850 Clarence St

North Bay | | P1B 3W2
  • 9600.0 sqft
  • 0 gar

$1,650,000

Est. Mtg $5,594 /mo
  • Days on market

    16

  • Status

    A

Listing Broker Realty Executives Local Group Inc., Brokerage
Since listed: 0 views

Home details

MLS #:

X10414427

Property type:
Investment
Style:
Taxes:
$25,424
Possession:
Immediate
Condo Fee:
Lot Size:
109.0 X 107.32
Zoning:
RM4
Use:
Apts-6 To 12 Units
Heat:
Gas Hot Water

Description


850 Clarence St, , North Bay, Ontario is a Investment property in North Bay and in the community in the P1B 3W2 postal code


Prime Investment Opportunity! With robust rental income and a solid 8% CAP rate, this property is a strong investment option. This exceptional 12-unit income property is situated in a highly sought-after area, conveniently located on a public transportation route and just minutes from both the college and university. The building features a diverse mix of units, including 1 bachelor unit, 6 one-bedroom units, and 5 two-bedroom units, all complemented by ample on-site parking. The surrounding neighborhood offers a full range of amenities, from schools and parks, to restaurants and shopping centers, ensuring a high demand for rentals. The bachelor unit is currently undergoing renovations and will soon be completed, further enhancing the property's appeal. A comprehensive Buyer's Package is available for qualified buyers upon request..

Extras

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Payment calculator

$7713 monthly. In association with: TD Bank
%
  • Principal and Interest
    5594 /mo
  • Property Taxes
    $2118 /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

Rena Alessa, Realtor

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