Sold for:Sold Dec 13, 2024
$419,900

856 Fourth Avenue South

Kenora (Lakeside), ON P9N 2A1

Multiplex SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 856 Fourth Avenue South, Kenora, Lakeside

2024-10-28
2024-12-13
Sold
Price
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MLS#
x13265882

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 856 Fourth Avenue South, Kenora, Lakeside

Summarized Description

  • Charming duplex with great income potential.
  • Main floor offers open-concept living space.
  • Partially finished basement with cozy rec room.
  • Fenced backyard with garden and storage shed.
  • Upper unit includes small deck for relaxation.
  • Ideal for investors seeking supplemental income.
  • Ample off-street parking available for tenants.

Investment Opportunity in Lakeside! Discover the perfect investment property—a charming duplex in Lakeside with great income potential! This 1750 sq ft duplex offers flexibility, allowing you to live on the main floor while renting out the upper unit. The main floor unit offers 1112 sq ft and features an open-concept kitchen, dining, and living area, ideal for relaxed living. It includes 2 bedrooms, an office or nursery, and a spacious 4-piece bathroom with a soaker tub. The partially finished basement extends your living space with a cozy rec room and gas fireplace, a 2-piece bathroom, a laundry room, and plenty of storage. Outside, enjoy a fenced-in backyard with a garden, storage shed, and ample off-street parking. The upper unit spans approximately 640 sq ft and includes 2 bedrooms, a 4-piece bathroom, and a living/dining area off the kitchen. Tenants can enjoy a small deck for outdoor relaxation. Don’t miss this versatile duplex with excellent rental potential—ideal for investors or those looking for supplemental income! Heat: Natural gas Furnace Heat Costs: Taxes: $3161.66/2024 Chattels: Main floor Unit: Fridge, Stove, Dishwasher, washer, dryer, Upper Unit: Fridge, Stove Possession: negotiable

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,162
Land Transfer Tax Fee
$4,873

Rental Items

Rental Equipment
none

Basement Type
Full

Interior Features

Interior Extras
Other
Fireplace/Stove
No
Fireplace Features
Natural Gas
Elevator
No

Exterior Features

Pool
None
Property Features
Fenced Yard

Building

Building Type
Multiplex

Construction

Exterior Finish
Vinyl Siding
Roof
Metal
Foundation Details
Poured Concrete
Special Designation
Other

Lot

Lot Front
50.00 ft
Lot Depth
150.00 ft

Inclusions

Inclusions
Main floor Unit: Fridge, stove, dishwasher, washer, dryer, Upper Unit: Fridge, stove

Parking & Garages

Garage Type
None
Garage Spaces
0

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Other
Water
Municipal
Sewers
Sewer

Municipality
Kenora
Neighbourhood
Lakeside
Main cross streets
Kuby's Aircraft
Directions
Kuby's Aircraft

MLS® number
X13265882
Data source
tbay
Status change
2024-12-13
Listed on
2024-10-28
Days on market
46 days
Co-op commission
2.5%
Seller
Listed by
CENTURY 21 NORTHERN CHOICE REALTY LTD.

Home Market Value

Current home valuation for 856 Fourth Avenue South, Kenora, Lakeside, Kenora, ON. Listed for $419,900

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Estimated Sales Range

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HOMEH Estimate for 856 Fourth Avenue South, Kenora, Lakeside

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Kenora, ON
Minimum Down Payment Required:5.0%

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Minimum down payment

$20,995

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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%
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+CMHC insurance
$15,956$11,715$9,994$0
=Total mortgage
$414,861$389,625$366,909$335,920
Amortization
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Payment frequency
=Mortgage payment
$2,026monthly$1,902monthly$1,791monthly$1,640monthly
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Land Transfer Tax

Provincial

$4,873

Total Land Transfer Tax

$4,873

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