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415 First Street South

Kenora, Ontario

  • Multi-family
$419,900

This well-maintained triplex offers an outstanding addition to any investment portfolio. Ideally located close to downtown amenities, the property features three one-bedroom units and has undergone numerous upgrades over the years, making it ready for immediate occupancy and tenant selection. Designed for ease of ownership, the property offers a low-maintenance exterior, private parking, single garage, a patio area, and furnished units. Recent improvements include updated flooring, shingles, landscaping, bathrooms, and much more. Basement for storage and utility. All units include heat, hydro, and water/sewer services, providing convenience for both owners and tenants. Based on current market rents, the property has the potential to generate approximately $74,400 in annual gross rental income. Whether you are expanding your real estate holdings or entering the investment market, this strong income-producing property is one you won't want to miss. Contact today for more information or to arrange a viewing.

Price History

Schools

Elementary

  • King George VI Public School0.6 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 School1.3 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 km

    Public · Keewatin-Patricia DSB · 240 students

Secondary

  • Beaver Brae Secondary School2 km

    Public · Keewatin-Patricia DSB · 560 students

    Grade 10 literacy: 63% met the provincial standard

  • St Thomas Aquinas High School2.8 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

Multi-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 multi-family properties in Kenora over the last 12 months.

Walk Score

85

Walk

55

Bike

Scores by Walk Score®

Mortgage Calculator

$83,980

Estimated Monthly Payment

$2,063

Land transfer tax

Estimated land transfer tax$4,873

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: $2,063/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $105/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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