332 Second Ave E

North Bay | Central | P1B 1L6
  • 5
  • 3
  • 0

$499,900

Est. Mtg $1,695 /mo
  • Days on market

    39

  • Status

    New

Listing Broker Royal LePage Northern Life Realty, Brokerage
Since listed: 2 views

Home details

MLS #:

X11986882

Property type:
Triplex
Style:
3-Storey
Taxes:
$4,200
Possession:
Lot Front:
33.0   Feet
Lot Depth:
132.0   Feet
Basement:
Crawl Space |
Driveway Pkg:
3
Heat:
Electric | Baseboard

Description


332 Second Ave E, , North Bay, Ontario is a Triplex property in North Bay and in the Central community in the P1B 1L6 postal code


332 Second Avenue E is a well-maintained triplex that has seen several updates over the years. Whether you're looking to live in one unit and collect rent from the others or just looking for a great investment opportunity, then look no further. This property is centrally located close to all amenities, including shopping, transit, and more. Unit 1 on the main floor has been renovated from the studs and is a large 1-bedroom, 1-bathroom unit with it's own laundry room and is currently renting for $1435 per month inclusive. Unit 2 on the second floor has 2 bedrooms and 1 bathroom with laundry and is currently collecting $1155.69 per month, inclusive. Unit 3 on the top floor has seen many updates and upgrades, boasting a 2 bedroom and 1 bathroom that currently generates $1425 a month, inclusive. This building has been well maintained over the years, with the foundation being reinforced, updated electrical, fire retrofit, and the updated roof in 2020. Gross income is $48,188.28 annually, with lots of opportunity to increase equity and with the separate hydro meters for each unit to minimize your expenses, you don't want to miss out on this opportunity..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2025-02 2025-02 $499,900 $499,900 New X11986882

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

North Bay :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 332 Second Ave E

Based on available 3rd party data

$2180

Approximate costs per month

Mortgage
$1695 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$350 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker Royal LePage Northern Life Realty, Brokerage
Data Source: TRREB

Payment calculator

$2045 monthly. In association with: TD Bank
%
  • Principal and Interest
    1695 /mo
  • Property Taxes
    $350 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Darshan Kakar, Realtor

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