<-- style PDP --> 272 First Avenue, North Bay - Fourplex for sale for $875,000
  • sold

272 First Avenue

North Bay, Ontario, P1B 3C1 - Central

$875,000$000000

  • Neighbourhood

    Central

  • Major Intersection

    Cassells St.

  • Listed Since: 167 day(s)

  • Last update: 104 day(s) ago

Overview

  • Property Type

    Fourplex, 1 1/2 Storey

  • Bedrooms

    6

  • Bathrooms

    4

  • Basement

    Part Bsmt + Crawl Space

  • Kitchen

    4

  • Total Parking

    2

  • Lot Size

    36x132 (Feet)

  • Taxes

    $8,954.00 (2025)

  • Type

    Freehold

Property Description

Property description for 272 First Avenue, North Bay

Legal Fourplex! If turnkey is what you are looking for then this investment property is for you. This building went through a full office building conversion to 4 residential units completed August 2023. The renovation list is long including all new wiring and 5 panels, flooring, kitchens, led lighting, bathrooms, plumbing, hot water heat, boiler (2026), attic insulation R60 with removal of vermiculite, trim, casings, doors, coin laundry and more. All building permits are closed, esa letters on all 5 panels, income and expenses as well as renovation and floor plans available. Previous owner added rear addition which is now part of unit 4 with in floor heat and 22 ft ceilings as well as shingles in 2018. Unit 1 is a four level 2 bedroom unit with access to a small fenced in backyard shared with unit 4. Unit 2 is a 2 level unit with 1 bedroom and AC at the front of the building, Unit 3 is a 1 bedroom unit off the common hallway. Unit 4 also has access to the small rear fenced in area, is a 2 level unit and the 2 bedrooms have 22 ft ceilings making this a very unique unit. Gross income $84,720 with Expenses including heat, house meter, insurance, water/sewer, maintenance, management and vacancy $27,861, leaving a Net income of $56,859 before mortgage. Ask your Realtor for supporting documentation. All photos are pre tenant move ins. Bonus: No Rent control on any of the units and all rents are plus hydro. Previous owner replaced sewer and water line as an added bonus to the purchaser

Listed by REALTY EXECUTIVES Local Group Inc. Brokerage

  • MLS #

    X13046998

  • Sq. Ft

    2500-3000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Pvt Double

  • Garage

    None

  • Total Parking

    2

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    Main

  • Heat

    Water

  • A/C

    Wall Unit

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • MLS #

    X13046998

  • Sq. Ft

    2500-3000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Pvt Double

  • Garage

    None

  • Total Parking

    2

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    Main

  • Heat

    Water

  • A/C

    Wall Unit

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

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estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 272 First Avenue, North Bay

This property has been sold 1 time before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Estimated price

Date
Price
Change
2026-04-27
$847,352
0.00%

Inventory Graph

10 9 8 7 6 5 4 3 2 1 0 2 Months of inventory SELLER'S Market BALANCED Market BUYER'S Market

Mortgage Calculator

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Closing Cost Calculator

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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