Last Sold Price
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Overview
Key Facts
Type
Levels Commercial Sale
Size -
Garage None
Taxes $6,517
Days Active 32
Lot Size 3024.66
Approx. Age
MLS® Number X13640076
Property Address: 187 Main St W, North Bay, ON, P1B2T6
Average square foot calculated using Size range provided by listing agent.
Description
**$499, 000 | Approx. 9.5% Cap | Fully Tenanted | 4 Residential + 1 Commercial | 5 Income Streams**Excellent investment opportunity in the heart of downtown North Bay! This fully tenanted mixed-use property features **4 residential apartments plus 1 main-floor commercial retail unit**, providing five income-producing units and a diversified revenue stream.With annual gross income of approximately **$66, 646** and an impressive **approx. 9.5% cap rate**, this is an attractive opportunity for an experienced investor expanding a portfolio or a buyer entering the income-property market.Located on Main Street, tenants enjoy convenient access to shopping, restaurants, professional services, public transit, the waterfront and everyday amenities.North Bay is a regional hub for Northeastern Ontario and home to **Nipissing University and Canadore College**, supporting continued demand for rental accommodation. Surrounded by lakes and offering outstanding four-season recreation, North Bay continues to be an attractive community in which to live, work and invest.Financial information available to qualified buyers. Cap rate is based on stated income and operating expenses and does not include a property-management expense.Show Description
MLS® NumberX13640076
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
Basement
DrivewayGarage Type:None
Garage Spaces
HeatWater Radiators
A/CPartial
Extras
Price History
Appreciation
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Avg. Days Listed
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Today, For Sale for $499,000
For Sale · 31 days
$499,000
MLS® X13640076
A month ago
Not Sold Yet
September 2026, Withdrawn for $539,800
Withdrawn · 92 days
$539,800
MLS® X13502416
In 23 days
Canceled on Sep 30, 2026
August 2026, For Sale for $499,000
For Sale · 31 days
$499,000
MLS® X13640076
A month ago
Not Sold Yet
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