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2 Bed, 1 Bath Detached Home in Rainy River
About 216 Sixth Street
Affordable opportunity with incredible expansion potential in the quiet, welcoming community of Rainy River! This charming two-bedroom home is a fantastic starting point for a first-time buyer, downsizer, or investor looking for a property with great potential. The home needs some light updating but requires no extensive work to truly make it your own. The functional layout features a smaller second bedroom with laundry plumbing that can easily be relocated to the unfinished basement if you prefer. Outside, a back lane provides convenient parking access to a small storage shed, while the good-sized yard showcases a beautiful, mature apple tree-perfect for gardening, relaxing, or entertaining.Adding immense value to this package, the seller also owns the adjacent property directly to the South. Featuring a solid detached garage and a structure that is a likely tear-down, this neighbouring parcel offers a rare chance to expand your lot, build fresh, or create a custom multi-property compound. The highly motivated seller is willing to negotiate a package deal to sell both properties together, making this a unique, high-potential opportunity just a short walk from the riverfront, boat dock, excellent fishing, and the Canada-U.S. border. Don't miss out on owning a home-or two-at a very reasonable price.
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $127 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 216 Sixth St
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
< 700 sq ftas stated on the listing
Parking
2 spaces
Basement
Unfinished
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
216 Sixth 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® X13771256$89,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 216 Sixth 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
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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
$437
/mo
based on the purchase price of $89,000
$17,800 cash
$71,200 financed
$59,969 total interest
Principal54%$71,200
Interest46%$59,969
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
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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 216 Sixth St
Homes for sale in Rainy River
Every active Rainy River MLS® listing, updated all day.
Average days on market53Homes sold in about 53 days on average.
Sale-to-list ratio93.9%On average, homes sold below asking.
Active listings7Homes for sale here right now.
Based on 5 sales from Jul 31 – Oct 29, 2026. Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 216 Sixth St
How much is 216 Sixth St listed for?
216 Sixth St is listed at $89,000 (MLS® X13771256). Summitly updates the price as soon as the MLS® record changes.
Has the price of 216 Sixth St changed?
No — 216 Sixth St is still listed at its original asking price of $89,000.
How many bedrooms and bathrooms does 216 Sixth St have?
216 Sixth St has 2 bedrooms and 1 bathroom, with about 700 square feet of living space. It is a detached home in Rainy River.
How much would the monthly mortgage be on 216 Sixth St?
About $437 a month — principal and interest on $89,000 with 20% down ($17,800), 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.
How does 216 Sixth St compare with other homes in Rainy River?
Its asking price of $89,000 is about 55% below the median sold price in Rainy River over the last 90 days, $199,000, across 5 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 216 Sixth St been sold before?
Summitly has no earlier MLS® sale or lease of 216 Sixth St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 216 Sixth St?
216 Sixth St is in Rainy River, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 216 Sixth St been on the market?
49 days — 216 Sixth St was listed on September 10, 2026.
What is the price per square foot of 216 Sixth St?
About $127 per square foot: the asking price of $89,000 over the 700 sq ft the listing gives.
Does 216 Sixth St have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 216 Sixth St have a basement, and is it finished?
The listing describes the basement as: Unfinished.
What is the land transfer tax on 216 Sixth St?
About $615 in Ontario land transfer tax at the asking price of $89,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
