<-- style PDP --> 196 Second Avenue, North Bay - Fourplex for sale for $989,900
  • sold

196 Second Avenue

North Bay, Ontario, P1B 1L2 - Central

$989,900$000000

  • Neighbourhood

    Central

  • Major Intersection

    WYLD ST. AND SECOND AVE. E.

  • Listed Since: 50 day(s)

  • Last update: 2 day(s) ago

Overview

  • Property Type

    Fourplex, 2-Storey

  • Bedrooms

    8

  • Bathrooms

    4

  • Basement

    Apartment + Sep Entrance

  • Kitchen

    4

  • Total Parking

    4

  • Lot Size

    38x85 (Feet)

  • Taxes

    $3,222.45 (2026)

  • Type

    Freehold

Property Description

Property description for 196 Second Avenue, North Bay

Calling all investors, this turn key ready to rent legal 4 plex [UNIT 1: 2 BRS & 1 BATH, UNIT 2: 2 BR & 1 BATH, UNIT 3: 3 BRS & 1 BATH, UNIT 4: 1 BR & 1 BATH ] is rebuilt brand new [all interior framing, electrical, heating, plumbing, drywall flooring, baths, kitchens, HRV, and the list goes on] all this work completed in 2026, occupancy permit issued in August 2026. brand new appliances [FRIDGE AND STIOVE] in all 4 units. excellent cash flow, projected NOI $76,660.00 offered at an excellent cap rate of 7.75% thus offering a solid addition to any investment portfolio. Detailed projected income and expense information are available under documents. 4 parking spots and a tool shed for tools in backyard. 5 hydro meters, tenants pay for their own hydro, landlord pays for hydro for mechanical room and laundry room. There were minor changes made to actual construction as compared to plans attached.

Listed by HOMELIFE ELITE SERVICES REALTY INC.

  • MLS #

    X13701478

  • Sq. Ft

    2000-2500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Available, Front Yard

  • Garage

    None

  • Total Parking

    4

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Brick Front

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Block, Concrete, Concrete Block

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    Lower

  • Heat

    Radiant

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Br

    0.1 x 0.1 ft 2nd level

  • 2nd Br

    0.1 x 0.1 ft 2nd level

  • Br

    0.1 x 0.1 ft Main level

  • 2nd Br

    0.1 x 0.1 ft Main level

  • 3rd Br

    0.1 x 0.1 ft Main level

  • Br

    0.1 x 0.1 ft Bsmt level

  • 2nd Br

    0.1 x 0.1 ft Bsmt level

  • 3rd Br

    0.1 x 0.1 ft Bsmt level

  • MLS #

    X13701478

  • Sq. Ft

    2000-2500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Available, Front Yard

  • Garage

    None

  • Total Parking

    4

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Brick Front

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Block, Concrete, Concrete Block

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    Lower

  • Heat

    Radiant

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Br

    0.1 x 0.1 ft 2nd level

  • 2nd Br

    0.1 x 0.1 ft 2nd level

  • Br

    0.1 x 0.1 ft Main level

  • 2nd Br

    0.1 x 0.1 ft Main level

  • 3rd Br

    0.1 x 0.1 ft Main level

  • Br

    0.1 x 0.1 ft Bsmt level

  • 2nd Br

    0.1 x 0.1 ft Bsmt level

  • 3rd Br

    0.1 x 0.1 ft Bsmt level

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 196 Second Avenue, North Bay

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Estimated price

Date
Price
Change
2026-08-21
$956,647
-8.50%

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

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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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