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4
BEDROOMS 2
BATHROOMS 2
KITCHENS 10
ROOMS X12994726
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Property Description
This well-maintained century home is a legal duplex offering two self-contained units with separate entrances and parking for four vehicles, an excellent opportunity for investors or buyers seeking to offset their mortgage with rental income or accommodate multi-generational living. Extensively updated between 2021-2024, the property blends timeless character with modern improvements, including a new furnace and central air (2021), updated shingles (2021), and significant insulation, soundproofing, and fire separation enhancements between units. The third floor was fully remodelled in 2021 with added spray foam insulation, followed by a complete second-floor kitchen renovation in 2022, along with major exterior and crawlspace upgrades, including sealing and spray foam. In 2023, the main floor underwent a full gut renovation, including a beautifully updated bathroom, with additional double-layer sound and fireproofing and insulation improvements throughout. Exterior upgrades continue with a new deck (2023), brick pathways, retaining wall and fencing improvements, a new Mennonite-built shed (2024), and a sump pump installation (2024). Waterlines have been updated throughout (2021-2023), and each unit offers its own heating setup, with Apartment 1 featuring forced air natural gas with central air, and Apartment 2 offering a natural gas fireplace with optional baseboard heating, along with its own hydro meter and electrical panel. Centrally located and close to everyday amenities, this solid brick, turnkey duplex offers a rare combination of flexibility, comfort, and long-term value, making it an ideal opportunity for buyers seeking a move-in-ready property with strong income potential in the heart of North Bay. Apt 1 is vacant (previous rent was ($2500 month) and Apt 2 currently is occupied by a long-term quiet bachelor tenant motivated to remain. Current rent $1,550/month.
Property Features
Fenced Yard, Level, School Bus Route, Public Transit, Place Of Worship, School, Carpet Free, On Demand Water Heater, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Storage, Sump Pump, Upgraded Insulation, Natural Gas
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Property Details
Address
647 Douglas Street
Community
City
Postal Code
P1B 5N9
Property Type
Duplex, Duplex
Days On Market
56
Zoning
R3
Lot Size
47' x 125'
Taxes
$3,206 (2025
Basement
Full
Exterior
Controlled Entry, Deck, Landscaped, Patio, Year Round Living
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
4
Garage Type
None
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This cute and charming bungalow offers an excellent opportunity for investors and first-time home buyers alike. This well-maintained legal duplex provides strong income potential and long-term value in a convenient central location. Numerous renovations have been completed over the years, including newer flooring, making the property move-in ready and ideal for generating steady rental income .Located close to the YMCA, public transit, schools, and within walking distance to grocery stores and everyday amenities, this home offers convenience for both owners and tenants. The large fenced backyard is perfect for enjoying the summer months, entertaining guests, gardening, or creating your own private outdoor retreat. Whether you are looking to expand your investment portfolio or offset your mortgage with rental income, this legal duplex is a fantastic opportunity you do not want to miss. The upstairs unit is currently rented for $1,700/month plus gas and hydro. The basement unit is rented for $1,500/month all inclusive, providing immediate rental income for the new owner.
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LIVE IN ONE SIDE & LET THE OTHER HELP PAY THE MORTGAGE! Here's an incredible opportunity for investors, first-time buyers, or anyone looking to build equity while owning income-producing real estate! This well maintained side-by-side duplex is ideally located in a central and convenient neighbourhood, close to schools, shopping, public transit, the waterfront, and so much more. UNIT 1 - VACANT & READY FOR YOU! The larger unit is currently vacant, giving you the opportunity to move right in or select your own tenant. The main floor features a sunken kitchen with a comfortable layout and a spacious living room. Upstairs, you'll find 3 bedrooms and a 4-piece bathroom, providing plenty of room for a family. The lower level adds even more living space with a generous recreation room and laundry room. This unit also comes complete with all appliances, making it a convenient option for immediate occupancy. With a side yard, newer concrete driveway, parking for 2, maybe 3. UNIT 2 - COZY & CURRENTLY RENTED The second unit is a charming 1-bedroom apartment, currently rented and providing immediate rental income. Featuring a nice size kitchen living room area , cozy gas fireplace. Outside unit 2, there is parking for 2, a nice-sized yard, and a storage shed for added convenience. For added flexibility, the partitioning wall between the two units can be removed for a simple conversion into a single dwelling unit. Whether you're looking to invest, add a solid income property to your portfolio, or are looking for a starter home with room to grow into, this duplex offers tremendous flexibility. Live in the larger unit while the income from the one-bedroom apartment helps offset your mortgage-or rent both units and build your investment portfolio. With its excellent central location, two separate living spaces, existing rental income, and vacant larger unit, this property offers the kind of versatility buyers are looking for.
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