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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
2 Bed, 1 Bath Detached Home in Rainy River
About 108-106 Third Street
Just Listed-Beautiful home in rainy river! Steps from the River Walk and Park! Don't miss this beautifully maintained 2-bedroom home with plenty of space, flexibility, and charm! One of the standout features is the great bonus room/workshop, that was built as part of the garage, with a great entrance into the main floor. It is perfect for projects, crafts, a home office, hobby space, or whatever suits your lifestyle. The huge country-style kitchen offers loads of room for cooking, entertaining, and gathering with family and friends. The bright, welcoming living room provides a comfortable space to relax and enjoy the natural light.Need more space? The basement offers excellent storage and is ready for you to develop further according to your needs and ideas. Outside, you'll love the big back patio, perfect for enjoying summer evenings, entertaining, or simply relaxing. The property sits on a double lot, offering plenty of outdoor space and privacy. And there's even an attached garage and a separate storage shed for convenience and additional storage. Fantastic location in Rainy River - just a stone's throw from the River Walk! Immaculately maintained This is a beauty - a wonderful home with space, character, and so much potential. Here's your chance to make it yours!
2 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $255 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 108-106 Third St
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Partial Basement
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Partial Basement
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
108-106 Third St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14028968$280,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 108-106 Third St Compares to the Rainy River Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
There isn’t enough local sales data to estimate this home’s value yet. The comparable sales and market numbers are the best guide.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,376
/mo
based on the purchase price of $280,000
$56,000 cash
$224,000 financed
$188,667 total interest
Principal54%$224,000
Interest46%$188,667
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Zara · AI virtual agent
Ask about 108-106 Third St day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 108-106 Third St
Homes for sale in Rainy River
Every active Rainy River MLS® listing, updated all day.
Not enough recent sales in Rainy River to publish sold figures (fewer than 5 in the last 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 108-106 Third St
How much is 108-106 Third St listed for?
108-106 Third St is listed at $280,000 (MLS® X14028968). Summitly updates the price as soon as the MLS® record changes.
Has the price of 108-106 Third St changed?
No — 108-106 Third St is still listed at its original asking price of $280,000.
How many bedrooms and bathrooms does 108-106 Third St have?
108-106 Third St has 2 bedrooms and 1 bathroom, with about 1,100–1,500 square feet of living space. It is a detached home in Rainy River.
How much would the monthly mortgage be on 108-106 Third St?
About $1,376 a month — principal and interest on $280,000 with 20% down ($56,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Has 108-106 Third St been sold before?
Summitly has no earlier MLS® sale or lease of 108-106 Third St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 108-106 Third St?
108-106 Third St is in Rainy River, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 108-106 Third St been on the market?
4 days — 108-106 Third St was listed on October 9, 2026.
What is the price per square foot of 108-106 Third St?
About $187 to $255 per square foot: the asking price of $280,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 108-106 Third St have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.
Does 108-106 Third St have a basement, and is it finished?
The listing describes the basement as: Partial Basement.
What is the land transfer tax on 108-106 Third St?
About $2,675 in Ontario land transfer tax at the asking price of $280,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 108-106 Third St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
