564 HEMATITE ROAD, Rainy River Remote Area (TB-50)

$319,900

For sale: Detached

Detached at 564 HEMATITE ROAD, Rainy River Remote Area (TB-50)
Property type
Detached
Bedrooms / bathrooms
1 bedroom, 1 bathroom
MLS®
MLS® X13250570
Neighbourhood
TB-50

Escape to the peace and beauty of Plateau Lake with road access, this incredible recreational property offering just under 5 acres of privacy and stunning natural surroundings and approx. 1328' lake frontage! Built in 2021 and professionally architecturally designed, this exceptional 767 sqft off-grid cabin blends rustic charm with modern cottage design. The exterior showcases beautiful board and batten white pine siding paired with a durable metal roof, creating a timeless lakefront cabin feel. The thoughtfully designed interior features an open-concept living room and kitchen filled with warmth and character, a main floor bedroom, and a 3PC bathroom with compost toilet. Two additional bunkie-style sleeping/play areas provide the perfect space for kids or guests, along with a 114sqft loft that can be utilized as additional sleeping space, storage, or a play area. The cabin is filled with natural light thanks to an abundance of windows, while lake views can be enjoyed from every room, creating a truly peaceful and immersive waterfront experience. A cozy woodstove adds warmth and comfort, and the property has a professionally installed off-grid solar electric system. Surrounded by mature trees and peaceful woodland, this private peninsula setting captures breathtaking sunrise and sunset views with water stretching from east to west. Enjoy the outdoors from the large screened-in porch or the open deck, both ideal for relaxing and taking in the scenery. The west side of the property features an outhouse, dedicated firepit and picnic area with excellent access for swimming, fishing, kayaking, and canoeing, along with a great future location for a dock and boat setup. The east point of the property offers another excellent swimming area, sailboat access and the perfect place to enjoy a morning coffee while watching the sunrise. Whether you are looking for adventure or relaxation, this property offers the ultimate Northern Ontario getaway!

Sold data

Homes in Rainy River Remote Area (TB-50) — recent sold market

Homes in Rainy River Remote Area (TB-50) took a median of 30 days to sell over the last 730 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 69, across 33 recorded sales.

The median sale price was $248,900.

Homes sold for about 4.2% below asking on average, so there was room to negotiate.

About 21% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
30
Median sale price
$248,900
Sale-to-list ratio
95.8%
Sold above asking
21%

Based on 33 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 564 HEMATITE ROAD