120 Third St, Rainy River, ON
Property no longer active
This property was sold on August 28, 2026. This listing is for reference purposes only. to view the sold price.
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of TB-403. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $199,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 1 Bathroom
- Premium 50 x 120 ft lot size
- Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
New Listing. Welcome to this charming 3-bedroom, 1-bathroom home offering character, space, and plenty of potential. The spacious upper-level loft bedroom provides a unique retreat with room for a sitting area, home office, or additional living space. High ceilings throughout the main floor create an open, airy feel, while the separate dining room and cozy kitchen nook provide functional spaces for everyday living and entertaining. Stay comfortable year-round with central air conditioning. The unfinished basement offers excellent storage and future development potential, with plumbing already in place for a second bathroom or shower. Situated on a desirable corner lot in a quiet neighbourhood, this property features mature trees, a welcoming veranda, a large covered deck, and a storage shed for added convenience. Whether you're enjoying your morning coffee on the porch or relaxing outdoors with family and friends, this home offers a peaceful setting with plenty of outdoor living space. Conveniently located within walking distance of the school, recreation centre, and hospital, and just one block from the scenic riverfront, you'll enjoy easy access to local amenities and the beautiful waterfront.
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Property Summary
This detached home located at 120 Third St, Rainy River is currently for sale and has been available on SousaSells for 40 days. This property is listed at $199,000 with an estimated mortgage of $662* per month. It has 3 beds, 1 bathroom, and is unknown square feet. 120 Third St, Rainy River is in the TB-403 neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in TB-403, Rainy River.
- •3 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •Desirable Detached architecture in TB-403, Rainy River
Families, couples, or downsizers looking for a well-proportioned home in Rainy River.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Other
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 120 Third St, Rainy River, ON
Q.What is the asking price for 120 Third St, Rainy River, ON ?
The current listing price for 120 Third St, Rainy River, ON in TB-403, Rainy River is $199,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 1 bathroom.
Q.What property type and architectural style is 120 Third St, Rainy River, ON ?
120 Third St, Rainy River, ON is a Detached (2-Storey) featuring a Unfinished, Full basement.
Q.What interior features are included in this home?
Interior highlights include: Other.
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
TB-403, Rainy River
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 120 Third St, Rainy River, ON P0W 1L0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Rainy River, ON
For a property listed at $199,000 in Rainy River, the legal minimum down payment is $9,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,715 for this transaction. As this listing is in Rainy River (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,715.
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TB-403, Rainy River Neighborhood Guide
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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