North Bay, ON P1B 1K5,523 First AVE E
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North Bay, ON P1B 1K5,523 First AVE E
North Bay, ON P1B 1K5,523 First AVE E
North Bay, ON P1B 1K5,523 First AVE E
North Bay, ON P1B 1K5,523 First AVE E
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$ 929,000
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523 First AVE E North Bay, ON P1B 1K5

9 Beds

10 Baths


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Central

MLS Listing ID X12362377

Style 3-Storey

Bedrooms 9

Annual Tax Amount $13,674

Tax Year 2025

Property Sub-Type Multiplex

Property Description

Attention investors! This well-maintained 9-bachelor unit property has income of $112,752, with the potential to increase without any renovations. The convenient location to downtown and transportation access to the hospital and university make this a desirable spot for students and single working professionals. With 0% vacancy rate, this gem is easy to rent with the bonus of low maintenance and easy management. The year 2024 gas $4434, hydro $3063, water/waste $1953, insurance $6719. This property is well-maintained and has numerous upgrades in the last 7 years. Responsible tenants. All pay rent on time, online. Fire inspection done in July 2025; all deficiencies were addressed.

Location

Province ON

County Nipissing

Community Central

Area Nipissing

Rooms

Family Room No

Basement Separate Entrance, Apartment

Kitchen 9

Interior

Interior Features Separate Heating Controls, Suspended Ceilings, Upgraded Insulation

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 44.0

Lot Depth 128.0

Total Parking Spaces 6

Building

Unit Features Public Transit

Foundation Poured Concrete, Concrete Block, Stone

Others

Security Features Carbon Monoxide Detectors,Smoke Detector


Listed by ROYAL DYNASTY REAL ESTATE LTD.
agent

Every Avenue

Brokerage

+1(905) 844-8068

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523 First AVE E