4319 Highway 11 N, North Bay

  • Bedrooms: 16
  • Bathrooms: 13
  • Added: 4 months ago
  • Updated: 4 months ago
  • Last Checked: 4 months ago
  • Listed by: REALTY EXECUTIVES Local Group Inc. Brokerage

Listing description
This Other at 4319 Highway 11 N North Bay, ON with the MLS Number x12368090 listed by MIKE BURMAN - REALTY EXECUTIVES Local Group Inc. Brokerage on the North Bay market 4 months ago at $1,099,000.

Looking for a strong cash-flowing investment that meets the 1% rule? This turnkey 13-unit residential complex delivers immediate income with excellent upside potential as interest rates decline. Sitting on a 1-acre lot, the property includes a newly renovated 3-bedroom detached home and a 12-unit main building that was rezoned in 2022. The main building offers 11 bachelor units and one 1-bedroom unit. Gross rental income is $137,452, with projected expenses (including management, vacancy, and maintenance) estimated at $53,079, resulting in a solid net income before financing of $78,875. With 7 units already at or near market rent, there is substantial opportunity to grow returns as the remaining tenancies turn over. The property has been well-documented and carefully maintained, with updates and reports that include: new shingles with ice guard (2023), site plan control with building and parking details, water testing and well reports, zoning confirmations, a 2014 fire retrofit, and detailed income/expense statements. The fully renovated 3-bedroom home was restored by professional fire remediation. Package includes occupancy permits and major updates including electrical, gas furnace, framing, and drywall, all completed to current code. Additional highlights include 5 older septic systems in good working order and a drilled well, supported by engineering reports confirming compliance with MOE guidelines. (id:1945)
Powered by REALTOR.ca
This listing content provided by REALTOR.ca has been licensed by REALTOR®
members of The Canadian Real Estate Association
Property Details Key information about 4319 Highway 11 N
  • Heating: Other
  • Stories: 1.5
  • Structure Type: Other
  • Exterior Features: Vinyl siding
  • Foundation Details: Slab
Interior Features Discover the interior design and amenities
  • Appliances:
    • Washer
    • Refrigerator
    • Stove
    • Dryer
    • Water Treatment
    • Water Heater
  • Bedrooms Total: 16
Exterior & Lot Features Learn about the exterior and lot specifics of 4319 Highway 11 N
  • Water Source: Drilled Well
  • Parking Total: 18
  • Parking Features: No Garage
  • Lot Size Dimensions: 210 x 210 Acre
Location & Community Understand the neighborhood and community
  • Directions: Berkely Blvd.
  • Street Dir Suffix: North
Utilities & Systems Review utilities and system installations
  • Sewer: Septic System
Tax & Legal Information Get tax and legal details applicable to 4319 Highway 11 N
  • Tax Year: 2024
  • Tax Annual Amount: 11642
  • Zoning Description: RC Sp.22 with SPC
Additional Features Explore extra features and benefits
  • List A O R: North Bay
  • List A O R Key: 61
  • Security Features: Smoke Detectors
  • Living Area Maximum: 5000
  • Living Area Minimum: 3500
  • Bedrooms Above Grade: 16

Nearby Listings Stat Estimated price and comparable properties near 4319 Highway 11 N

Active listings
2
Min Price
$999,900
Max Price
$1,099,000
Avg Price
$1,049,450
Days on Market
122 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

Nearby Places Nearby schools and amenities around 4319 Highway 11 N

Near North District School Board (5.3 km)
963 Airport Road North Bay, ON, P1B 8H1

Canadore College (5.5 km)
100 College Dr, North Bay

Odyssée (7.2 km)
480, avenue Norman North Bay, ON P1B 0A8

North Bay/Jack Garland Airport (4.4 km)
50 Terminal St., North Bay

Nipissing University (5.8 km)
100 College Dr, North Bay

Widdifield Secondary School (6.2 km)
North Bay

Boston Pizza (6.3 km)
50 Josephine St, North Bay

Joey's Seafood Restaurants North Bay (6.5 km)
180 Shirreff Ave, North Bay

Caseys Grill Bar (6.9 km)
20 Maplewood Ave, North Bay

Burger World (6.9 km)
1308 Algonquin Ave, North Bay

Hampton Inn by Hilton North Bay (6.4 km)
950 McKeown Ave, North Bay

Comfort Inn Airport (6.9 km)
1200 O'Brien St, North Bay

Sobeys (6.5 km)
1899 Algonquin Ave, North Bay

Twiggs Coffee Co (6.5 km)
501 McKeown Ave, North Bay

North Bay Regional Health Centre (6.6 km)
50 College Dr, North Bay

Price History

August 28, 2025
by REALTY EXECUTIVES Local Group Inc. Brokerage
$1,099,000
4319 Highway 11 N
More Details?
MIKE BURMAN
  • MIKE BURMAN
  • REALTY EXECUTIVES Local Group Inc. Brokerage
  • 705-477-4442
  • Website

Similar Other For Sale

Comparison of 4319 Highway 11 N, North Bay, ON with Nearby Other
Nearby Cities Listings Avg. price
West Nipissing Real Estate 100 $224,805
Sudbury Real Estate 81 $769,441
Lake Of Bays Real Estate 66 $712,435
Huntsville Real Estate 161 $954,538
Muskoka Lakes Real Estate 71 $1,403,333
Bracebridge Real Estate 78 $861,764
Popular Cities Listings Avg. price
Kawartha Lakes Real Estate 465 $865,405
Barrie Real Estate 482 $865,899
Richmond Hill Real Estate 465 $1,755,815
Oshawa Real Estate 356 $821,351
Markham Real Estate 562 $1,252,230
Vaughan Real Estate 719 $1,498,990