Added 5 hours ago
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Type: Triplex
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Style: 3-Storey
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Size: 2500 sqft
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Lot Size: 33 x 132 Feet
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Age: 51-99 years
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Taxes: $4,200 per year
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Added: Feb 25, 2025 (5 hours ago)
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Updated:
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Last Checked: 2 hours ago
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MLS®#: X11986882
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Listed By: Royal lepage northern life realty, brokerage
332 Second Avenue E is a well-maintained triplex that has seen several updates over the years. Whether you're looking to live in one unit and collect rent from the others or just looking for a great investment opportunity, then look no further. This property is centrally located close to all amenities, including shopping, transit, and more. Unit 1 on the main floor has been renovated from the studs and is a large 1-bedroom, 1-bathroom unit with it's own laundry room and is currently renting for $1435 per month inclusive. Unit 2 on the second floor has 2 bedrooms and 1 bathroom with laundry and is currently collecting $1155.69 per month, inclusive. Unit 3 on the top floor has seen many updates and upgrades, boasting a 2 bedroom and 1 bathroom that currently generates $1425 a month, inclusive. This building has been well maintained over the years, with the foundation being reinforced, updated electrical, fire retrofit, and the updated roof in 2020. Gross income is $48,188.28 annually, with lots of opportunity to increase equity and with the separate hydro meters for each unit to minimize your expenses, you don't want to miss out on this opportunity.
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Property
Status: Sale
Property Type: Triplex
Style: 3-Storey
Size (sq ft): 2500
Age: 51-99
Area: North Bay
Community: Central
Assessment Amount: $235,000
Assessment Year: 2025
Inside
Bedrooms: 5
Bathrooms: 3
Kitchens: 3
Rooms: 15
Den/Family Room: Yes
Air Conditioning: None
Fireplace: No
Central Vacuum: N
Washrooms: 3
Utilities
Electricity: Yes
Gas: Yes
Building
Basement: Crawl Space
Heat Type: Baseboard
Heat Source: Electric
Exterior: Vinyl Siding
Green Verification Status: N
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Available
Garage Type: None
Covered Parking Spaces: 3
Total Parking Spaces: 3
Fees
Tax Year: 2024
Tax Legal Description: PT LT 536 PL 21 WIDDIFIELD AS IN NB79845; NORTH BAY ; DISTRICT O
Taxes: $4,200
Land
Cross Street: Cassells & Second Av
Municipality District: North Bay
Fronting On: West
Parcel Number: 491650132
Pool: None
Sewer: Sewers
Lot Depth: 132 Feet
Lot Frontage: 33 Feet
Zoning: R3
Very Walkable
- Most errands can be accomplished on foot.
Biker's Paradise
- Daily errands do not require a car.
Mother St Bride School
Elementary: CatholicÉcole séparée Saint-Vincent
Elementary: CatholicÉcole secondaire catholique Algonquin
Elementary: CatholicSt. Luke Separate School
Elementary: CatholicChippewa Intermediate School
Elementary: PublicAlliance French Immersion Public School
Elementary: PublicÉcole secondaire publique Odyssée
Secondary: PublicWest Ferris Secondary School
Secondary: PublicÉcole secondaire catholique Algonquin
Secondary: CatholicChippewa Secondary School
Secondary: PublicWiddifield Secondary School
Secondary: PublicSt Joseph-Scollard Hall Secondary School
Secondary: Catholic-
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