Welcome to this remarkable commercial retail located in the coveted neighborhood of TB-401. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $268,000 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.
Excellent investment opportunity with strong income potential! This well-maintained commercial building, formerly home to The Pink Parasol Tea Room, is in great condition and offers numerous upgrades throughout. The main floor features a bright, inviting commercial space complete with a kitchenette, built-in seating, and a fully accessible washroom. A full basement provides additional space for storage or office use, along with a second washroom. Security alarm and camera system equipment are included. The upper-level commercial space is currently tenanted with a signed 2-year lease beginning November 2025. Two residential units are also in place on month-to-month tenancies, and main floor has a 2 year lease starting June 2026, offering immediate income with future flexibility. Extensive updates include a new roof (2024), renovated apartments (2019), kitchenette addition (2024), updated LED lighting (January 2021), and new flooring and ceiling throughout the main floor (January 2021). A recently added rear staircase and four dedicated parking spaces further enhance accessibility and functionality. A turnkey, income-generating property with solid returns and quality updates throughout, ideal for investors or owner-operators.
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This commercial retail located at 256-258 Scott Street, Fort Frances is currently for sale and has been available on zoozaa for 148 days. This property is listed at $268,000 with an estimated mortgage of $892* per month. It has 0 beds, 5 bathrooms, and is unknown square feet. 256-258 Scott Street, Fort Frances is in the TB-401 neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in TB-401, Fort Frances.
First-time home buyers, professionals, or investors seeking value.
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The current listing price for 256-258 Scott Street, Fort Frances, ON in TB-401, Fort Frances is $268,000.
This property features null bedrooms and 5 bathrooms.
256-258 Scott Street, Fort Frances, ON is a Commercial Retail () featuring a Yes basement.
Interior highlights include: Other.
Heating is provided via Gas and cooling via Yes.
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TB-401, Fort Frances
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 256-258 Scott Street, Fort Frances, ON P9A 1G7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Fort Frances.
About Purchasing a Home in Fort Frances, ON
For a property listed at $268,000 in Fort Frances, the legal minimum down payment is $13,400 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 $2,495 for this transaction. As this listing is in Fort Frances (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,495.
Comprehensive city-wide demographics, local real estate stats, and school rankings for TB-401, Fort Frances.
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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.
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