$319,900
↓ $30,000 from $349,900
Est. payment $1,416/moCalculate yours
564 Hematite Road, Rainy River Remote Area, ON P0T 1C0
TB-50, Rainy River Remote Area, ON P0T 1C0
- 1 Beds
- 1 Baths
Listing courtesy of Signature North Realty Inc. MLS® X13250570
About this home
Escape to the peace and beauty of Plateau Lake with road access, this incredible recreational property offering just under 5 acres of privacy and stunning natural surroundings and approx. 1328′ lake frontage! Built in 2021 and professionally architecturally designed, this exceptional 767 sqft off-grid cabin blends rustic charm with modern cottage design. The exterior showcases beautiful board and batten white pine siding paired with a durable metal roof, creating a timeless lakefront cabin feel. The thoughtfully designed interior features an open-concept living room and kitchen filled with warmth and character, a main floor bedroom, and a 3PC bathroom with compost toilet. Two additional bunkie-style sleeping/play areas provide the perfect space for kids or guests, along with a 114sqft loft that can be utilized as additional sleeping space, storage, or a play area. The cabin is filled with natural light thanks to an abundance of windows, while lake views can be enjoyed from every room, creating a truly peaceful and immersive waterfront experience. A cozy woodstove adds warmth and comfort, and the property has a professionally installed off-grid solar electric system. Surrounded by mature trees and peaceful woodland, this private peninsula setting captures breathtaking sunrise and sunset views with water stretching from east to west. Enjoy the outdoors from the large screened-in porch or the open deck, both ideal for relaxing and taking in the scenery. The west side of the property features an outhouse, dedicated firepit and picnic area with excellent access for swimming, fishing, kayaking, and canoeing, along with a great future location for a dock and boat setup. The east point of the property offers another excellent swimming area, sailboat access and the perfect place to enjoy a morning coffee while watching the sunrise. Whether you are looking for adventure or relaxation, this property offers the ultimate Northern Ontario getaway!
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- Price Change
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Total Rooms
- 3
- Basement
- Other
Building & Systems
- Heating
- Other (Wood)
- Cooling
- Other
- Exterior
- Other
- Foundation
- Other
- Roof
- Metal
- Water
- Other
- Sewer
- None
Lot & Parking
- Lot Size
- 2-4.99 acres
- Parking
- None garage
Financial
- Property Taxes
- $238 (2025)
- Condo Fee
- $95/mo
Location
- Neighbourhood
- TB-50
- Cross Street
- Hwy 11/17 to Hematite Road (just outside of Atikokan) follow the road to Fire #564 (approx. 8 min down road).
- Direction Faces
- South
Listing
- MLS® Number
- X13250570
- Days on Market
- 144
- Listed On
- 2026-05-27
- Possession
- Immediate
- Listed By
- Signature North Realty Inc.
Rooms
Features
Interior
- Generator - Full
Pool
- None
Mortgage calculator
Estimated mortgage payment
$1,416 per month
- Principal and interest
- $1,416
- Property tax
- $20
- Condo fees
- $95
- Estimated monthly cost
- $1,531
Your mortgage
- Mortgage amount
- $255,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $169,014
Cash to close
- Down payment
- $63,980
- Land transfer tax
- $3,274
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $67,254
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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