Whitney Collins-Wilson, ASA - Sutton Logo
New Listing
$989,900
 $5,314 est/mo Sourced by Back At You

196 Second Avenue E,North Bay (Central), ON P1B1L2

North Bay (Central), ON P1B1L2

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Description

Calling all investors, this turn key ready to rent legal 4 plex [UNIT 1: 2 BRS & 1 BATH, UNIT 2: 2 BR & 1 BATH, UNIT 3: 3 BRS & 1 BATH, UNIT 4: 1 BR & 1 BATH ] is rebuilt brand new [all interior framing, electrical, heating, plumbing, drywall flooring, baths, kitchens, HRV, and the list goes on] all this work completed in 2026, occupancy permit issued in August 2026. brand new appliances [FRIDGE AND STIOVE] in all 4 units. excellent cash flow, projected NOI $76,660.00 offered at an excellent cap rate of 7.75% thus offering a solid addition to any investment portfolio. Detailed projected income and expense information are available under documents. 4 parking spots and a tool shed for tools in backyard. 5 hydro meters, tenants pay for their own hydro, landlord pays for hydro for mechanical room and laundry room. There were minor changes made to actual construction as compared to plans attached. (id:13843)

Details

MLS #X13701478
Listing TypeFor Sale
StatusActive
Days On Site1
Listing Provided ByHOMELIFE ELITE SERVICES REALTY INC. | SALMAN S. KAZI

Features

Bed(s)8
Bath(s) 4 Total
SQ Feet2,000
BasementY
Story(s)2

Interior

CoolingNone
HeatingRadiant heat, Natural gas
AppliancesRefrigerator, Stove, Water Heater - Tankless
Fireplace Yes / NoNo

Exterior

Lot FeaturesLighting
Foundation DetailsBlock, Concrete

Parking

Parking FeaturesNo Garage
Parking Total4

Utilities

UtilitiesSewer, Electricity, Cable
SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount3222.45
Tax Year2026

Area Information

ProvinceON
CityNorth Bay (Central)
Postal CodeP1B1L2
Listing VS Median (in P1B1L2)
Price:
$989,900
low | high
Med:
$989,900
50% of Average
sqft:
2,000
low | high
Med:
2,000
50% of Average
$ / sqft:
$495
low | high
Med:
$495
50% of Average
On site:
1
low | high
Med:
1
100% of Average
Sourced by Back At You

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Additional Information

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Learn More About This Property

Whitney Collins-Wilson

Whitney Collins-Wilson

Sutton Group - Heritage Realty Brokerage

Sales Representative, (905) 626-5713wcollins@sutton.com
ProvinceON
CityNorth Bay (Central)
Postal CodeP1B1L2
Listing VS Median (in P1B1L2)
Price:
$989,900
low | high
Med:
$989,900
50% of Average
sqft:
2,000
low | high
Med:
2,000
50% of Average
$ / sqft:
$495
low | high
Med:
$495
50% of Average
On site:
1
low | high
Med:
1
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $742K - $1.237M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
106 FOURTH AVENUE W Property Photo 1
$429,900
106 Fourth Avenue W
North Bay (central), ON P1B3M8
407 FERGUSON STREET Property Photo 1
$597,000
407 Ferguson Street
North Bay (central), ON P1B1X3
Listing Updated: August 21, 2026 at 3:41:08 PM PDT