209 SECOND STREET, Kenora (Downtown)

$799,000

For sale: Multiplex

Multiplex at 209 SECOND STREET, Kenora (Downtown)
Property type
Investment
Bedrooms / bathrooms
6 bathrooms
MLS®
MLS® X13256416
Neighbourhood
Downtown

Opportunity is Knocking! – This is one of Kenora's iconic landmarks set in a prime downtown location just steps from the crossroads of Main St and Second St. The building has seen extensive upgrades over the years and presents a strong investment opportunity with solid commercial tenant already established on the main floor. The property features three commercial spaces on the main floor and three spacious apartments on the upper level (2 two-bedroom units and 1 one-bedroom unit). The right-side main floor commercial unit is currently vacant and ready for a new tenant, providing immediate leasing potential, while the remaining units on both levels are currently leased and/or rented.Highlights include numerous upgrades over the years including improvements to the heating system, roof, new rear access, and renovations to two of the apartments, along with many other updates throughout.A great investment opportunity in the heart of Kenora with strong rental potential and excellent long-term value. Call today to schedule a viewing.

Sold data

Homes in Kenora (Downtown) — recent sold market

Homes in Kenora (Downtown) took a median of 21 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 39, across 68 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 22 days.

The median sale price was $377,000.

Sellers typically achieved close to their full asking price.

About 51% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
21
Median sale price
$377,000
Sale-to-list ratio
100.0%
Sold above asking
51%

Based on 68 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Kenora (Downtown)

Kenora (Downtown) has 7 Fraser Institute–rated schools (5 elementary and 2 secondary), averaging 4.4/10.

Rated schools
7
Elementary
5
Secondary
2
Average rating
4.4 / 10

Top-rated schools in Kenora (Downtown)

  • Ste Marguerite Bourgeoys — elementary, KenoraFraser rating 7.3/10
  • Valleyview — elementary, KenoraFraser rating 6.0/10
  • St. Thomas Aquinas — secondary, KenoraFraser rating 5.8/10
  • Pope John Paul II — elementary, KenoraFraser rating 4.1/10
  • Beaver Brae — secondary, KenoraFraser rating 3.4/10
  • Evergreen — elementary, KenoraFraser rating 2.4/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 209 SECOND STREET