<-- style PDP --> 147 Second Avenue, North Bay - Triplex for sale for $329,000
  • terminated

147 Second Avenue

North Bay, Ontario, P1B 1L3

$329,000

  • Neighbourhood

    Central

  • Major Intersection

    Ferguson or Wyld

  • Listed Since: 103 day(s)

  • Last update: 27 day(s) ago

Overview

  • Property Type

    Triplex, 2 1/2 Storey

  • Bedrooms

    5

  • Bathrooms

    3

  • Basement

    Part Fin

  • Kitchen

    3

  • Total Parking

    2 Detached Garage

  • Lot Size

    132x33 (Feet)

  • Taxes

    $4,243.00 (2024)

  • Type

    Freehold

Property description for 147 Second Avenue, North Bay, Central, P1B 1L3

If you've been searching for the perfect opportunity to enter the investment market, this property could be your ideal match. Priced competitively, this legal, non-conforming all-brick triplex offers a gross income of $41,086 and an impressive 8% cap rate. The property is centrally located offering easy access to shopping, schools, and a full range of amenities. Its prime location along a public transit route makes it an excellent choice for tenants without vehicles. The main floor features a recently renovated, vacant 3-bedroom unit, ready for new tenants or an owner looking to live on-site while benefiting from rental income. The second-floor 2-bedroom unit and third-floor bachelor unit are both occupied by reliable long-term tenants. For added peace of mind, each unit is separately metered. The partially finished basement offers added storage for the owners belongings. Overall this property offers everything you need to start your rental property portfolio. Coin Operated Laundry generates approx. $1000. Rents are: Bachelor:$717(inclusive of Hydro), 2 Bed: $841+Hydro, 3 Bed: $1,850+Hydro.

Listed by REALTY EXECUTIVES Local Group Inc. Brokerage

  • MLS #

    X11977040

  • Sq. Ft

    2000-2500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    51-99

  • Pool

    None

  • Drive

    Front Yard, Private, Tandem

  • Garage

    Detached, 2 spaces

  • Total Parking

    2

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Stone

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • MLS #

    X11977040

  • Sq. Ft

    2000-2500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    51-99

  • Pool

    None

  • Drive

    Front Yard, Private, Tandem

  • Garage

    Detached, 2 spaces

  • Total Parking

    2

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Stone

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

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Contact Manoj Kukreja

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

Manoj profile avatar

Property History for 147 Second Avenue, North Bay, Central, P1B 1L3

This property has been sold 5 times before.

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Estimated price

Date
Price
Change
2025-02-18
$336,563
0.71%

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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.

Home Evaluation Calculator

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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