$789,000
For sale: Detached

Experience relaxed waterfront living in the sought-after Red Gut Bay on Rainy Lake. This newly built 2-bedroom, 2-bathroom bungalow is designed for easy one-level living, featuring an inviting open-concept layout and a stunning custom knotty alder kitchen at the heart of the home. The spacious primary suite, warm wood finishes, and quality craftsmanship create a welcoming lakeside retreat. The generous office could easily be converted to a 3rd bedroom if needed. Enjoy the screened deck, multiple outdoor seating areas, and easy access to the waterfront, making it simple to spend your days on the lake. A hidden bonus basement offers the perfect space for hobbies and storage. Guests and extended family will appreciate the detached garage with a fully self-contained 2-bedroom, 1-bathroom suite above—ideal for visitors, rental income, or multi-generational living. A rare opportunity to enjoy the beauty of Rainy Lake with comfortable year-round living, exceptional guest accommodations, and effortless access to the water.Dry
Sold data
Detached homes in Fort Frances took a median of 24 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 37, across 76 recorded sales.
The median sale price was $249,900.
Homes sold for about 1.0% above asking on average.
About 53% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 76 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Fort Frances has 4 Fraser Institute–rated schools (3 elementary and 1 secondary), averaging 4.3/10.
School ratings from the Fraser Institute's Ontario school report cards.
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