523 First Ave

North Bay | Central | P1B 1K5
  • 9
  • 9
  • 0

Ask: $979,000 $955,000

Est. Mtg $3,238 /mo
  • Days on market

    141

  • Status

    Pc

Listing Broker ROYAL DYNASTY REAL ESTATE LTD.
Since listed: 0 views

Home details

MLS #:

X11822405

Property type:
Multiplex
Style:
3-Storey
Taxes:
$13,632
Possession:
flexible
Lot Front:
44.0   Feet
Lot Depth:
128.0   Feet
Basement:
Finished | Sep Entrance
Driveway Pkg:
6
Heat:
Gas | Forced Air

Description


523 First Ave, , North Bay, Ontario is a Multiplex property in North Bay and in the Central community in the P1B 1K5 postal code


Attention investors!!! This bright and clean 9 bachelor unit property has a gross income of $106,699 with the potential increase to $128,000 without any renovations. The convenient location to downtown, and transportation access to the hospital and University, make this a desirable spot for students or single-working professionals. With a 0% vacancy rate, this gem is easy to rent with the bonus of low maintenance and easy management. The year 2023 expenses: gas $4,434.19 - hydro $3063.24 - water/waste $1,953 - insurance $6,719. The property is well-maintained and has had many updates over the past 6 years. Responsible tenants. All paid rent on time, online. **EXTRAS** 9 fridges, 9 stoves, coin operated washer and dryer..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-12 2025-02 $979,000 $955,000 Pc X11822405

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 523 First Ave

Based on available 3rd party data

$4509

Approximate costs per month

Mortgage
$3238 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1136 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker ROYAL DYNASTY REAL ESTATE LTD.
Data Source: TRREB

Payment calculator

$4374 monthly. In association with: TD Bank
%
  • Principal and Interest
    3238 /mo
  • Property Taxes
    $1136 /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

Amadore Zhao, Realtor

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