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$449,999
North Bay
155 Duke Street West, North Bay (Central), Ontario, P1B6E5
This multi-family property in North Bay is for sale offering roughly 350 sq ft of space.
This cute and charming bungalow offers an excellent opportunity for investors and first-time home buyers alike. This well-maintained legal duplex provides strong income potential and long-term value in a convenient central location. Numerous renovations have been completed over the years, including newer flooring, making the property move-in ready and ideal for generating steady rental income .Located close to the YMCA, public transit, schools, and within walking distance to grocery stores and everyday amenities, this home offers convenience for both owners and tenants. The large fenced backyard is perfect for enjoying the summer months, entertaining guests, gardening, or creating your own private outdoor retreat. Whether you are looking to expand your investment portfolio or offset your mortgage with rental income, this legal duplex is a fantastic opportunity you do not want to miss. The upstairs unit is currently rented for $1,700/month plus gas and hydro. The basement unit is rented for $1,500/month all inclusive, providing immediate rental income for the new owner. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 163 days on market, against an average age of 47 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 27 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 4-bed multi-family in North Bay (Central) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $449,999, about 6.8× the local median household income of $66,000.
Carrying it typically needs a household income of about $87,901 (20% down, 25-yr amortization, stress-tested) — roughly 33% above the area median.
Source: Statistics Canada, 2021 Census (FSA P1B)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.