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$399,000
Kenora Remote Area
18808 Hwy 17, Kenora Remote Area (Oxdrift), Ontario, P0V2J0
This 4-bedroom, 2-bathroom home in Kenora Remote Area is for sale. Its $399,000 asking price sits right in line with the $399,000 median in Kenora Remote Area.
Turnkey Commercial Property with Residential & Retail Income ? Prime Hwy 17 Exposure in Oxdrift, ON Exceptional investment opportunity on just under 1 acre of land, ideally located along the high-visibility corridor of Highway 17 with additional access via Adams Road. This versatile, income-generating property features a well-maintained 2+1 bedroom residential home, an attached fully operational general variety store, and an additional 1-bedroom rental unit with private entrance?perfect for owner-occupancy, rental income, or staff housing. The commercial storefront is a hub for the local community and travelers alike, offering gasoline and diesel sales, a fully stocked variety store, LCBO outlet, Canada Post services, lottery tickets, and MNR licensing?a rare combination that drives steady foot traffic and consistent revenue. Included on the property is a 20' x 44' insulated workshop equipped with a floor hoist and pit?ideal for automotive use, mechanical work, or additional business ventures. Whether you're an entrepreneur looking to run your own business, a savvy investor seeking cash flow, or a family interested in live/work potential?this property delivers exceptional flexibility and value. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 485 days on market, against an average age of 295 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 77 days on the market over the past year, against a median of 48 days across the markets we publish.
This 4-bed single family in Kenora Remote Area (Oxdrift) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $399,000, about 5.6× the local median household income of $71,500.
Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — roughly 9% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0V)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.