405 First Ave S is a retail in Kenora, listed for $875,000.
1The property includes new Poralu floating docks installed in 2018, a Water Lot, and a Land Use Permit, providing valuable infrastructure for future development.
2There is also potential to develop additional mainland parking and docking facilities, further enhancing the property's versatility and long-term value.
3Two existing buildings are located on the property and are being sold as shell structures, allowing the next owner complete flexibility to design and finish the space to suit their own requirements.
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Commercial Property in Kenora
About 405 First Avenue South
Rare Waterfront Commercial Development Opportunity Positioned to capture beautiful west-facing sunsets, this unique commercial waterfront property offers deep-water frontage and exceptional redevelopment potential on Lake of the Woods. Whether your vision is a commercial marina, waterfront business, mixed-use development, or another commercial venture, the foundation is already in place. The property includes new Poralu floating docks installed in 2018, a Water Lot, and a Land Use Permit, providing valuable infrastructure for future development. The site encompasses approximately 48 x 56 metres (28,731 sq. ft.) of combined land and water area, offering ample room to create a distinctive waterfront destination. There is also potential to develop additional mainland parking and docking facilities, further enhancing the property's versatility and long-term value. Two existing buildings are located on the property and are being sold as shell structures, allowing the next owner complete flexibility to design and finish the space to suit their own requirements. Please note that the Seller has advised there are no keys available for the buildings, as the interiors can be viewed through the windows. Commercial waterfront opportunities with deep water, established docking infrastructure, and significant redevelopment potential are increasingly difficult to find. Bring your imagination and discover the possibilities this exceptional property has to offer. Come and See!
Kenora retail priced at $875,000 — book a tour to see if it fits your search.
Inside 405 First Ave S
Every detail from the listing, in one place.
Type
Retail
Basement
Other
Features & systems
Interior
Basement
Other
Lot & land
Lot size (sqft)
0.04
Listing & possession
Property class
Commercial Retail
405 First Ave S Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13489380$875,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 405 First Ave S Compares to the Kenora Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market43Homes sold in about 43 days on average.
Sale-to-list ratio101.4%On average, homes sold at or above asking.
Active listings82Homes for sale here right now.
Median vs prior 90 days+19.1%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 90 sales from Jul 24 – Oct 22, 2026 (65 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 405 First Ave S
How much is 405 First Ave S listed for?
405 First Ave S is listed at $875,000 (MLS® X13489380). Summitly updates the price as soon as the MLS® record changes.
Has the price of 405 First Ave S changed?
No — 405 First Ave S is still listed at its original asking price of $875,000.
How many bedrooms and bathrooms does 405 First Ave S have?
The listing for 405 First Ave S doesn't publish its bedroom and bathroom count. It is a commercial property in Kenora.
How does 405 First Ave S compare with other homes in Kenora?
Its asking price of $875,000 is about 103% above the median sold price in Kenora over the last 90 days, $430,000, across 90 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 405 First Ave S been sold before?
Summitly has no earlier MLS® sale or lease of 405 First Ave S on record from the last two years. Older records aren't shown under TRREB rules.
Where is 405 First Ave S?
405 First Ave S is in Kenora, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 405 First Ave S been on the market?
59 days — 405 First Ave S was listed on June 25, 2026.
Does 405 First Ave S have a basement, and is it finished?
The listing describes the basement as: Other.
What is the lot size of 405 First Ave S?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 405 First Ave S?
About $13,975 in Ontario land transfer tax at the asking price of $875,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 405 First Ave S or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 405 First Ave S?
The listing for 405 First Ave S doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Kenora.