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Lot 1 St Pauls Bay (south)

Lot 1 St Pauls Bay (south)

Red Lake, Ontario

  • Single Family
$50,000

Tucked away in the woods, this small cottage offers a tranquil retreat on a 2.2 acre property that features a serene sand beach. Although the cottage requires some work, it boasts a prime location for fishing enthusiasts. Red Lake is renowned for its excellent Northern Pike and Walleye fishing. Only a 10 minute boat ride from town.

Price History

Property

Lot Size
2.2 acres

Community

Postal area P0V

Population
22,944
Private dwellings
9,106
Median age
30.8
Average household size
3.1
Median household income
$71,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Single Family in Red Lake · last 12 months

Median sold price
$256,000
Homes sold
11
Median days on market
24
Sale-to-list price
94.5%

Based on 11 recorded sales of single family properties in Red Lake over the last 12 months.

Mortgage Calculator

$10,000

Estimated Monthly Payment

$246

Land transfer tax

Estimated land transfer tax$250

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $246/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $13/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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