Seller willing to hold a second VTB mortgage to cover your down payment. Want a cash flowing property that meets the 1% rule? What will the property cash flow produce as interest rates decline? Turnkey 13 Unit residential complex sitting on 1 acre consisting of a newly renovated 3-bedroom stand-alone house, and a 12 unit converted motel rezoned in 2022 with 11 bachelor units and 1x1 bedroom unit. Gross rents are $137410 with expense calculation including property management, vacancy and maintenance equaling $58571 giving a net income before mortgage of $78838. This complex has only 7 units close too or at market rent giving the new owner room to lift their investment when the remaining 5 tenants move out. Many supporting docs on including new shingles with ice guard to peak 2023, site plan control showing all buildings parking etc., water testing and well reports, zoning confirmations, fire retrofit 2014 and of course a detailed income and expenses report. 3 Bedroom house just received occupancy permits from city, previous fire remediation and recently renovated. Any touched renovations done to current code including electrical, gas furnace, framing, drywall etc. 4 older septics, drilled well with engineering reports under MOE guidelines. (id:55598)
- MLS® 40600933
- Date Listed06/07/2024
- Days on Realty 197 Days
- Bedrooms 0
- Bathrooms
- Lot Size -
- Sewer Septic Tank
- Property Type Other
- Water Well
- Square Feet 5,093 sq. ft
- Price Per Sq. Ft $223.84
Interior Features
- Cooling None
- Heating Baseboard Heaters, Forced Air, Electric, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Public • PK - 5
32.19 km
Distance
E. T. Carmichael Public School
Public • PK - 5
32.19 km
Distance
Public • PK - 5
32.19 km
Distance
École élémentaire catholique Saints-Anges
Public • PK - 5
32.19 km
Distance
Public • PK - 8
32.19 km
Distance
Public • PK - 5
32.19 km
Distance
Public • PK - 5
32.19 km
Distance
Alliance French Immersion Public School
Public • PK - 5
32.19 km
Distance
Public • PK - 8
32.19 km
Distance
Public • PK - 5
32.19 km
Distance
Public • 6 - 12
32.19 km
Distance
École secondaire catholique Algonquin
Public • 6 - 12
32.19 km
Distance
W. J. Fricker Senior Public School
Public • 6 - 8
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
St Joseph-Scollard Hall Secondary School
Public • 9 - 12
32.19 km
Distance
Private • PK - 8
20 km
Distance
École secondaire publique Odyssée
Private • 6 - 12
20 km
Distance
Sales & Tax History
Source: Public Records
Street Address | Beds | Baths | Sold Date | List Price |
---|---|---|---|---|
5 ZEPHYR Heights | 4 | 3 | Dec 07, 2024 | $1,195,000 |
5 Zephyr Heights, North Bay ON P1B 8G2 | 4 | 3 | Dec 06, 2024 | $1,195,000 |
12 Evan Place, North Bay ON P1B 8G2 | 3 | 2 | Nov 21, 2024 | $675,000 |
26 Kenreta Drive, North Bay ON P1C 0A5 | 3 | 3 | Nov 21, 2024 | $999,000 |
155 West Peninsula Road, North Bay ON P1B 8G4 | 5 | 4 | Nov 21, 2024 | $1,399,000 |
586 O'brien Street, North Bay ON P1B 5W4 | 2 | 2 | Dec 02, 2024 | $324,900 |
337-339 Wigston Drive, North Bay ON P1A 1X2 | 4 | 3 | Nov 21, 2024 | $1,349,000 |
15 Belleview Crescent, North Bay ON P1B 8V2 | 5 | 3 | Dec 12, 2024 | $489,900 |
226 LAROCQUE ROAD | 5 | 3 | Dec 06, 2024 | $849,000 |
37 Superior Crescent, North Bay ON P1A 2V9 | 5 | 2 | Dec 12, 2024 | $559,900 |
Points of interest near 4319 HIGHWAY 11 N, North Bay, ON P1B8G3
Petro-Canada, North Bay, ON, Canada
Transport Professional
3.86 km
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Black Forest, North Bay, ON, Canada
Recreation
2.7 km
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Petro-Canada, North Bay, ON, Canada
Transport Professional
3.86 km
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4.46 km
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2.01 km
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2.33 km
Distance
Unknown
2.89 km
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4.41 km
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$1,140,000 Active Under Contract
0 bds • 0 ba • 5,093 sqft
4319 Highway 11 N, North Bay ON P1B 8G3, North Bay, ON P1B 8G3
Seller willing to hold a second VTB mortgage to cover your down payment. Want a cash flowing property that meets the 1% rule? What will the property cash flow produce as interest rates decline? Turnkey 13 Unit residential complex sitting on 1 acre co...Listing by: Mike Burman - REALTY EXECUTIVES Local Group Inc. Brokerage -
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Frequently Asked Questions for 4319 HIGHWAY 11 N
Source: Realty.com
4319 HIGHWAY 11 N, North Bay, ON P1B8G3 is a Other, Residential Income property listed for $1,140,000 The property is 5093 sq. ft with 0 bedrooms and 0 bathrooms
Realty.com has 16 photos of 4319 HIGHWAY 11 N.
The full address for this home is 4319 HIGHWAY 11 N, North Bay, ON P1B8G3.
4319 HIGHWAY 11 N has been listed on Realty.com since Fri June 07, 2024
The average walkability score in the surrounding area is Walk Score: 10/100, Transit Score: 0/100, Bike Score: 22/100.
Listing provided courtesy of:
REALTY EXECUTIVES Local Group Inc. Brokerage
(tel: (705) 478-8588)
Listing agent:
MIKE BURMAN
(tel: (705) 477-4442)
This content last refreshed on 2024-12-21 04:40:11. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 4319 HIGHWAY 11 N, North Bay, ON P1B8G3 : MLS® 40600933