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447 Main Street E North Bay, Ontario P1B 1B6

9660 sqft

$1,325,000

This income-generating property on the east side of Downtown North Bay features ten updated residential units (nine 1-bed and one 2-bed) with secure entry and shared laundry. The commercial unit, currently leased to a local antique shop, provides stable rental income on a 3-year term. The property generates $176,596.00 annually, with additional value-add potential through further unit improvements. Documentation includes a 2017 fire inspection, recent survey, updated rent roll, and financials for 2024. Constructed with concrete block walls, steel beams, hot water heating, and a membrane roof. This is a strong investment in a convenient North Bay location. (id:48279)

Property Details

MLS® Number 40676155
Property Type Office
Amenities Near By Public Transit

Building

Basement Type Full
Stories Total 2
Size Exterior 9660.0000
Size Interior 9660 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 131 Ft
Size Frontage 39 Ft
Size Total Text Under 1/2 Acre
Zoning Description C2

https://www.realtor.ca/real-estate/27648880/447-main-street-e-north-bay

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Daryl Babineau
Salesperson

(705) 321-3765
(647) 849-3180

Exp Realty Brokerage
49 High Street Unit: 3rd Floor
Barrie, Ontario L4N 5J4

(866) 530-7737
(647) 849-3180
www.exprealty.ca/

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