221 Algonquin Avenue, North Bay
This well-positioned multi-use property offers an attractive combination of residential and commercial income potential. The building features 18 one-bedroom apartments and 4 commercial spaces, providing a diverse tenant mix and multiple revenue streams. Located at a highly visible downtown intersection, the property is C-1 zoned and offers excellent exposure. Select residential units feature water views, with North Bay's scenic waterfront and downtown amenities just moments away. Additional features include approximately 25 parking spaces, three sets of new cashless digital operated washers and dryers under lease agreement with Sparkle solutions , and a hot water boiler heating system updated in 2011. The membrane roof coverings were updated in 2012. A Phase 1 environmental report, survey, income and expense statements, and additional supporting documentation are available through the listing brokerage. An excellent opportunity for investors seeking a substantial mixed-use asset with existing income, additional upside potential, flexible commercial opportunities, and a prime downtown location. (id:1945)
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Property details for 221 Algonquin Avenue, North Bay
- Type
- Multi-family
- Bedrooms
- 18
- Bathrooms
- 18
- Living Area
- 20,500 square feet
- Lot Size
- Bldg=254.7 x 132 FT
- Heating
- Hot water radiator heat, Natural gas
- Cooling
- Fully air conditioned
- Annual Taxes
- $29,465 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 221 Algonquin Avenue
Active Listings
1
Min Price
$2,899,900
Max Price
$2,899,900
Avg Price
$2,899,900
Days on Market
51
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
September 3, 2026
by EXP REALTY
Current Price
$2,899,900
-6.5% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $2,899,900 | $200,100 (-6.5%) |
| Sep 3, 2026 | $3,100,000 | Listed |
Contact Agent Get in touch about 221 Algonquin Avenue, North Bay
DARYL BABINEAU
EXP REALTY
