Added 1 week ago
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Type: Triplex
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Style: 2-Storey
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Size: 3000 sqft
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Lot Size: 42 x 91.53 Feet
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Age: 51-99 years
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Taxes: $3,940 per year
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Added: Feb 21, 2025 (1 week ago)
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Updated:
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Last Checked: 1 hour ago
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MLS®#: X11982122
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Listed By: Royal lepage northern life realty, brokerage
This well-maintained triplex offers a fantastic investment opportunity or a chance to live in one unit while generating income from the others. Centrally located with easy access to shopping, bus routes, and other amenities, this property is a must-see! Apt. 1 is a 2 bedroom, 2 bath is vacant. Unit is ideal for new tenants or as a personal residence. Apt. 2 is a 1 bedroom plus den renting at 1429 per month and Apt. 3 is a 1 bedroom renting at 922 per month. All rents are inclusive. The tenants are amazing and the remaining tenants want to stay. The building has been well cared for and all units are spacious and updated. There is also tenant parking and laundry in each unit. CCTV cameras are in operation to help ensure the safety and security of all individuals and the premises. Gross income is $50,280 annually with expenses for previous year at $17,837.00. These numbers on based on unit 1's previous tenants that left at the end of January and rented for 1839.00 inclusive. Please note that this property is zoned C2, allowing for the potential to incorporate a commercial aspect into the building. This zoning provides flexibility for various business or commercial uses, in addition to its residential capabilities. Whether you're a seasoned investor or a first-time buyer, this triplex offers an excellent chance to secure steady rental income in a prime location.
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Property
Status: Sale
Property Type: Triplex
Style: 2-Storey
Size (sq ft): 3000
Age: 51-99
Area: North Bay
Community: Central
Availability Date: TBA
Assessment Amount: $231,000
Assessment Year: 2025
Inside
Bedrooms: 5
Bathrooms: 4
Kitchens: 3
Rooms: 18
Den/Family Room: No
Air Conditioning: None
Fireplace: No
Central Vacuum: N
Washrooms: 4
Utilities
Electricity: Yes
Gas: Yes
Cable: Yes
Telephone: Yes
Building
Basement: Full
Basement 2: Part Bsmt
Heat Type: Radiant
Heat Source: Gas
Exterior: Brick
Exterior: Vinyl Siding
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Mutual
Garage Spaces: 3
Garage Type: None
Covered Parking Spaces: 3
Total Parking Spaces: 3
Fees
Tax Year: 2024
Tax Legal Description: PLAN 21 PT LOTS 381 AND 382 AND RP 36R11984 PART 2
Taxes: $3,940
Highlights
Feature: Library
Feature: Place Of Worship
Feature: Public Transit
Feature: School
Feature: School Bus Route
Feature: Waterfront
Land
Cross Street: Fraser and Worthingt
Municipality District: North Bay
Fronting On: North
Parcel Number: 491640320
Pool: None
Sewer: Sewers
Lot Depth: 91.53 Feet
Lot Frontage: 42 Feet
Zoning: C2
Very Walkable
- Most errands can be accomplished on foot.
Very Bikeable
- Most errands can be accomplished on bike.
Mother St Bride School
Elementary: CatholicÉcole séparée Saint-Vincent
Elementary: CatholicÉcole secondaire catholique Algonquin
Elementary: CatholicSt Hubert Separate School
Elementary: CatholicSt. Luke Separate School
Elementary: CatholicAlliance 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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