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150 Main Street South

150 Main Street South

Kenora, Ontario

  • Other
$780,000

Prime Downtown Kenora Commercial Opportunity - A Landmark Property With Limitless Potential. Ideally positioned in the very heart of Downtown Kenora, this exceptional commercial property sits proudly on Main Street with direct access to Kenora’s Harbourfront. It’s a location that simply can’t be replicated - high visibility frontage paired with one of the most iconic views in the city. Upon closing, the entire main level and the front portion of the lower level will be available for lease or for your next business venture. Whether you’re an investor seeking strong rental income or an owner-operator looking for a flagship location, the flexibility here is unmatched. "Nancy's on the Lake" operates from the lower level with direct Harbourfront access and comes with a current lease in place, providing immediate, reliable income. The top floor features a beautifully appointed 1,400 sq ft, 3-bedroom, 2-bath luxury residence - vacant on closing and ready for immediate rental income or your own private retreat. Highlights include: a gourmet chef’s kitchen, 4 skylights that flood the space with natural light, gleaming hardwood floors, a 3 season sunroom and a private deck with sweeping lake views. It’s a rare blend of commercial opportunity and upscale residential living under one roof. With General Commercial zoning, the possibilities are extensive. The layout supports up to 3 separate businesses, with the main floor accommodating 2 commercial operations and the lower level offering an existing lease for immediate income. Bonus opportunity: the current main floor business’ inventory is available for purchase, allowing you to "hit the ground running" from day one! Here is your chance to own a piece of Kenora history and its vibrant future all at the same time! Its combination of Main Street prominence, Harbourfront access, luxury residential space, and flexible commercial configuration makes it a standout opportunity.

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
$415,000
Homes sold
57
Median days on market
17
Sale-to-list price
103.4%

Based on 57 recorded sales of other properties in Kenora over the last 12 months.

Walk Score

76

Walk

49

Bike

Scores by Walk Score®

Mortgage Calculator

$156,000

Estimated Monthly Payment

$3,832

Land transfer tax

Estimated land transfer tax$12,075

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: $3,832/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $195/mo

Estimates only. Consult a financial advisor.

R

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