Gurvinder Nokwal REALTOR®
For Sale Triplex 13 days on market

$1,179,900

Est. payment $5,224/moCalculate yours

373 First Avenue E, North Bay, ON P1B 1K2

Central, North Bay, ON P1B 1K2

  • 10 Beds
  • 4 Baths
  • 1 Garage
  • 3,500 Sq Ft
Map

Listing courtesy of Revel Realty Inc. Brokerage MLS® X13860652

About this home

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 details

Overview

Property Type
Triplex
Style
2-Storey
For
For Sale
Status
New
Size
3,500 sqft

Interior

Bedrooms
10
Bathrooms
4
Kitchens
4
Basement
Full

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Stone
Foundation
Concrete Block
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
66 x 132 Feet
Parking
Attached garage · 7 total
Zoning
R6

Financial

Property Taxes
$10,851 (2026)

Location

Neighbourhood
Central
Cross Street
FIsher St and First Ave E
Direction Faces
West

Listing

MLS® Number
X13860652
Days on Market
13
Listed On
2026-10-05
Possession
Flexible
Listed By
Revel Realty Inc. Brokerage

Rooms

Room Level Dimensions
Bathroom Main 15′ 1″ × 6′ 4″
Dining Room Main 10′ 3″ × 7′ 6″
Kitchen Basement 17′ 6″ × 8′ 3″
Kitchen Second 12′ 4″ × 10′ 6″
Kitchen Second 14′ 5″ × 8′ 11″
Bedroom 2 Second 8′ 8″ × 10′ 3″
- Second 12′ 0″ × 9′ 10″
Laundry Second 4′ 2″ × 6′ 0″
Bedroom 3 Main 14′ 11″ × 11′ 10″
Family Room Basement 10′ 8″ × 25′ 7″
Primary Bedroom Second 10′ 7″ × 12′ 4″
Kitchen Main 15′ 5″ × 12′ 7″
Bathroom Second 10′ 2″ × 6′ 9″
Dining Room Second 12′ 4″ × 10′ 6″
Living Room Basement 17′ 6″ × 10′ 2″
Living Room Second 12′ 10″ × 11′ 5″
Bathroom Second 5′ 9″ × 8′ 7″
Primary Bedroom Second 9′ 7″ × 18′ 5″
Primary Bedroom Main 15′ 1″ × 13′ 9″
Living Room Main 10′ 4″ × 10′ 4″
Dining Room Basement 17′ 6″ × 7′ 2″
Laundry Main 8′ 2″ × 6′ 4″
Bedroom 2 Basement 13′ 0″ × 11′ 1″
Living Room Second 14′ 1″ × 20′ 1″
Bathroom Basement 13′ 1″ × 11′ 1″
Primary Bedroom Basement 10′ 11″ × 15′ 3″
Bedroom 2 Main 11′ 3″ × 10′ 8″
Bathroom Main 8′ 5″ × 6′ 4″
Utility Room Basement 11′ 8″ × 11′ 9″

Features

Interior

  • Accessory Apartment
  • ERV/HRV
  • In-Law Suite
  • Separate Heating Controls
  • On Demand Water Heater

Property

  • Public Transit
  • Arts Centre
  • Library
  • Place Of Worship
  • Park
  • School Bus Route

Pool

  • None
Included
4xFridge, 4xStove, 2xDishwasher, 4xWasher, 4xDryer, Shed, Water Heater Owned
Excluded
Tenant belongings, Heater in the garage
Rental items
None

Mortgage calculator

Minimum for this price: $92,990 (7.88%)

Amortization, years

Estimated mortgage payment

$5,224 per month

Principal and interest
$5,224
Property tax
$904
Estimated monthly cost
$6,129

Your mortgage

Mortgage amount
$943,920
Mortgage insurance
Not needed
Interest over 25 years
$623,383

Cash to close

Down payment
$235,980
Land transfer tax
$20,073
Total, before legal fees
$256,053
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

373 First Avenue E, North Bay, ON P1B 1K2 Central, North Bay, ON P1B 1K2
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,179,900 373 First Avenue E, North Bay, ON P1B 1K2
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