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Royal LePage
Royal LePage
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$749,000

1150 FERGUSON STREET, North Bay (Central), Ontario, P1B 1Y6

MLS® # X13651446

North Bay (Central) ON, P1B 1Y6

MLS® # X13651446

Property Information:

This well-maintained and managed six-plex offers a prime investment opportunity in a central location. Featuring a balanced unit mix of three spacious two-bedroom units and three comfortable one-bedroom units, this property appeals to a wide range of tenants and ensures strong rental demand. Situated close to amenities, public transit, shopping, schools, and downtown services, tenants enjoy easy access to everything they need, making this a consistently attractive rental property. This property presents a solid income-generating opportunity, almost 8% CAP Rate, with stable tenancy potential in a central area. Whether you're expanding your portfolio or entering the multi-family market, this six-plex is a smart, turnkey investment. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 3500 sqft
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Features: Irregular lot size
  • Floor Space (approx): 3500 Square Feet
  • Irregular: Yes
  • Lot Depth: 87 Feet
  • Lot Frontage: 72 Feet
  • Lot Size: 72 x 87 FT
  • Zoning: RM2 SP85
  • Sewer: Sanitary sewer

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 1150 FERGUSON STREET, North Bay (Central), Ontario, P1B 1Y6

Demographic Information of 1150 FERGUSON STREET, North Bay (Central), Ontario, P1B 1Y6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$79,317.54

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.57 %

High school certificate or equivalent

28.8 %

Apprenticeship trade certificate/diploma

6.84 %

College/non-university certificate

30.8 %

University Degree

11.99 %

Commuter

Travel To Work

By Car

69.82 %

By Public Transit

3.69 %

By Walking

17.38 %

By Bicycle

2.49 %

By Other Methods

6.62 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

43.11 %

Houses

56.89 %

Own Vs. Rent

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