$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
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
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
Estimated mortgage payment
$5,224 per month
- Principal and interest
- $5,224
- Property tax
- $904
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $256,053
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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