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5 Church ST

5 Church ST

Red Lake, Ontario

  • Other
$224,500

Primely located, this unique property offers all kinds of usable space. Current owner was operating a dance studio, but options are limitless! In the upstairs portion, there is a large open room with plenty of natural light and features new flooring and paint, as well as a smaller side room and storage room (which has potential to be converted to another bathroom). Downstairs there is a mudroom section, a foyer with new flooring, mens and womens washrooms, a large open hall, as well as a spacious kitchen complete with a commercial grade oven. Perhaps you have dreams of opening a business, but need the space, or maybe you consider renting out the space, or creating dual use with converting part of the space into a residential unit. Potential, potential, potential. The building has a newer central air unit and is heated by natural gas, which means utilities are afforable. Outside there is a nice sized green space, and a bell town, converted to storage, and a paved parking lot. Book your private showing of this unique property today!

Price History

Schools

Elementary

  • École catholique des Étoiles-du-Nord0.6 km

    French Catholic · CSDC des Aurores boréales

  • Red Lake Madsen Public School0.7 km

    Public · Keewatin-Patricia DSB · 155 students

    Grade 3 reading: 93% met the provincial standard · Grade 6 math: 53% met the provincial standard

  • St John School1.2 km

    Catholic · Kenora CDSB · 135 students

    Grade 3 reading: 67% met the provincial standard · Grade 6 math: 15% met the provincial standard

Secondary

  • Red Lake District High School1.2 km

    Public · Keewatin-Patricia DSB · 270 students

    Grade 10 literacy: 89% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area P0V

Population
22,944
Private dwellings
9,106
Median age
30.8
Average household size
3.1
Median household income
$71,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Other in Red Lake · last 12 months

Median sold price
$256,000
Homes sold
11
Median days on market
24
Sale-to-list price
94.5%

Based on 11 recorded sales of other properties in Red Lake over the last 12 months.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$44,900

Estimated Monthly Payment

$1,103

Land transfer tax

Estimated land transfer tax$1,970

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,103/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $56/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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