$250,000
For sale: Multiplex

New Listing 4 Apartments and Commercial Space at one of the best locations in the area, corner of Scott Street and Portage Ave, Fort Frances. Excellent signage opportunity and Commercial Zoning will allow most retail, office, commercial and restaurant/pub operations. Currently there are 4 apartments 1-2 bedroom, 1-1 bedroom and 2 studios. The 1 Bedroom Apartment and 2 Studio are rented the 2 bedroom Apartment on the second floor is vacant as is the Commercial space on the main, with access to the full basement under the 2 Storey portion of the building, excellent for storage etc. Perfect opportunity for a family run business with the possibility of living onsite. Also, possibility to convert the Commercial space. Excellent opportunity to develop to your needs and? Come check it out, see how it fits for your goals and needs. Very good value - List Price $250,000. RRD
Sold data
Homes in Fort Frances took a median of 24 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 37, across 76 recorded sales.
The median sale price was $249,900.
Homes sold for about 1.0% above asking on average.
About 53% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 76 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Fort Frances has 4 Fraser Institute–rated schools (3 elementary and 1 secondary), averaging 4.3/10.
School ratings from the Fraser Institute's Ontario school report cards.
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