Homula Realty Brokerage
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447 Hopkins Bay Road, Rainy River Remote Area, ON P9A 3M3

3 beds · 3 baths · 1 kitchen · 13 rooms · Detached · 38 days on market
$999,000
Property tax
$1,900 / year

Set on over 2 acres of private waterfront on Rainy Lake, this remarkable post and beam home is a true showcase of thoughtful architecture, quality craftsmanship, and energy-efficient design. Every detail has been carefully considered to maximize comfort, sustainability, and the natural beauty surrounding the property. Designed to make the most of its stunning setting and natural resources, the home features structural insulated panels, passive solar heat, triple glazed windows, and a geothermal system with two heat pumps for exceptional year-round efficiency. The unique roof design is finished with a fully adhered rubber membrane, while the updated water treatment system adds further peace of mind. Inside, the dramatic living room is anchored by a breathtaking fireplace and spectacular lake views that immediately capture your attention. The chef’s kitchen is equally impressive, complete with granite countertops, a 6-burner Elmira stove, built-in convection oven, and an abundance of cabinetry and workspace. Offering 3 bedrooms, including 2 with private ensuites, the home provides both comfort and flexibility for family or guests. Generous storage throughout, along with a triple stall garage and additional carports, ensures plenty of room for vehicles, recreational equipment, and all the essentials for lake life. This extraordinary waterfront property must be experienced in person to fully appreciate the craftsmanship, design, and setting. Schedule your private viewing today.

MLS number
X13250930
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
3
Postal code
P9A 3M3
Photos
47
120days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$199,800 · minimum here is $74,900
$4,423.36per month
Borrowed before insurance$799,200
Total borrowed$799,200
Interest over 25 years at 4.5%$527,807

If you rented it out

-$4,581.69per month out of pocket
Rent$0.00
Everything it costs to hold$4,581.69
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX NORTHWEST REALTY LTD.. Listing data provided by the Toronto Regional Real Estate Board.