668 Lakeshore Drive
North Bay, P1A 2G2
FOR SALE
$489,900

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Investment
CATEGORY51.84 x 100
LOT SIZEX13211498
MLSIDContact Us
Property Description
Positioned in the highly accessible West Ferris neighbourhood of North Bay off Lakeshore Drive, this purpose-built multi-residential investment property presents a compelling opportunity for investors seeking stable income potential in a prime waterfront-adjacent location. This raised brick bungalow comprises five self-contained units, including 1 one bedroom unit and 4 bachelor units. Ideally situated directly across from Lake Nipissing and along Jessup Creek, this property is zoned for a 5-plex as well as C7 offering a multitude of conversions including short-term rental. Just minutes along Lakeshore Drive, residents enjoy close proximity to shopping, restaurants, recreational facilities, transit routes, and public beach access, further enhancing long-term rental desirability. Set on a generous 51.84 FT x 100 FT lot, the property also offers ample on-site parking - a valuable asset for multi-unit residential holdings. With its strong location fundamentals, this is an exceptional opportunity to expand or strengthen a real estate investment portfolio.
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Property Details
Address
668 Lakeshore Drive
Community
City
Postal Code
P1A 2G2
Property Type
Investment, Investment
Use
Apartment
Zoning
RM1 Sp.154, C7
Lot Size
52' x 100'
Acreage
0.2 Feet
Taxes
$3,977 (2026
Heat Type
Baseboard
Water
Municipal
Parking Spaces
10
Garage Type
None
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Listing contracted with Revel Realty Inc. Brokerage
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