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498B HWY 11 E

498B HWY 11 E

Fort Frances, Ontario

  • 2 bed
  • 3 bath
  • Single Family
$1,195,000

Discover the perfect blend of privacy, comfort, and lakeside living on this exceptional 3+ acre Rainy Lake property, just minutes from Fort Frances. Featuring two beautiful year-round homes, this unique property is ideal for extended family, guests, or rental potential. The charming 2/3 bedroom guest home, with approx. 1100 sq ft, was completely reconfigured and updated in 2022, offering a modern layout, new furnace, new appliances, and the distinctive character of its 12-sided design with warm, inviting living spaces. The spacious 2-bedroom main home showcases beautiful architectural details, a bright sunroom, a large finished bonus room above the garage, providing flexible space for hobbies, guests, or a home office. 5 new kitchen appliances have just been added. Recent property improvements include a newly built workshop/garage and a new driveway with convenient access to the dock/waterfront. The dock is set to be pulled up when necessary. An older garage/storage building offers plenty of room for larger equipment, boats, or recreational gear. A rare opportunity to enjoy peaceful Rainy Lake living with space, versatility, and exceptional privacy.

Price History

Property

Lot Size
3.11 acres

Schools

Elementary

  • Fort Frances High Intermediate4.1 km

    Public · Rainy River DSB · 175 students

  • St Mary Separate School4.3 km

    Catholic · Northwest CDSB · 455 students

    Grade 3 reading: 75% met the provincial standard · Grade 6 math: 28% met the provincial standard

  • J W Walker Public School4.4 km

    Public · Rainy River DSB · 225 students

    Grade 3 reading: 76% met the provincial standard · Grade 6 math: 38% met the provincial standard

Secondary

  • Fort Frances High School4.1 km

    Public · Rainy River DSB · 670 students

    Grade 10 literacy: 69% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area P9A

Population
10,079
Private dwellings
5,176
Median age
44.8
Average household size
2.3
Median household income
$82,000

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 Fort Frances · last 12 months

Median sold price
$268,000
Homes sold
15
Median days on market
17
Sale-to-list price
103.3%

Based on 15 recorded sales of single family properties in Fort Frances over the last 12 months.

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Mortgage Calculator

$239,000

Estimated Monthly Payment

$5,871

Land transfer tax

Estimated land transfer tax$20,375

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: $5,871/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $299/mo

Estimates only. Consult a financial advisor.

R

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