This property was sold on July 16, 2026. This listing is for reference purposes only. to view the sold price.
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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Red Lake. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $549,000 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.
This iconic property in Balmertown has been re-done, top to bottom, and is waiting for its new lucky owner! With two floors, each with over 2000 square feet it has so many possibilities. Perhaps you live in the larger unit, and the lower unit is rented out to cover your mortgage, or maybe you rent out both. The primary unit is a fully renovated home that includes 4 bedrooms, 2 full bathrooms, and two living spaces! You enter through the lower level of this unit, where you have a mudroom, a bathroom, a rec-room area, and a large flex space that could be used for a gym, home office, toy room, etc. The unit continues upstairs, where every square inch has been renovated, including the spacious and bright living room, brand-new eat-in kitchen, and 4 bedrooms, one of which features an expansive walk-in closet, not to mention the new deck off the back that you will enjoy! The lower unit has 2 extra-large bedrooms and a full bathroom, a large living room space, and a pass-through to the kitchen area, which is awaiting your finishing touches. Or maybe you have a business idea to run out of this space, and no need for the kitchen? In that case, even better! This property includes two lots, one of which is currently used for parking, but could be converted to green yard space, and there is also a triple-sized detached garage on the property. What more could you possibly need? Reserve your private tour today: 807-728-0683!
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This detached home located at 4 Fifth Street, Red Lake is currently for sale and has been available on SousaSells for 68 days. This property is listed at $549,000 with an estimated mortgage of $1,827* per month. It has 6 beds, 3 bathrooms, and is unknown square feet. 4 Fifth Street, Red Lake
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Red Lake.
Growing families needing multi-bedroom flexibility and space in Red Lake.
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The current listing price for 4 Fifth Street, Red Lake, ON in Red Lake is $549,000.
This property features 6 bedrooms and 3 bathrooms.
4 Fifth Street, Red Lake, ON is a Detached (2-Storey) featuring a Partial Basement, Unfinished basement.
Interior highlights include: Storage, Other.
Heating is provided via Gas and cooling via Other.
Red Lake, Red Lake
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.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 4 Fifth Street, Red Lake, ON P0V 1C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Red Lake.
About Purchasing a Home in Red Lake, ON
For a property listed at $549,000 in Red Lake, the legal minimum down payment is $29,900 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 $7,455 for this transaction. As this listing is in Red Lake (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,455.
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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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