Lot 3 East BAY, Red Lake

$54,900

For sale: Vacant Land

Vacant Land at Lot 3 East BAY, Red Lake
Property type
Vacant Land
MLS®
MLS® TB253227
Neighbourhood
Red Lake

Beautiful lakefront lot located in East Bay, of the Red Lake area. This is the perfect location to build your cottage paradise, where you will enjoy the natural beauty that surrounds you, as well as renowned fishing right out your front door! Waterfront property is a precious commodity, as it's not being made anymore... don't miss this opportunity!

Sold data

Homes in Red Lake — recent sold market

Homes in Red Lake took a median of 38 days to sell over the last 365 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 65, across 40 recorded sales.

The median sale price was $204,450.

Homes sold for about 3.5% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
39
Median sale price
$204,450
Sale-to-list ratio
96.5%
Sold above asking
10%

Based on 40 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

Schools in Red Lake

Red Lake has 3 Fraser Institute–rated schools (2 elementary and 1 secondary), averaging 6.1/10.

Rated schools
3
Elementary
2
Secondary
1
Average rating
6.1 / 10

Top-rated schools in Red Lake

  • Red Lake Madsen — elementaryFraser rating 10.0/10
  • St John — elementaryFraser rating 5.1/10
  • Red Lake — secondaryFraser rating 3.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near Lot 3 East BAY