$875,000
For sale: Other

Rare Waterfront Commercial Development Opportunity Positioned to capture beautiful west-facing sunsets, this unique commercial waterfront property offers deep-water frontage and exceptional redevelopment potential on Lake of the Woods. Whether your vision is a commercial marina, waterfront business, mixed-use development, or another commercial venture, the foundation is already in place. The property includes new Poralu floating docks installed in 2018, a Water Lot, and a Land Use Permit, providing valuable infrastructure for future development. The site encompasses approximately 48 x 56 metres (28,731 sq. ft.) of combined land and water area, offering ample room to create a distinctive waterfront destination. There is also potential to develop additional mainland parking and docking facilities, further enhancing the property's versatility and long-term value. Two existing buildings are located on the property and are being sold as shell structures, allowing the next owner complete flexibility to design and finish the space to suit their own requirements. Please note that the Seller has advised there are no keys available for the buildings, as the interiors can be viewed through the windows. Commercial waterfront opportunities with deep water, established docking infrastructure, and significant redevelopment potential are increasingly difficult to find. Bring your imagination and discover the possibilities this exceptional property has to offer.
Sold data
Homes in Kenora took a median of 16 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 23, across 69 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.
The median sale price was $379,900.
Homes sold for about 2.3% above asking on average.
About 58% of sales closed above the list price.
Around 10% of sellers reduced their price before finding a buyer.
Based on 69 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
Kenora has 7 Fraser Institute–rated schools (5 elementary and 2 secondary), averaging 4.4/10.
School ratings from the Fraser Institute's Ontario school report cards.
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