555 Main Street W, North Bay, ON P1B 2V3 (Oak St)

Price : $1,299,900.00 , MLS®# : X12403832

Description

A fully completed Fire Inspection Order will be ready at the beginning of 2026. Discover the exceptional potential of this premium 6-unit multiplex, a rare opportunity offering both high cash flow and low maintenance. Each generously sized unit provides a spacious, comfortable living environment and delivers an excellent return on investment. Ideally located within walking distance to the beach, downtown, and major shopping areas, this property captures the very essence of what makes North Bay so desirable. Enhance your investment with practical amenities such as coin-operated laundry and dedicated parking, including six resident spaces and three additional spots for guests. Beyond its strong financial appeal, this multiplex boasts impressive curb appeal with classic brick architecture and a striking tower feature that adds timeless grandeur. Residents will also enjoy back balconies that offer sweeping water views-an everyday reminder of the property's prime location. The property seamlessly blends functionality with aesthetics, making it not only a smart investment but also a proud piece of North Bay's architectural charm. Seize this incredible opportunity to own a piece of real estate that enriches your portfolio and reflects the vibrant spirit of a thriving community. NO VACANCIES. Photos are from various vacancies over the years. This is truly a must-see-property shows even better in person.**

Location Description

Oak St

Property Details
  • Community: Central
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 13
  • Bath: 7
  • Garages: None
  • Annual Property Taxes : $ 9742.02
Building Features
  • Foundation Type: Concrete Block-Concrete-Stone
  • Counstruction Material : Brick Veneer-Vinyl Siding
  • Total Parking Space : 9
  • Parking Type : None
Building Features
  • Heating : WaterGas
  • Sewer : Sewer ,
Land (Lot Features)
  • Frontage: 74.55 sq.ft
  • Land Depth: 86.9sq.ft

Listing Contracted With: Century 21 Blue Sky Region Realty Inc., Brokerage