$ 1,695,000
245 Mattawa Street
245 Mattawa Street, North Bay, ON P1B4M2 Photo 1
26 Photos
245 Mattawa Street, North Bay, ON P1B4M2 Photo 2
245 Mattawa Street, North Bay, ON P1B4M2 Photo 3
245 Mattawa Street, North Bay, ON P1B4M2 Photo 6 245 Mattawa Street, North Bay, ON P1B4M2 Photo 7 245 Mattawa Street, North Bay, ON P1B4M2 Photo 8 245 Mattawa Street, North Bay, ON P1B4M2 Photo 9 245 Mattawa Street, North Bay, ON P1B4M2 Photo 10 245 Mattawa Street, North Bay, ON P1B4M2 Photo 11 245 Mattawa Street, North Bay, ON P1B4M2 Photo 12 245 Mattawa Street, North Bay, ON P1B4M2 Photo 13 245 Mattawa Street, North Bay, ON P1B4M2 Photo 14 245 Mattawa Street, North Bay, ON P1B4M2 Photo 15 245 Mattawa Street, North Bay, ON P1B4M2 Photo 16 245 Mattawa Street, North Bay, ON P1B4M2 Photo 17 245 Mattawa Street, North Bay, ON P1B4M2 Photo 18 245 Mattawa Street, North Bay, ON P1B4M2 Photo 19 245 Mattawa Street, North Bay, ON P1B4M2 Photo 20 245 Mattawa Street, North Bay, ON P1B4M2 Photo 21 245 Mattawa Street, North Bay, ON P1B4M2 Photo 22 245 Mattawa Street, North Bay, ON P1B4M2 Photo 23 245 Mattawa Street, North Bay, ON P1B4M2 Photo 24 245 Mattawa Street, North Bay, ON P1B4M2 Photo 25 245 Mattawa Street, North Bay, ON P1B4M2 Photo 26

245 Mattawa Street, North Bay

Investment opportunity with main floor 3 commercial/industrial units plus 5 residential apartments fully updated and turn key. Zoned M-2, this building has seen numerous upgrades to each residential unit plus a fire retrofit inspection 2024, updated hot water boiler in 2017. Residential apartments are 2x3 bedrooms and 3x2 bedrooms, all of which have seen large renovations and updates including kitchens, bathrooms, flooring, lighting, trim, 4 built in all in one laundry machines and most windows. The 3 commercial industrial units are 2075 Sqft, 1700 sqft and 700 sqft with high ceilings and 3 grade loading doors. Whole building is gas hot water and tenants rents are all inclusive except for the hydro cost. Actual Income and expense sheet available including management fees on the residential units, vacancy and maintenance allowances. Other supporting documentation upon request, legal non conforming building, Gross Income $177,309 with Net income $119,124 and a Cap Rate of 7.03 including vacancy, utilities, taxes, maintenance and a 5% property management line. A detailed income and expense statement is available, additional supporting documentation provided upon request. All photos are before tenants moved in. (id:1945)
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Property details for 245 Mattawa Street, North Bay

Type
Multi-family
Bedrooms
12
Bathrooms
8
Living Area
8,950 square feet
Lot Size
164.7 x 37 FT
Stories
2
Basement
Other, See Remarks, N/A
Parking
Garage
Heating
Natural gas
Cooling
None
Exterior
Brick, Stucco
Annual Taxes
$16,190 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 245 Mattawa Street

Active Listings
1
Min Price
$1,695,000
Max Price
$1,695,000
Avg Price
$1,695,000
Days on Market
114
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

Price History

Listed
June 22, 2026
by REALTY EXECUTIVES Local Group Inc. Brokerage
Current Price
$1,695,000
+13% from last change
Type
Multi-family
For Sale
Price Changes
1
Date Price Change
Current $1,695,000 +$195,000 (+13%)
Jun 22, 2026 $1,500,000 Listed

Contact Agent Get in touch about 245 Mattawa Street, North Bay

MIKE BURMAN
MIKE BURMAN
REALTY EXECUTIVES Local Group Inc. Brokerage

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