Address
196 Second Avenue E, North Bay (Central), ON
Price
$ 989,900
Property Attributes
- ID#X13701478
- TypeMulti-Family
- Listing Status Active
- MunicipalityNorth Bay (Central)
- CityNorth Bay (Central)
- AreaCentral
- NeighbourhoodCentral
- Postal CodeP1B 1L2
- Style
- Price$ 989,900
- Bedrooms8
- Bathrooms4
- Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Calling all investors, this turn key ready to rent legal 4 plex [UNIT 1: 2 BRS & 1 BATH, UNIT 2: 2 BR & 1 BATH, UNIT 3: 3 BRS & 1 BATH, UNIT 4: 1 BR & 1 BATH ] is rebuilt brand new [all interior framing, electrical, heating, plumbing, drywall flooring, baths, kitchens, HRV, and the list goes on] all this work completed in 2026, occupancy permit issued in August 2026. brand new appliances [FRIDGE AND STIOVE] in all 4 units. excellent cash flow, projected NOI $76,660.00 offered at an excellent cap rate of 7.75% thus offering a solid addition to any investment portfolio. Detailed projected income and expense information are available under documents. 4 parking spots and a tool shed for tools in backyard. 5 hydro meters, tenants pay for their own hydro, landlord pays for hydro for mechanical room and laundry room. There were minor changes made to actual construction as compared to plans attached. (id:7434)
General Features
| Features | Lighting |
|---|---|
| Property Type | Multi-family |
| CommunityName | Central |
| Building Appliances | Water Heater - Tankless, Stove, Refrigerator |
| Building Basement Features | Apartment in basement, Separate entrance |
| Building Cooling Type | None |
| Location Description | Cross Streets: WYLD ST. AND SECOND AVE. E. ** Directions: FISHER TO SECOND AVE. EAST. |
| Parking Space Total | 4 |
| Foundation Type | Block, Concrete |
| Building Type | Fourplex |
| Building.StoriesTotal | 2 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Radiant heat |
| Building Heating Fuel | Natural gas |
| Basement Type | N/A, N/A |
| Living Area Range | 2000 |
| Bedrooms | 8 |
Exterior Features
| Structure | Porch |
|---|---|
| Sewer | Sanitary sewer |
| Exterior Finish | Brick Facing, Brick Veneer |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| Bedroom | 0.1 m x 0.1 m | Main level | 0.1 m | |
| Bedroom 2 | 0.1 m x 0.1 m | Main level | 0.1 m | |
| Bedroom 3 | 0.1 m x 0.1 m | Main level | 0.1 m |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in P1B 1L2
Price
In The Neighbourhood
North Bay (Central)
$ 399,900
106 Fourth Avenue W
North Bay (central), ON P1B3M8
- Type
- Multi-Family
- Rooms
- 7 Beds + 4 Baths
REALTY EXECUTIVES PLUS LTD
North Bay (Central)
$ 2,899,900
221 Algonquin Avenue
North Bay (central), ON P1B4V8
- Type
- Multi-Family
- Size
- 20,500 SqFt
- Rooms
- 0 Beds + 0 Baths
EXP REALTY
Hamilton (Central)
$ 1,250,000
55 Barton Street W
Hamilton (central), ON L8L1A3
- Type
- Multi-Family
- Rooms
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ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Hamilton (Central)
$ 1,699
204 - 56 York Boulevard
Hamilton (central), ON L8R0A2
- Type
- Multi-Family
- Rooms
- 1 Beds + 1 Baths
KELLER WILLIAMS COMPLETE REALTY
Hamilton (Central)
$ 1,899
211 - 56 York Boulevard
Hamilton (central), ON L8R0A2
- Type
- Multi-Family
- Rooms
- 1 Beds + 1 Baths
KELLER WILLIAMS COMPLETE REALTY
Hamilton (Central)
$ 1,899
207 - 56 York Boulevard
Hamilton (central), ON L8R0A2
- Type
- Multi-Family
- Rooms
- 1 Beds + 1 Baths
KELLER WILLIAMS COMPLETE REALTY
Oshawa (Central)
$ 2,050
1 - 485 Howard Street
Oshawa (central), ON L1H4Y8
- Type
- Multi-Family
- Rooms
- 2 Beds + 1 Baths
CENTURY 21 LEADING EDGE REALTY INC.
Oshawa
$ 1,799
209 Stacey Avenue # 1
Oshawa, ON L1H5A6
- Type
- Multi-Family
- Size
- 700 SqFt
- Rooms
- 2 Beds + 1 Baths
Oshawa (Central)
$ 1,995
1 - 180 Centre Street
Oshawa (central), ON L1H4A6
- Type
- Multi-Family
- Rooms
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REMAX YOUR COMMUNITY REALTY
Hamilton (Central)
$ 1,599,900
38 Hess Street S
Hamilton (central), ON L8P3N1
- Type
- Multi-Family
- Size
- 3,001 SqFt
- Rooms
- 0 Beds + 0 Baths
RE/MAX ESCARPMENT REALTY INC.
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