209 Second Street, Kenora

$799,000
209 Second Street

$799,000

Price Change
477d
Investment

209 Second Street, Kenora

Total Monthly Obligation $4,221

Beds
0
Baths
6
Park
0
DOM
477d
Property Type-Investment
MLS® Number-X13256416
Beds-0
Bathrooms-6
Lot Size-65.4 × 50 ft
Listed on site-Jul 3, 2025
Building Type-Investment
Taxes-$7,478 (2022)
Parking-None
Basement-Yes, Full
Heating-Other (Gas)
Brokerage-RE/MAX NORTHWEST REALTY LTD.
Cooling-Yes
Fireplace-No
Pool-None
Facing-South
Exterior-Metal/Steel Siding, Wood
Roof-Other
Foundation-Stone
Sewer-Sewer
Neighbourhood-Downtown
Title-Commercial

No agent assigned

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.

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Closing Costs

Mortgage Amount
$639,200
Land Transfer Taxes$12,455
Legal Fees (Est.)
$
Total cash required for closing$173,755

Total Monthly Obligation

$4,221/mo
Mortgage $3,223
Monthly Loss $3,373
Principal$848
Interest$2,375
Property Tax$623
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 209 Second Street

Time

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