$239,900

For sale

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216 Highland Road, North Bay (Central) - Multi-family for Sale

216 Highland Road, North Bay (Central), Ontario, P1B6K6

2 beds2 baths4 parking ft²

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7 bd3 ba2 pk350 ft²Lot size 43 × 66 ft (2,838 sq ft)

Listed by Revel Realty Inc. Brokerage

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For sale

14 days ago

$2.95M

608-618 Lorne Avenue, North Bay (Central), Ontario, P1B6X2

22 bd11 ba15 pk5,000 ft²Lot size 125 × 96 ft (12,000 sq ft)

Listed by REALTY EXECUTIVES Local Group Inc. Brokerage

860 Worthington Street East, North Bay (Central), Ontario, P1B1J4

For sale

14 days ago

$950K

860 Worthington Street East, North Bay (Central), Ontario, P1B1J4

8 bd4 ba8 pk4,250 ft²Lot size 60 × 132 ft (7,920 sq ft)

Listed by REALTY EXECUTIVES Local Group Inc. Brokerage

695 High Street, North Bay (Central), Ontario, P1B6R9

For sale

14 days ago

$340K

695 High Street, North Bay (Central), Ontario, P1B6R9

3 bd2 ba3 pk1,300 ft²Lot size 63 × 48 ft (2,969 sq ft)

Listed by Century 21 Blue Sky Region Realty Inc., Brokerage

Investment analysis

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$239,900

North Bay

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59 × 98 ft (5,800 sq ft) lot size

Overview

This multi-family property in North Bay is for sale offering roughly 350 sq ft of space. It has been on the market 19 days, fresher than the North Bay average of 47 days.

Multi-Family Properties for Sale in North Bay →All real estate in North Bay →

Description

An affordable opportunity for first-time buyers, singles, or investors! This property offers a 1 bedroom, 1 bathroom upper unit and a separate 1 bedroom, 1 bathroom lower unit with its own entrance - ideal for extended family or potential rental income. Recent updates include new flooring in both units, fresh paint and a new entrance door for the lower unit. Some additional maintenance and TLC remain, offering an opportunity to add value and make it your own! (id:66096)

Property Details

MLS®: X14087946
Property Type: Multi-family
Zoning: R3
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 4
Interior Size: 350 ft²
Lot Size: 59 × 98 ft (5,800 sq ft)
Frontage: 59 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full, Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Property Tax: $2,552.61/yr
Listed: 19 days ago

Rooms

Main level

Living room: 6.29 x 3.04 meters
Kitchen: 5.18 x 2.43 meters
Primary Bedroom: 3.35 x 2.43 meters
Bathroom: 2.69 x 2.3 meters

Basement

Living room: 4.87 x 3.91 meters
Kitchen: 2.69 x 3.53 meters
Bathroom: 2.69 x 2.3 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove
Foundation: Block
Exterior: Vinyl siding
Lot Features: Irregular lot size, Flat site

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

19d

North Bay (Central) listings, avg age

47d

Price / ft²

$686

List price

$240K

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.

Haho

This 2-bed multi-family in North Bay (Central) has been listed for 19 days, which is 28 days fresher than the city average of 47. Act while there is still low competition.

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Listed by Coldwell Banker-Peter Minogue R.E., Brokerage · SUE FAVRETTO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P1B)

This home lists at $239,900, about 3.6× the local median household income of $66,000.

Carrying it typically needs a household income of about $46,861 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $66,000
Population: 33,113
Median age: 44.4
Owner / renter: 57% / 43%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA P1B)

$239,900· $686/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $11,995

Min 5%50%

Mortgage payment$1,264/mo

↳ CMHC premium ($9,116 capitalized)

Property tax (est.)$213/mo

Total monthly$1,476

Cash Needed to Close

Down payment (5%)$11,995

Land transfer tax$2,124

Est. closing costs$3,220

Total cash needed$17,339

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice