373 First Avenue

Central, North Bay, P1B 1K2
FOR SALE
$1,179,900
373 First Avenue, North Bay
373 First Avenue
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10
BEDROOMS
4
BATHROOMS
4
KITCHENS
20
ROOMS
X13860652
MLSID
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Property Description
Built for income and positioned for long-term performance, this 2016-built legal triplex presents an excellent opportunity to add a strong multi-residential asset to your investment portfolio. Centrally located in the downtown core of North Bay, the property features three legal residential units plus an additional in-law suite in the lower level, creating four self-contained living spaces and a diversified rental income stream.The main floor is anchored by a spacious 3-bedroom unit featuring an attached garage, open-concept living space and modern finishes. The second level offers two thoughtfully designed 2-bedroom apartments, while the lower level provides a generous open-concept 2-bedroom in-law suite. Each unit is equipped with its own private laundry and 4-PC bath(s)-an attractive feature for tenants and an added advantage for an investor looking for a well-designed, low-maintenance rental property. With all four units currently generating strong rental income at or above market rents, this is an opportunity to acquire an established investment without the heavy lifting typically associated with repositioning an older multiplex. Whether you're expanding an established portfolio or looking for a substantial multi-unit investment, this property checks the boxes that matter to a Landlord. A compelling opportunity to acquire a quality income-producing asset in the heart of North Bay.
Property Features
Public Transit, Arts Centre, Library, Place Of Worship, Park, School Bus Route, Accessory Apartment, ERV/HRV, In-Law Suite, Separate Heating Controls, On Demand Water Heater, Private Double, Lane, Carbon Monoxide Detectors, Smoke Detector
Property Details
Address
373 First Avenue
Community
Postal Code
P1B 1K2
Property Type
Triplex, Triplex
Zoning
R6
Lot Size
66' x 132'
Taxes
$10,851 (2026
Basement
Full
Exterior
Deck, Landscaped, Year Round Living
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
6
Garage Type
Attached
Listing contracted with Revel Realty Inc. Brokerage
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