Gurvinder Nokwal REALTOR®
For Sale Triplex 111 days on market

$1,110,000

Est. payment $4,915/moCalculate yours

745 Morin Street, North Bay, ON P1B 5S1

Central, North Bay, ON P1B 5S1

  • 6 + 2 Beds
  • 3 Baths
  • 2,500 Sq Ft
Map

Listing courtesy of Royal LePage Northern Life Realty, Brokerage MLS® X13501156

About this home

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. Roof has recently been re-shingled 2026.

Property details

Overview

Property Type
Triplex
Style
2-Storey
For
For Sale
Status
New
Approximate Age
51-99
Size
2,500 sqft

Interior

Bedrooms
6 + 2
Bathrooms
3
Kitchens
3
Basement
Finished, Full

Building & Systems

Heating
Radiant (Gas)
Cooling
None
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
50 x 125 Feet
Parking
None garage · 4 total
Zoning
R2

Financial

Property Taxes
$5,221 (2025)

Location

Neighbourhood
Central
Cross Street
High St
Direction Faces
West

Listing

MLS® Number
X13501156
Days on Market
111
Listed On
2026-06-29
Possession
flexible
Listed By
Royal LePage Northern Life Realty, Brokerage

Features

Interior

  • Floor Drain
  • Separate Hydro Meter
  • Water Meter

Pool

  • None
Included
3 x Fridge, 3 x Stoves, 1 coin operated washer and dryer
Excluded
tenants personal belongings
Rental items
Hot water tank

Mortgage calculator

Minimum for this price: $86,000 (7.75%)

Amortization, years

Estimated mortgage payment

$4,915 per month

Principal and interest
$4,915
Property tax
$435
Estimated monthly cost
$5,350

Your mortgage

Mortgage amount
$888,000
Mortgage insurance
Not needed
Interest over 25 years
$586,452

Cash to close

Down payment
$222,000
Land transfer tax
$18,675
Total, before legal fees
$240,675
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

745 Morin Street, North Bay, ON P1B 5S1 Central, North Bay, ON P1B 5S1
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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).

$1,110,000 745 Morin Street, North Bay, ON P1B 5S1
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