Space
Finished area and layout
- Building Area
- 4,015 sqft
- Bathrooms
- 5
+21 more
5
Bathrooms
4,015 sqft
Building Area
4015
Lot
4
Parking
Property Snapshot
Key details for this listing
MLS #X13707952
Property
Type, style and structure
- Type
- commercial
- Style
- investment / Mixed Use
Lot
Land, frontage and setting
- Lot
- 4015
About This Property
This 5-bathroom investment in North Bay offers 4,015 sqft of building area on a 4015 lot. The property has zoned C4. The home features no.
MLS Remarks
Investor opportunity in North Bay !1009 Algonquin Avenue, A 5-unit mixed-use investment property. This is a retail or office building with 3 residential apartments, offering both commercial income and residential upside. The property has 2 commercial units currently generating approximately $2,000 per month combined, with one on a one-year lease and the other on a two-year lease. Both commercial tenants pay their own hydro. The 3 residential units consist of 2 one-bedroom and 1 two-bedroom apartment. All three will be vacant by August 30, giving the new owner the opportunity to choose their own tenants. The property has five separate hydro meters and approximately four parking spaces at the rear, with potential for two additional spaces on the side. When fully rented, the property generated approximately $78,000 per year, with historical expenses (excluding mortgage) of approximately $16,000 to $18,000 per year. If you're looking for a property with existing commercial income and strong residential upside, this one is worth a look. (id:60351)
Full Listing Details
Address1009 Algonquin Avenue, North Bay, ON P1B 4X9
MLS#X13707952
Listing StatusActive
Property TypeCommercial
Sub-TypeInvestment
TransactionSale
List DateAug 24, 2026
Days on Market62
Annual Tax$10,169 (2025)
Parking4
StyleMixed Use
Bathrooms5
Living Area4,015 sqft
CityNorth Bay
ProvinceOn
Postal CodeP1B 4X9
Lot Size4,015 sqft
Lot Dimensions4015
Frontage34.0 feet
ZoningC4
Zoning DetailsC4
Total Parking4
CoolingNo
SecurityNo
UtilitiesYes
Annual Tax$10,169 (2025)
South East corner of Norwood andAlgonquin Ave
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