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209 Second ST

209 Second ST

Kenora, Ontario

Other

$799,000

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.

Price History

Schools

Elementary

  • King George VI Public School0.8 km

    Public · Keewatin-Patricia DSB · 245 students

    Grade 3 reading: 74% met the provincial standard · Grade 6 math: 30% met the provincial standard

  • Evergreen Public School1.5 km

    Public · Keewatin-Patricia DSB · 135 students

    Grade 3 reading: 50% met the provincial standard · Grade 6 math: 6% met the provincial standard

  • Beaver Brae Intermediate School2.2 km

    Public · Keewatin-Patricia DSB · 240 students

Secondary

  • Beaver Brae Secondary School2.2 km

    Public · Keewatin-Patricia DSB · 560 students

    Grade 10 literacy: 63% met the provincial standard

  • St Thomas Aquinas High School3 km

    Catholic · Kenora CDSB · 365 students

    Grade 10 literacy: 81% 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 P9N

Population
14,088
Private dwellings
7,180
Median age
43.6
Average household size
2.3
Median household income
$83,000

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 Kenora · last 12 months

Median sold price
$399,000
Homes sold
47
Median days on market
17
Sale-to-list price
103.4%

Based on 47 recorded sales of other properties in Kenora over the last 12 months.

Location

Mortgage Calculator

$159,800

Estimated Monthly Payment

$3,925

Investment Analysis

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

Mortgage: $3,925/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $200/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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