Map location of 447 MAIN Street E, North Bay, ON P1B1B6
$1,350,000
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447 MAIN Street E, North Bay, ON P1B1B6

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- Beds
0 Baths
9,660 Sq Ft

Located on the east side of Downtown North Bay, this property features ten updated residential units (nine 1-bed and one 2-bed) with a secure entrance and shared laundry. The commercial unit is rented to a local antique shop on a current 3-year term, providing a stable income stream. The property generates a gross annual income of $174, 060 with a 7.28% cap rate. The exterior along with the majority of the apartments has been freshly painted and modernized, and there is still room to improve a few units, offering the potential for increased returns. Comprehensive documentation includes a 2017 fire inspection, engineering reports from 2008, a current survey, updated rent roll, lease and tenant agreements, and income and expenses updated for 2024. The permitted uses of zoning are detailed, and a Phase 1 Environmental report from 2004 confirms that no further remediation is necessary. The building features hot water heating, concrete block walls with steel beams, a membrane roof inspected by Designed Roofing in 2017, and an HVAC unit. Additionally, approximately 75% of the lighting has been upgraded to LED. This property is a practical choice for investors seeking a stable, income-generating asset in a convenient location. (id:55598)

Listing By: MIKE BURMAN - REALTY EXECUTIVES Local Group Inc. Brokerage
Listing provided courtesy of Canadian Real Estate Association
  • MLS® 40621758
  • Date Listed07/22/2024
  • Days on Realty 52 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Sewer Public Sewer
  • Property Type Other
  • Water Public
  • Square Feet 9,660 sq. ft
  • Price Per Sq. Ft $139.75

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

École secondaire catholique Algonquin

Public • 6 - 12

1.76 km

Distance

Chippewa Secondary School

Public • 6 - 12

1.74 km

Distance

W. J. Fricker Senior Public School

Public • 6 - 8

3.53 km

Distance

St Joseph-Scollard Hall Secondary School

Public • 9 - 12

1.57 km

Distance

Widdifield Secondary School

Public • 9 - 12

3.87 km

Distance

St. Francis Catholic School

Private • PK - 5

1.19 km

Distance

École Saint-Raymond

Private • PK - 5

1.44 km

Distance

St. Luke Separate School

Private • PK - 8

1.67 km

Distance

École secondaire publique Odyssée

Private • 6 - 12

1.92 km

Distance

Silver Birches Elementary School

Private • PK - 5

2.02 km

Distance

West Ferris Secondary School

Private • 6 - 12

2.28 km

Distance

Sales & Tax History

Source: Public Records

Walkability in ON / P1B1B6

Source: Walkscore

88/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

93/100

Biker's Paradise

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Daily errands can be accomplished on a bike.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 35/100, Transit Score: 0/100, Bike Score: 45/100.

Points of interest near 447 MAIN Street E, North Bay, ON P1B1B6

147 m

Distance

157 m

Distance

Esso, North Bay, ON, Canada

Transport Professional

295 m

Distance

340 m

Distance

386 m

Distance

11 m

Distance

61 m

Distance

157 m

Distance

340 m

Distance

330 m

Distance

386 m

Distance

Esso, North Bay, ON, Canada

Transport Professional

295 m

Distance

330 m

Distance

50 m

Distance

125 m

Distance

140 m

Distance

336 m

Distance

Frequently Asked Questions for 447 MAIN Street E

Source: Realty.com

447 MAIN Street E, North Bay, ON P1B1B6 is a Other, Commercial Sale property listed for $1,350,000 The property is 9660 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 20 photos of 447 MAIN Street E.

The full address for this home is 447 MAIN Street E, North Bay, ON P1B1B6.

447 MAIN Street E has been listed on Realty.com since Mon July 22, 2024

Most errands can be accomplished on foot. It is possible to get on a bus. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 35/100, Transit Score: 0/100, Bike Score: 45/100.

Listing provided courtesy of: REALTY EXECUTIVES Local Group Inc. Brokerage (tel: (705) 478-8588)
Listing agent: MIKE BURMAN (tel: (705) 478-8588)

This content last refreshed on 2024-09-12 08:16:40. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 447 MAIN Street E, North Bay, ON P1B1B6 : MLS® 40621758

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