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Jeff Balys

jeff@balys.org +1(613) 795-3947

Est. payment | -/mo

10 Beds

4 Baths

Save

Est. payment | -/mo

Save

10 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Central

MLS Listing ID X13860652

Style 2-Storey

Bedrooms 10

Annual Tax Amount $10,851

Tax Year 2026

Property Sub-Type Triplex

Property Description

Built for income and positioned for long-term performance, this 2016-built legal triplex presents an excellent opportunity to add a strong multi-residential asset to your investment portfolio. Centrally located in the downtown core of North Bay, the property features three legal residential units plus an additional in-law suite in the lower level, creating four self-contained living spaces and a diversified rental income stream.The main floor is anchored by a spacious 3-bedroom unit featuring an attached garage, open-concept living space and modern finishes. The second level offers two thoughtfully designed 2-bedroom apartments, while the lower level provides a generous open-concept 2-bedroom in-law suite. Each unit is equipped with its own private laundry and 4-PC bath(s)-an attractive feature for tenants and an added advantage for an investor looking for a well-designed, low-maintenance rental property. With all four units currently generating strong rental income at or above market rents, this is an opportunity to acquire an established investment without the heavy lifting typically associated with repositioning an older multiplex. Whether you're expanding an established portfolio or looking for a substantial multi-unit investment, this property checks the boxes that matter to a Landlord. A compelling opportunity to acquire a quality income-producing asset in the heart of North Bay.

Location

Province ON

County Nipissing

Area Nipissing

Zoning R6

Rooms

Family Room Yes

Basement Full

Kitchen 4

Interior

Interior Features Accessory Apartment, ERV/HRV, In-Law Suite, Separate Heating Controls, On Demand Water Heater

Cooling Central Air

Inclusions 4xFridge, 4xStove, 2xDishwasher, 4xWasher, 4xDryer, Shed, Water Heater Owned

Exterior

Exterior Feature Deck, Landscaped, Year Round Living

Parking Features Private Double, Lane

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 66.0

Lot Depth 132.0

Total Parking Spaces 7

Building

Foundation Concrete Block

Others

Senior Community Yes

Security Features Carbon Monoxide Detectors,Smoke Detector

ParcelsYN No

Listed by Revel Realty Inc. Brokerage

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(613) 795-3947

jeff@balys.org

Ottawa Ontario, Canada

373 First AVE E North Bay, ON P1B 1K2

Jeff Balys

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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