12 hours on Market

373 First Ave, North Bay, Ontario P1B 1K2

Townhouse
10
4
~3500-5000 sqft
$1,179,900
Get pre-qualifiedPowered by nesto
Townhouse
10
4
~3500-5000 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market12 hours

Estimated valueNot available

Price/Sqft$286/sqft

Monthly cost

Open Calculator

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. Pre-inspected for your peace of mind.


Property Details

Style2-Storey
View-
Age of property-
SqFt~3500-5000 SqFt
Lot Size8,712 SqFt(132 x 66)
Parking Spaces7
MLS ®NumberX13860652
Community NameNorth Bay
Data SourceTRREB
Listing byRevel Realty Inc. Brokerage

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full

Main Floor

Kitchen

4.69 x 3.84

Tile Floor / W/O To Patio / Sliding Doors

Dining

3.13 x 2.28

hardwood floor / Open Concept

Living

3.14 x 3.15

hardwood floor / Open Concept

Primary

4.61 x 4.19


Features

Lot size: 8,712 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 6

Total parking spaces 7


Property listed by Revel Realty Inc. Brokerage, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - North Bay

Geo Zone Map ThumbnailNorth Bay

Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

16 days

Compared to

2025

41 days

2024

27 days

2023

3 days

New Listings

Past 30 days

4 listings

Compared to

2025

9 listings

2024

2 listings

2023

4 listings

Units sold

Past 30 days

2 units

Compared to

2025

5 units

2024

4 units

2023

3 units

Median Sold Price

Past 30 days

$644,500

Compared to

2025

$440,000

2024

$659,400

2023

$273,000


Population and Demographics

Overview

Total population 51969
Average household income $105,004

Age (%)

0 to 19
20%
20 to 34
20%
35 to 49
17%
50 to 64
21%
65 and plus
22%

Household composition (%)

Single family
58%
Single person
36%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
83%
French
12%
English and French
2%
Others
2%

House tenancy (%)

Owners
59%
Renters
41%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget