Stairs for 523 First Ave, North Bay Ontario P1B 1K5
254 days on Market

523 First Ave, North Bay, Ontario P1B 1K5

Townhouse
-
9
~2000 sqft
$979,000
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Townhouse
-
9
~2000 sqft

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Highlights

Property Estimate

Days on market254 days

Estimated valueNot available

Price/Sqft$489/sqft

Monthly cost

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Description

Attention investors! This bright and clean 9 bachelor unit property has a gross income of $105,984 with the potential rent increase to $128000 without any renovations or extra expenses. The convenient location to downtown and transportation access to the hospital and university make this a desirable spot for students and single-working professionals. With a 0% vacancy rate, this gem is easy to rent with the bonus of low maintenance and easy management. 2023 Year expenses: gas $4434, Hydro $3063, Water/sewer $1953, INsurance $6719. This property is well-maintained and has had many updates over the past 6 years. Responsible tenants. All rents are paid on time online.


Property Details

StyleResidential Income
View-
Age of property-
SqFt~2000 SqFt
Lot Size5,632 SqFt(128 x 44)
Parking Spaces6
MLS ®Number40684236
Community NameNorth Bay
Data SourceITSO
Listing byROYAL DYNASTY REAL ESTATE LTD.

Features

Heating: Baseboard, Electric, Natural Gas
Basement: Full, Finished

Features

Lot size: 5,632 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property listed by ROYAL DYNASTY REAL ESTATE LTD., Brokerage
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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

18 days

Compared to

2024

15 days

2023

14 days

2022

10 days

New Listings

Past 30 days

7 listings

Compared to

2024

2 listings

2023

3 listings

2022

1 listing

Units sold

Past 30 days

2 units

Compared to

2024

1 unit

2023

3 units

2022

1 unit

Median Sold Price

Past 30 days

$521,000

Compared to

2024

$480,000

2023

$355,000

2022

$275,000


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