516 Bay Street, Kenora, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Kenora. Expertly crafted featuring premium other and wood construction, this residence presents an exceptional opportunity offered at $555,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 100 x 200 ft lot
- Features a partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free, Floor Drain, In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
*** Visit the REALTOR website for further information about this Listing *** Nestled in the charming and sought-after community of Keewatin, this beautifully maintained bungalow offers the perfect blend of space, flexibility, and lifestyle. Set on an expansive, fully landscaped 100' x 200' lot (spanning four lots on one title), this property provides exceptional room to live, work, and enjoy the outdoors. With convenient access from both Bay Street and Tenth Street, this home is ideal for those who value ease, privacy, and a welcoming neighbourhood atmosphere. Just a short walk to the beach and nearby park, it's perfectly positioned for relaxed, year-round living. Property Highlights: *Spacious & Versatile Living: Offering approximately 1,400 sq ft, this home features 4 bedrooms and 3 bathrooms -ideal for families, multi-generational living, or those seeking income potential through room rentals. *Functional, Well-Appointed Kitchen: Enjoy a bright and practical kitchen with ample cabinetry, stainless steel appliances. *Beautiful Outdoor Retreat: Step into a thoughtfully landscaped backyard designed for both relaxation and entertaining. Features include a stone patio, cozy fire pit area, and a screened-in sunroom overlooking the expansive yard. The space is partially fenced for privacy and includes a covered dog run and greenhouse off the carport. *Exceptional Shop & Storage Space: A standout feature of this property is the large heated shop, perfect for hobbies, storage, or operating a home-based business. Additional highlights include a two-stall carport, spacious shed, and a 12' x 14' cabin or office (ready for your finishing touches with new shingles needed). *Move-In Ready Comfort: This home has been thoughtfully updated with refreshed landscaping, central air conditioning, and numerous much needed improvements-allowing you to settle in with ease. *Prime Location: everything you need just minutes from your doorstep!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Hospital, Park, Public Transit, School Bus Route, Wooded/Treed
Interior Features
Carpet Free, Floor Drain, In-Law Capability, Primary Bedroom - Main Floor, Storage, Sump Pump, Water Heater, Water Meter
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 516 Bay Street, Kenora, ON P0X 1C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kenora, ON
For a property listed at $555,000 in Kenora, the legal minimum down payment is $30,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,575 for this transaction. As this listing is in Kenora (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,575.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.