Welcome to this remarkable commercial located in the coveted neighborhood of Downtown. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $875,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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. Come and See!
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This commercial located at 405 First Avenue, Kenora is currently for sale and has been available on SousaSells for 65 days. This property is listed at $875,000 with an estimated mortgage of $2,913* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 405 First Avenue, Kenora is in the Downtown neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Downtown, Kenora.
First-time home buyers, professionals, or investors seeking value.
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The current listing price for 405 First Avenue, Kenora, ON in Downtown, Kenora is $875,000.
This property features null bedrooms and null bathrooms.
405 First Avenue, Kenora, ON is a Commercial () featuring a Other basement.
Interior highlights include: Other.
Heating is provided via standard central heat and cooling via Other.
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Downtown, Kenora
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 405 First Avenue S, Kenora, ON P9N 1W2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kenora.
About Purchasing a Home in Kenora, ON
For a property listed at $875,000 in Kenora, the legal minimum down payment is $62,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,975 for this transaction. As this listing is in Kenora (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $13,975.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Downtown, Kenora.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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