$250,000
For sale: Other

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 (TB-401) took a median of 28 days to sell over the last 365 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 41, across 85 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.
The median sale price was $249,900.
Sellers typically achieved close to their full asking price.
About 45% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 85 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 (TB-401) 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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