245 MATTAWA STREET, North Bay (West End)

2026-06-23
 

Quick Summary

Location
245 MATTAWA STREET, North Bay (West End), Ontario P1B4M2
Price
$1,695,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
8950 sqft
Bathrooms:
8
Garages:
17

MLS®#X13473536

Property Description

Investment opportunity with main floor 3 commercial/industrial units plus 5 residential apartments fully updated and turn key. Zoned M-2, this building has seen numerous upgrades to each residential unit plus a fire retrofit inspection 2024, updated hot water boiler in 2017. Residential apartments are 2x3 bedrooms and 3x2 bedrooms, all of which have seen large renovations and updates including kitchens, bathrooms, flooring, lighting, trim, 4 built in all in one laundry machines and most windows. The 3 commercial industrial units are 2075 Sqft, 1700 sqft and 700 sqft with high ceilings and 3 grade loading doors. Whole building is gas hot water and tenants rents are all inclusive except for the hydro cost. Actual Income and expense sheet available including management fees on the residential units, vacancy and maintenance allowances. Other supporting documentation upon request, legal non conforming building, Gross Income $177,309 with Net income $119,124 and a Cap Rate of 7.03 including vacancy, utilities, taxes, maintenance and a 5% property management line. A detailed income and expense statement is available, additional supporting documentation provided upon request. All photos are before tenants moved in. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Highway, Public Transit

Building

  • Appliances: Water Heater
  • Cooling Type: None
  • Fireplace: No
  • Interior Size: 8950 sqft
  • Building Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Land Size: 8950 ac

Zoning

  • Description: M2

Information entered by REALTY EXECUTIVES Local Group Inc. Brokerage
Listing information last updated on: 2026-06-22 22:26:30


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