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305 5 Bay Road

305 5 Bay Road

Kenora, Ontario

  • 1 bed
  • 1 bath
  • Single Family
$524,500

Welcome to Island View Condominiums-where carefree waterfront living awaits you. This 915 sq.ft. condo is move-in ready and thoughtfully designed for comfort and convenience. As you step inside, the 1 bedroom plus a spacious den/bedroom floor plan draws you toward its expansive panoramic water views. Sunlight pours in the open-concept living space creating a warm, uplifting atmosphere. The space flows onto a large covered private balcony-your personal retreat for your morning brew, el fresco dining, evening unwind or simply soaking in the beauty of the lake. The kitchen overlooks the living room out to the lake vista. It is well designed offering bar seating, generous cabinetry and counter space and a new dishwasher. The charming dining area, adjacent to the kitchen, provides the perfect spot for everyday meals and entertaining. The spacious primary bedroom is a serene escape, featuring a convenient walk-through closet leading to the 4pc bath and in suite laundry. With direct access to the balcony, imagine stepping outside to greet the sunrise over the water without ever leaving your room! The unit also has a large storage/multipurpose room and comes with a heated indoor parking stall and an assigned dock slip making it easy to spend days boating on the LOTW. Residents also enjoy an impressive array of amenities including an entertainment lounge with a small kitchen, fitness room, sauna and a generous lakeside patio with a BBQ. Ideal for larger gatherings. Ideally situated near the Rotary Splash Park, Norman Beach, various scenic walking trails and just minutes from downtown Kenora, this location offers the ideal blend of tranquility and convenience. Whether you’re beginning your condo journey or searching for the perfect fit, this exceptional waterfront condo is one you won’t want to miss!

Price History

Schools

Elementary

  • St Louis Separate School2.4 km

    Catholic · Kenora CDSB · 125 students

    Grade 3 reading: 87% met the provincial standard · Grade 6 math: 60% met the provincial standard

  • Keewatin Public School2.7 km

    Public · Keewatin-Patricia DSB · 165 students

    Grade 3 reading: 56% met the provincial standard · Grade 6 math: 30% met the provincial standard

  • King George VI Public School3 km

    Public · Keewatin-Patricia DSB · 245 students

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

Secondary

  • Beaver Brae Secondary School4.6 km

    Public · Keewatin-Patricia DSB · 560 students

    Grade 10 literacy: 63% 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

Single Family in Kenora · last 12 months

Median sold price
$415,000
Homes sold
58
Median days on market
17
Sale-to-list price
103.0%

Based on 58 recorded sales of single family properties in Kenora over the last 12 months.

Walk Score

36

Walk

30

Bike

Scores by Walk Score®

Mortgage Calculator

$104,900

Estimated Monthly Payment

$2,577

Land transfer tax

Estimated land transfer tax$6,965

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: $2,577/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $131/mo

Estimates only. Consult a financial advisor.

R

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