4 Fifth Street, Red Lake, ON

$549,000
MLS#:X13479648
6 beds
3 baths
Residential Freehold
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Property Highlights

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.

  • 6 Bedrooms and 3 Bathrooms
  • Premium 103.34 x 99.65 ft lot size
  • Features a partial basement, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • Convenient other garage included
  • Notable attributes: Storage, Other
  • equipped with other central cooling and highly efficient other heating via gas

Description

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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Key Features

Bedrooms
6
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/22/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionOther
BasementPartial Basement, Unfinished
Lot Size103.34 × 99.65 Feet
CountyKenora
Annual Tax$3,055.14
Legal DescriptionPin:420120794 Legal Description:PCL 4589 SEC DPF SRO; LT 248 PL M304; RED LAKE Pin:420120793 Legal Description:PCL 6000 SEC DPF SRO; PT BLK E PL M304 PT 1, 23R9581; RED LAKE

Parking & Garage

Garage TypeOther

Heating & Cooling

Heat SourceGas
Heat TypeOther
CoolingOther

Features

Property Features

Interior Features

Storage, Other

Security Features

Community Features

Location

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4 Fifth Street, Red Lake, ON

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 4 Fifth Street, Red Lake, ON P0V 1C0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$439,200
Monthly Mortgage$2,552
Property Tax (Est.)$255
Utilities & Maint.$350
Total Monthly Cost$3,157

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Red Lake.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Red Lake.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$287,413

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Red Lake Madsen
Public201 Howey Street, Red Lake, Ontario, P0V 2M0
10.0
St John
Public54 Discovery Road, Red Lake, Ontario, P0V 2M0
5.1

Secondary Schools

Red Lake
Public60 Highway 105, Red Lake, Ontario, P0V 2M0
3.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.