, with many residents enjoying outdoor activities. The area is ideal for those who appreciate a slower pace of life.
The areaWhat's nearby
Not enough verified data yet. We count schools, parks, transit and shops inside TB-701'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
533
Population (2021)
0.4 km²
Area
1,412
People per km²
34.8
Median age
$141,000
Median income
77%
Own their home
2.5
People per household
235
Households
Every age
- Children (under 15)23.4%
- Working age (15–64)68.2%
- Seniors (65+)8.4%
What is built here
- Detached houses81%
- Semi-detached2.4%
- Townhouses11.9%
- Duplexes2.4%
- Low-rise apartments2.4%
- Other attached homes2.4%
Own or rent
77%Owners
23%Renters
Across 235 households
When it was built
Mostly 1961–1980
- 1960 or earlier15%
- 1961–198045%
- 1981–199015%
- 1991–20009%
- 2001–20050%
- 2006–20106%
- 2011–20154%
- 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.
- 4.5%
- Born outside Canada
- 11.6%
- Hold a degree or higher
- 67.4%
- Employment rate
- 0%
- Commute by transit
- 88.5%
- Commute by car
- 1.8
- Children per family
- $114,000
- Median income after tax
- $140,000
- Average household income
- 6%
- Living on a low income
- $980/mo
- Renters pay, per month
- $1,660/mo
- Owners pay, per month
- $230,000
- Median home value at census
- 36.4%
- Renters spending 30%+ of income on housing
- 11.1%
- 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