$675,000

For sale

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515 Bay Street, Kenora (Keewatin) - Single Family for Sale

515 Bay Street, Kenora (Keewatin), Ontario, P0X1C0

3 beds3 baths4 parking ft²

613 Front Street, Kenora (Keewatin), Ontario, P0X1C0

3 bd2 ba2 pk1,300 ft²Lot size 60 × 100 ft (6,000 sq ft)

Listed by Shelley Torrie Home and Cottage Realty

605 Ninth Street, Kenora (Keewatin), Ontario, P0X1C0

For salePrice drop

30 days ago

$510K$520K

↓ $10K (2%) price drop

605 Ninth Street, Kenora (Keewatin), Ontario, P0X1C0

4 bd2 ba6 pk1,750 ft²Lot size 113 × 118 ft (13,310 sq ft)

Listed by Century 21 Northern Choice Realty Ltd.

108 Ottawa Street, Kenora (Keewatin), Ontario, P0X1C0

For sale

71 days ago

$3.25M

108 Ottawa Street, Kenora (Keewatin), Ontario, P0X1C0

4 bd4 ba

Listed by Century 21 Northern Choice Realty Ltd.

For sale

72 days ago

$3.25M

108 Ottawa Street, Kenora (Keewatin), Ontario, P0X1C0

4 bd4 ba

Listed by Century 21 Northern Choice Realty Ltd.

Investment analysis

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$675,000

Kenora

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Overview

This 3-bedroom, 3-bathroom home in Kenora is for sale offering roughly 3,250 sq ft of space. Listed at $675,000, it is attractively priced about 29% below the $947,000 median asking price in Kenora. It has been on the market 63 days, fresher than the Kenora average of 132 days.

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Description

3+ bed/3 bath custom-built 3000+ s/f home offering many extras including a 620 sf California Room for entertaining & additional living space with access to fenced-in garden oasis situated on 1/3 acre fully serviced lot just a hop, skip & a jump to Keewatin Beach, Community Garden & all amenities that Keewatin has to offer. Custom kitchen with granite, 2 fireplaces, central air, exceptional primary bedroom suite with two-sided gas f/p, 6 pc ensuite, massive walk-in closet & private balcony... Pride in ownership is evident in this meticulously maintained uniquely designed one-of-a-kind home! Two additional abutting lots are included in this sale providing ample space for an oversized garage/workshop. (id:66096)

Property Details

MLS®: X13738782
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Parking: 4
Interior Size: 3,250 ft²
Lot Size: 150 × 107 ft (15,943 sq ft)
Frontage: 150 ft
Storeys: 2
Basement: Crawl space
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Wall unit
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $5,491.52/yr
Listed: 63 days ago

Rooms

Main level

Kitchen: 6.02 x 2.74 meters
Laundry room: 2.29 x 1.52 meters
Bathroom: 6.1 x 3.43 meters
Sunroom: 10.36 x 4.72 meters
Dining room: 4.42 x 3.4 meters
Living room: 7.01 x 4.42 meters
Foyer: 4.88 x 3.35 meters
Office: 3.05 x 2.13 meters
Bathroom: 2.74 x 2.29 meters
Bedroom 4: 4.72 x 3.05 meters

Second level

Primary Bedroom: 6.1 x 5.49 meters
Other: 10.36 x 2.44 meters
Bedroom: 4.19 x 3.96 meters
Bedroom 2: 3.66 x 2.74 meters
Bathroom: 2.44 x 2.34 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Water meter, Central Vacuum, Range, Dryer, Freezer, Garburator, Oven - Built-In, Water Treatment, Window Coverings, Water Heater
Exterior: Stucco
Lot Features: Ravine, Rolling, Trash compactor, Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

63d

Kenora (Keewatin) listings, avg age

132d

Price / ft²

$208

List price

$675K

Homes here sell close to asking price

Homes in this market sold for an average of 102.2 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (P0X)

This home lists at $675,000, about 8.9× the local median household income of $75,500.

Carrying it typically needs a household income of about $131,851 (20% down, 25-yr amortization, stress-tested) — roughly 75% above the area median.

Median household income: $75,500
Population: 8,410
Median age: 43.6
Owner / renter: 91% / 9%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA P0X)

$675,000· $208/ft²

For sale

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Full Cost Breakdown

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Down Payment6.30% · $42,500.00

Min 6.30%50%

Mortgage payment$3,507/mo

↳ CMHC premium ($25,300 capitalized)

Property tax (est.)$458/mo

Total monthly$3,964

Cash Needed to Close

Down payment (6.30%)$42,500

Land transfer tax$9,975

Est. closing costs$4,525

Total cash needed$57,000

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515 Bay Street, Kenora (Keewatin) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (P0X)

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Full Cost Breakdown