617 First Street
Kenora, ON
- 5 bed
- 4 bath
- approx. 1500-2000 sqft
- Fourplex
Looking for a solid income-producing property? This well-maintained and upgraded fourplex offers an excellent opportunity to step into the rental market or add a strong performer to your existing investment portfolio. Offering good cash flow with minimal management, the property features three one-bedroom apartments and one two-bedroom apartment, with each unit enjoying the convenience of its own in-suite laundry. Location is another major advantage. Situated in Kenora's desirable Central neighbourhood, the property is near the newly redeveloped Central Community Club and just steps from downtown Kenora, Lake of the Woods, shopping, restaurants, services and amenities - an attractive and convenient location for tenants. Whether you're a first-time investor looking to build equity and generate passive income or an experienced landlord searching for your next rental property, this fourplex offers an appealing combination of income, location and ease of ownership. Put your money to work for you - call today to arrange your private viewing!
Listing Details
- Taxes (2026)
- $3,992
- Listed
- September 14, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Stucco (Plaster)
- Roof
- Asphalt Shingle
- Foundation
- Concrete, Stone
- Interior
- Separate Heating Controls, Separate Hydro Meter, Storage, Water Heater, Water Meter
- Lot Size
- 50 x 150 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- 6th Avenue South and 7th Avenue South
- Zoning
- R2
- Parcel Number
- 421640019
- Possession
- 30-59 days
- Occupancy
- Tenant
Included
- Inclusions
- 4 Fridges, 4 Stoves, 2 Stackable W/D Units, 2 Clothes Washers, 2 Clothes Dryers, Window Coverings
- Rental Items
- Hot water tank
Schools
Elementary
- Golden Learning Centre0.3 km
Public · Keewatin-Patricia DSB · 185 students
Grade 3 reading: 95% met the provincial standard · Grade 6 math: 65% 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
Residential Freehold in Kenora · last 12 months
- Median sold price
- $426,917
- Homes sold
- 77
- Median days on market
- 17
- Sale-to-list price
- 102.5%
Based on 77 recorded sales of residential freehold properties in Kenora over the last 12 months.
Listed by
Re/Max NorthWest Realty Ltd.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$119,980
Estimated Monthly Payment
$2,947
Land transfer tax
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: $2,947/mo (20% down, 5.5%)
Taxes: $333/mo · Insurance: $150/mo
Estimates only. Consult a financial advisor.
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