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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 22 days

    D550 Dam Road

    Rainy River Remote Area, ON·P0W 1E0·Near Highway 71 to HWY 615 and follow east and continue north to Dam Road to Hideaway sign.

    • 2 baths
    • 0
    Rainy River Remote Area real estate›X13250756
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Rare opportunity to own a legacy fishing lodge in Northwestern Ontario! Established in 1929, this well-maintained drive-in lodge is located on the highly sought-after Clearwater–Pipestone Chain of Lakes, just north of Emo, ON, approximately one hour from the Fort Frances/International Falls border. Situated on nearly 6 acres of prime lakefront with sandy beach and stunning Northwestern Ontario scenery, this turnkey property offers exceptional business, retreat, or private ownership potential. Features include 5 fully furnished waterfront rental cabins, main lodge, 35-bed total capacity in main camp cabins, plus 2 licensed remote outpost cabins accommodating 8 & 10 guests. Ideal for fishing groups, corporate retreats, wellness getaways, large family gatherings, or cooperative ownership. Property highlights include new septic system, updated water system, Starlink high-speed internet, sauna, fish-cleaning facilities, laundry house, garage/workshop, docks in good condition, and turnkey cabins in excellent condition. Sale includes 7 Lund boats with 50HP Yamaha four-stroke motors, 6 smaller portage/outpost boats, ice maker, furnishings, linens, kitchen supplies, inventory, and remaining merchandise.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    May 22, 2026Previously listedNew$1,500,000 —X13250728View
    May 22, 2026ListedCurrentFor sale$1,500,000 —X13250756This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Other
      Air conditioning
      Other
      Water source
      Other
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 D550 Dam Road
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $7,369
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $163
    0.13% mill rate · ON
    The market

    How this home sits in the Rainy River Remote Area market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Rainy River Remote Area market right now

    Average sold price, days on market, and closed-transaction count for Rainy River Remote Area — sourced from MLS®.

    • Avg sold price
      $90,000
      Last 30 days
    • Median sold price
      $90,000
      Middle of the market
    • Days on market
      7 d
      Avg from list to close
    • Closed last 30d
      1
      MLS® transactions
    Full Rainy River Remote Area market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into D550 Dam Road — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at D550 Dam Road and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is D550 Dam Road listed for?

      D550 Dam Road is listed at $1,500,000 on the MLS® (listing X13250756). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does D550 Dam Road have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. Sale Of Business
  2. Asking
    $1,500,000
    MLS® X13250756
    Chat Zara
  3. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $90,000
    $82,800Confidence range$97,200
    Asking vs estimate
    ↑↑well-above
    +$1,410,000
    (+1566.7%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Rainy River Remote Area sell in about 7 days — this one has been listed 22 days.

    Avg sold price
    $90,000
    Median sold
    $90,000
    Avg days on market
    7
    Recently sold
    1
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    Rare opportunity to own a legacy fishing lodge in Northwestern Ontario!
  4. Sale includes 7 Lund boats with 50HP Yamaha four-stroke motors, 6 smaller portage/outpost boats, ice maker, furnishings, linens, kitchen supplies, inventory, and remaining merchandise.
  5. Ask Zara a follow-up
    Holding Tank, Septic, Other
  6. Parking & garage

    1
    Garage
    None
  7. Interior

    1
    Basement
    Yes
  8. Exterior & construction

    5
    Exterior
    Wood
    Roof
    Metal
    Foundation
    Post & Pad, Block
    Waterfront
    Y
    Pool
    None
  9. Listing & possession

    3
    Occupancy
    TBA
    Property style
    With Property
    Property class
    Sale Of Business
  10. Combined estimate
    $7,532
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $7,369
    /mo
    based on the purchase price of $1,500,000
    $300,000 cash
    $1,200,000 financed
    $1,010,715 total interest
    Monthly payment$7,369/ month
    Principal54%$1,200,000
    Interest46%$1,010,715

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  11. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  12. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  13. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  14. Public listing courtesy of RE/MAX NORTHWEST REALTY LTD. · displayed on Summitly per MLS® data-share rules

    D550 Dam Road is a 2-bath. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  15. When was D550 Dam Road built?

    The year built for D550 Dam Road isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  16. What is the property tax for D550 Dam Road?

    The 'Property tax' tab in the History section shows the most recent annual tax for D550 Dam Road plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  17. How much would the monthly mortgage be on D550 Dam Road?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,500,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  18. Has D550 Dam Road been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of D550 Dam Road with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  19. What neighbourhood is D550 Dam Road in?

    D550 Dam Road is in Rainy River Remote Area, Rainy River Remote Area. The 'Neighbourhood' section below links to the live Rainy River Remote Area real estate hub with average sold price, days on market, and current inventory.

  20. Is Rainy River Remote Area a good place to live?

    Rainy River Remote Area is one of ON's actively-tracked Summitly markets. The full Rainy River Remote Area real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.