Last Sold Price
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Overview
Key Facts
Type
Levels Commercial Sale
Size 1600 sqft
Garage
Taxes $3,295
Days Active 124
Lot Size 0.021 Acres
Approx. Age
Avg. Price Per Sqft $373
MLS® Number X13083094
Property Address: 407 Ferguson St, North Bay, ON, P1B1X3
Average square foot calculated using Size range provided by listing agent.
Description
Prime investment opportunity in the heart of North Bay's downtown core. This mixed-use commercial and residential property offers a strong combination of stable income and long-term upside. The main level features a fully equipped restaurant space with a finished basement and two washrooms, secured with a long-term lease in place, providing immediate, reliable cash flow. The property also includes two well-maintained 1-bedroom residential units on the upper levels, adding diversified rental income. Strategically positioned on a high-exposure corner in one of the city's busiest corridors, surrounded by established retailers, offices, and essential amenities, ensuring consistent foot traffic and tenant demand. Extensive renovations and upgrades have been completed throughout, showcasing quality finishes and reducing near-term capital expenditure. Income Highlights: Commercial Lease: $2, 610/month + HST. Tenant pays 100% hydro (separately metered), 70% heat & water covered. Residential Unit: Currently rented at $1, 400/month (all-inclusive). An additional residential unit offers further income potential. (id:58753)Show Description
MLS® NumberX13083094
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
HeatHot water radiator heat, Natural gas
A/CNone
Extras
Price History
Appreciation
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Avg. Days Listed
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Today, For Sale for $597,000
For Sale · 124 days
$597,000
MLS® X13083094
4 months ago
Not Sold Yet
May 2026, For Sale for $597,000
For Sale · 124 days
$597,000
MLS® X13083094
4 months ago
Not Sold Yet
April 2026, Withdrawn for $35,000
Withdrawn · 109 days
$35,000
MLS® X12683688
4 months ago
Canceled on Apr 30, 2026
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