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Renanza Realty
For sale

617 FIRST STREET S

Kenora (Central), Ontario

MLS® X13780586

$599,900

Status
Active
Property type
Multi-family
MLS® number
X13780586
Bedrooms
5
Bathrooms
4
Year built

Listing description

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!

Property summary

MLS® number
X13780586
Property type
Multi-family
Building type
Fourplex
Land size
50 x 150 FT
Annual property taxes
$3,991.54
Parking
4 spaces · No Garage
Days on market
2 days

Features & details

Heating
Radiant heat, Natural gas
Cooling
None
Basement
Finished, Apartment in basement, Separate entrance, N/A, N/A, N/A
Appliances
Washer, Refrigerator, Water meter, Stove, Dryer, Window Coverings, Water Heater
Exterior features
Stucco
Lot features
Sloping
Community features
School Bus, Community Centre

What would this home cost you?

Based on the $599,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,791 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Re/Max NorthWest Realty Ltd., Kenora.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.