Condo open house set for tomorrow

After months of having to settle for looking at the River Walk condominium from the outside, everyone will get a chance to have a peek at the display suite during an open house there tomorrow afternoon.
The condominium, located at 611 Nelson St., will be open to the public from 2-4 p.m. Ernest Penner, president of Penn-co, will be on hand for the official ribboncutting, and refreshments also will be served.
“I’m not sure what to expect [as far as attendance]. There’s been a fair amount of interest so far from the public,” Fort Frances CAO Bill Naturkach said this morning.
“The timing may not be the best for some people,” he admitted.
“But we want to let people know they also can get a look at the display unit if they contact a real estate broker.”^Naturkach said most, if not all, of the condo owners have moved into their units over the past few months. He added all of the remaining units are now fit for sale and habitable, and considered “substantially complete,” with only minor deficiencies to be addressed.
Some of the unsold ones meet the standards of the basic package while others will be left only partly finished to allow for any modifications prospective owners might want to make.
Final architectural and warranty inspections currently are being conducted.
While 14 of the 32 units still remain unsold, the town and Pennco are hoping tomorrow’s open house will pique potential buyers’ curiosities.
As part of the deal to build the condominium project in the first place, both the town and Penn-co agreed to be financially responsible for selling a certain number of units (most recently, the town was on the hook for a total of 10).
Naturkach previously noted the two parties agreed March 27 to “pool” the 14 unsold units, meaning the parties will not be in direct competition to sell the ones for which they’re responsible.
As well, local real estate brokers have been trying to sell units—and have been showing them off to interested clients for the past few months.