INVESTOR ALERT - Exceptional 12.57% CAP Rate on a Prime Corner Lot! This massive 2,139 sq. ft. triplex offers a significant cash-flow opportunity in central North Bay. The property is uniquely configured with a rear 2-bedroom, 1-bathroom bungalow-style unit occupied by a stable, 7-year tenant, providing immediate guaranteed income. The front of the building consists of two spacious 2-storey units, each featuring 2 bedrooms and 1 bathroom. These front units are delivered vacant, offering a prime opportunity for an investor to refresh the spaces to their own standards and set current market rents to maximize ROI. Situated on a prominent corner lot at the end of a quiet street, the property features impressive vaulted ceilings that create a high-end feel. This powerhouse addition to any portfolio includes a detached garage and ample parking for 5 vehicles. Some Photos Virtually Augmented. (id:47421)
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Detailed Information
Bedrooms
6
Bathrooms
3
Lot
40 x 100 ft
Amenities Nearby
Park, Public Transit
Features
Cul-de-sac, Flat site
Listing Contract Date
2026-03-03
Location Description
Cross Streets: Fisher St. ** Directions: Fisher St to Haig St to Hammond St.
# of Parking Spaces
5
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
Residential 3rd Density - Triplex
Building
Age
100+ years
Appliances
Stove, Refrigerator
Basement Type
Crawl space
Ceiling Type
Suspended ceiling
Cooling Type
None
Exterior Finish
Vinyl siding
Foundation Type
Stone
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Triplex
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Laundry room
Main level
2.68 m x 2.4 m
Living room
Main level
2.78 m x 3.62 m
Kitchen
Main level
3.05 m x 3.2 m
Kitchen
Main level
3.76 m x 3.45 m
Bedroom
Main level
2.54 m x 3.2 m
Bedroom 2
Main level
2.38 m x 2.3 m
Bathroom
Main level
1.74 m x 1.48 m
Living room
Main level
3.48 m x 3.63 m
Living room
Main level
4.48 m x 3.46 m
Kitchen
Main level
3.56 m x 2.78 m
Bathroom
Upper Level
0.8 m x 2.41 m
Bedroom
Upper Level
2.39 m x 2.15 m
Bedroom
Upper Level
2.09 m x 3.69 m
Bathroom
Upper Level
0.62 m x 2.4 m
Bedroom
Upper Level
4.46 m x 3.43 m
Bedroom
Upper Level
3.2 m x 2.41 m
Parking Spaces
Name
Spaces
Detached Garage
Garage
Land
Total Size
40 x 100 FT
Amenities
Park, Public Transit
Sewer
Sanitary sewer
Size of Irregular Land
40 x 100 FT
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