745 Morin Street

Central, North Bay, P1B 5S1
FOR SALE
$1,110,000
745 Morin Street, North Bay
745 Morin Street
745 Morin Street
745 Morin Street
745 Morin Street
745 Morin Street
745 Morin Street
745 Morin Street
745 Morin Street
745 Morin Street
745 Morin Street
745 Morin Street
745 Morin Street
745 Morin Street
745 Morin Street
745 Morin Street
745 Morin Street
745 Morin Street
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6 + 2
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
12 + 6
ROOMS
X13501156
MLSID
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Property Description
Pride of ownership is evident throughout this meticulously maintained purpose-built triplex, offering investors a true turnkey opportunity with strong, reliable returns. Extensively updated over the years, this high-performing income property features two spacious 3-bedroom units and one 2-bedroom unit, along with shared coin-operated laundry that provides additional income. The building is fully occupied and has been operated as a non-smoking, pet-free property. With an excellent unit mix, on-site parking, private balconies, tenant storage, separate hydro meters, and minimal maintenance requirements, this property is well-positioned for continued long-term success. Currently generating approximately $86,400 in gross annual income and an estimated net operating income of $58,149 it , represents a solid addition to any investment portfolio. Detailed income and expense information are available to qualified buyers upon request.
Property Features
Floor Drain, Separate Hydro Meter, Water Meter, Private, Smoke Detector, Carbon Monoxide Detectors
Property Details
Address
745 Morin Street
Community
Postal Code
P1B 5S1
Property Type
Triplex, Triplex
Zoning
R2
Lot Size
50' x 125'
Taxes
$5,221 (2025
Basement
Finished, Full
Exterior
Year Round Living, Deck
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
Listing contracted with Royal Lepage Northern Life Realty, Brokerage
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