This Triplex Income Property is located close to shopping, the library, downtown, public transportation and the waterfront. Two units face Ferguson, a one bedroom rented for $966+hydro and a vacant two bedroom unit to pick your own tenant can be rented for $1300+hydro & gas. Facing Fourth Avenue is the 4 Bedroom unit rented for $1592. This is a fantastic investment property for the savvy investor with a net income of $46,300. It is also a perfect home for someone looking to live in the 2 Bedroom unit and renting the other 2 units as mortgage helpers.
Property Type:
Residential Freehold
Property Sub Type:
Triplex
Home Style:
2-Storey
Total Approx Floor Area:
2000-2500
Lot Depth:
122'7½"37.4 m
Lot Frontage:
40'8"12.4 m
Direction Faces:
North
Bedrooms:
7
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
3
Bedrooms Above Grade:
7
Kitchens Above Grade:
3
Rooms Above Grade:
10
Zoning:
R3
Heating type:
Baseboard
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Unfinished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Available, Private
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
TBD
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$3,729.35 /
2026
Assessment:
$- /
-
Nipissing
North Bay
Central
Library, Public Transit
Separate Heating Controls, Separate Hydro Meter
None.
3 Hot water tanks, 2 Fridges, 2 Stoves, 1 Washer and 1 Dryer
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