$159,900
For sale: Vacant Land

A great opportunity to build in one of Kenora's most desirable locations overlooking Rabbit Lake. This oversized 53' x 300' lot offers a gentle grade toward water from the the rear of the property, providing flexibility for a variety of building designs. Municipal water, sewer, and natural gas are already available at the property, making it ready for your next project. Zoned R3, the property has already been approved for a multi-unit residential development, while still offering plenty of potential for those looking to build a custom home. From this location you'll enjoy easy access to Rabbit Lake, nearby beaches, and year-round outdoor recreation, with boating, fishing, skiing, and snowmobiling all close at hand. Whether you're planning a personal residence or an investment property, this is a well-positioned lot with plenty of possibilities.
Sold data
Vacant Land homes in Kenora (Rabbit Lake) took a median of 58 days to sell over the last 730 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 148, across 37 recorded sales.
The median sale price was $149,000.
Homes sold for about 6.5% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 8% of sellers reduced their price before finding a buyer.
Based on 37 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Kenora (Rabbit Lake) 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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