North Bay, Ferris, P1A 1Y1
$499,900
Listed by Royal LePage Northern Life Realty, Brokerage.
Welcome to 959 Memorial Drive, a recently renovated legal duplex a block away from North Bay’s famous Lake Nipissing waterfront, parks, beaches, events, shopping, bike path and more. This vacant solid bungalow has been renovated from top to bottom – gas boiler hot water heating system, 2 HRV systems, shingles, electrical, plumbing, insulation, sliding, eaves etc... The front unit is a 3bd with 1 full bath & 1 half bath and an open concept kitchen/living area, a huge master bedroom with walk out to deck and a big backyard. It rents for $2500 mth plus hydro. The back unit is a large one bedroom with full bath/laundry and open concept kitchen/living area with a separate deck overlooking the large back yard. It rents for $1700 mth plus hydro. The property is currently vacant so you can hand pick tenants and set the rents to the current low vacancy market. There’s extra income potential to rent the attached garage or have each tenant use it for storage. Parking can be set up at the front or you can drive around to the back yard. Siding and window capping will be down as soon as weather permits. New appliances in each unit included. All amenities – shopping, bank, grocery store, LCBO, movie theatre, restaurants, bike path, public bus route are within walking distance. Great opportunity to live in one unit and rent the other as a mortgage helper or start your rental portfolio today!
Smoke Detector,2 Dishwashers, 2 Fridges, 2 Stoves
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Kitchen/Living Room
Bedroom Primary
Bedroom
Laundry
Bedroom
Den
Utility Room
Bedroom
Kitchen/Living Room
Bathroom
The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
