373 First Avenue E, North Bay
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. (id:1945)
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Property details for 373 First Avenue E, North Bay
- Type
- Multi-family
- Bedrooms
- 10
- Bathrooms
- 4
- Lot Size
- 66 x 132 FT
- Stories
- 2
- Basement
- Full
- Parking
- Attached Garage, Garage
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Stone
- Annual Taxes
- $10,851 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 373 First Avenue E
Active Listings
1
Min Price
$1,179,900
Max Price
$1,179,900
Avg Price
$1,179,900
Days on Market
0
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
North Bay, Ontario
Population
389
Median Age
37.3
Median Income
$22,656
Dwelling Value
$160,579
Housing Tenure
Owners 41%
Renters 59%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 3,905.6/km²
Avg Shelter Cost: $1,220/mo
Owners with Mortgage: 81.2%
Owners Spending 30%+: 25%
Tenants Spending 30%+: 59.1%
English only: 75.3%
French only: 1.3%
English and French: 22.1%
Median Household Income: $40,320
Median Employment Income: $23,808
Price History
Listed
October 5, 2026
by Revel Realty Inc. Brokerage
Current Price
$1,179,900
Type
Multi-family
For Sale