LiveEn Direct
Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
FR

Your personal VOWS Listing Portal is provided by Royal LePage Real Estate Services, Brokerage

230-232 FIFTH AVENUE W, North Bay (Central), Ontario, P1B 3N6

MLS® # X11990952
Investment For Sale In North Bay (Central), Ontario
$549,900
230-232 Fifth Avenue W, North Bay (Central), ON - Outdoor
230-232 Fifth Avenue W, North Bay (Central), ON - Outdoor
230-232 Fifth Avenue W, North Bay (Central), ON - Outdoor
230-232 Fifth Avenue W, North Bay (Central), ON - Outdoor
230-232 Fifth Avenue W, North Bay (Central), ON - Outdoor
230-232 Fifth Avenue W, North Bay (Central), ON - Outdoor
Home Insurance - TD Insurance
Get a home insurance quote online for this $549,900 property in North Bay (Central)
Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $549,900 property in North Bay (Central)

Provided by TD Insurance

230-232 FIFTH AVENUE W, North Bay (Central), Ontario, P1B 3N6
$549,900

Property Information:

Attention investors, here is the solid return you have been searching for. This is a centrally located, legal four plex consisting of 2-2 bedroom and 2- 1 bedroom units. The larger units have had extensive renovations completed on them along with upgrades to the furnace (2018) and metal roof ( 2020). This building currently generates $61,800 in gross income per year providing a net operating income of almost $43,000 a year. That's over a 7% cap rate. There is lots of room for rent increases as some tenants leave. This is a very well maintained building that would make an impressive addition to any investment portfolio. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Unfinished
  • Basement Type: Partial
  • Exterior Finish: Brick, Vinyl siding
  • Floor Space: 2500 - 3000 sqft
  • Foundation Type: Block, Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Appliances: Dryer, Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 4
  • Amenities Nearby: Public Transit, Schools
  • Community Features: School Bus
  • Features: Irregular lot size
  • Fence Type: Fenced yard
  • Floor Space (approx): 2500 - 3000 Square Feet
  • Irregular: Yes
  • Lot Depth: 117.0 Feet
  • Lot Frontage: 40.3 Feet
  • Lot Size: 40.3 x 117 FT
  • Structure Type: Porch, Deck, Shed
  • Utility Type: Cable - Installed, Wireless - Available, , Sewer - Installed
  • View Type: City view
  • Zoning: R3
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 2

REALTOR.ca  

More Detail
Less Detail

Market Price Trends

All Properties

8.87%

Price change (1 year)

67.25%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 230-232 FIFTH AVENUE W, North Bay (Central), Ontario, P1B 3N6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

32 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

32 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 230-232 FIFTH AVENUE W , experiences 7 hot days per year at around 29.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 32 hot days at 32.9 degrees Celsius.

Projected Avg. Temperature

Past
29.4℃
2050
32.9℃

# Hot Days Per Year

Past
7
2050
32

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

66/100

Moderate-High

ClimateCheck®

Current data

This property, 230-232 FIFTH AVENUE W , experiences 11 significant 2-day storms per year, with about 323.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 409.7mm of precipitation per year.

Precipitation Per Storm

Past
323.3mm
2050
409.7mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

More Detail
Less Detail

Demographic Information of 230-232 FIFTH AVENUE W, North Bay (Central), Ontario, P1B 3N6

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$79,317.54

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.57 %

High school certificate or equivalent

28.8 %

Apprenticeship trade certificate/diploma

6.84 %

College/non-university certificate

30.8 %

University Degree

11.99 %

Commuter

Travel To Work

By Car

69.82 %

By Public Transit

3.69 %

By Walking

17.38 %

By Bicycle

2.49 %

By Other Methods

6.62 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

43.11 %

Houses

56.89 %

Own Vs. Rent

More Detail
Less Detail
Back to top