$599,900
Est. payment $2,656/moCalculate yours
617 First Street S, Kenora, ON P9N 1E1
Central, Kenora, ON P9N 1E1
- 5 Beds
- 4 Baths
- 1,500 Sq Ft
Listing courtesy of REMAX NorthWest Realty Ltd. MLS® X13780586
About this home
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.
Property details
Overview
- Property Type
- Fourplex
- Style
- 2-Storey
- For
- For Sale
- Status
- Sold Conditional
- Size
- 1,500 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 4
- Kitchens
- 4
- Basement
- Apartment, Separate Entrance, Finished
Building & Systems
- Heating
- Radiant (Gas)
- Cooling
- None
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete, Stone
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 50 x 150 Feet
- Parking
- None garage · 4 total
- Zoning
- R2
Financial
- Property Taxes
- $3,992 (2026)
Location
- Neighbourhood
- Central
- Cross Street
- 6th Avenue South and 7th Avenue South
- Direction Faces
- South
Listing
- MLS® Number
- X13780586
- Days on Market
- 34
- Listed On
- 2026-09-14
- Listed By
- REMAX NorthWest Realty Ltd.
Features
Interior
- Separate Heating Controls
- Separate Hydro Meter
- Storage
- Water Heater
- Water Meter
Property
- Rec./Commun.Centre
- School
- School Bus Route
Pool
- None
- Included
- 4 Fridges, 4 Stoves, 2 Stackable W/D Units, 2 Clothes Washers, 2 Clothes Dryers, Window Coverings
- Rental items
- Hot water tank
Mortgage calculator
Estimated mortgage payment
$2,656 per month
- Principal and interest
- $2,656
- Property tax
- $333
- Condo fees
- $0
- Estimated monthly cost
- $2,989
Your mortgage
- Mortgage amount
- $479,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $316,948
Cash to close
- Down payment
- $119,980
- Land transfer tax
- $8,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $128,453
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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