$979,000
Available - For Sale
Listing ID: X11822405
523 First Ave , North Bay, P1B 1K5, Ontario


Attention investors!!! This bright and clean 9 bachelor unit property has a gross income of $105,984 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.
Price $979,000
Taxes: $13632.00
Address: 523 First Ave , North Bay, P1B 1K5, Ontario
Lot Size: 44.00 x 128.00 (Feet)
Directions/Cross Streets: Fisher st/First Ave
Rooms: 9
Bedrooms: 9
Bedrooms +:
Kitchens: 9
Family Room: N
Basement: Finished, Sep Entrance
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick, Wood
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 6
Pool: None
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: None
Sewers: Sewers
Water: Municipal
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL DYNASTY REAL ESTATE LTD.
Personal Picture
Hamid-Reza Danaie
Broker
Dir:
416-904-7200
Bus:
905-889-2200
Fax:
905-889-3322
 
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At a Glance:
Type: Freehold - Multiplex
Area: Nipissing
Municipality: North Bay
Neighbourhood:
Style: 3-Storey
Lot Size: 44.00 x 128.00(Feet)
Approximate Age:
Tax: $13,632
Maintenance Fee: $0
Beds: 9
Baths: 9
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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