LOT 3 EAST BYWAY, Red Lake (TB-701)

$54,900

For sale: Vacant Land

Vacant Land at LOT 3 EAST BYWAY, Red Lake (TB-701)
Property type
Vacant Land
MLS®
MLS® X13258498
Neighbourhood
TB-701

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 (TB-701) — recent sold market

Homes in Red Lake (TB-701) took a median of 40 days to sell over the last 365 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 86, across 40 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 222 days.

The median sale price was $184,950.

Homes sold for about 4.3% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 18% of sellers reduced their price before finding a buyer.

Median days to sell
40
Median sale price
$184,950
Sale-to-list ratio
95.7%
Sold above asking
13%

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 (TB-701)

Red Lake (TB-701) 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 (TB-701)

  • Red Lake Madsen — elementary, Red LakeFraser rating 10.0/10
  • St John — elementary, Red LakeFraser rating 5.1/10
  • Red Lake — secondary, Red LakeFraser 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 BYWAY