106 FOURTH AVENUE W, North Bay (Central)

$399,900

For sale: Multiplex

Multiplex at 106 FOURTH AVENUE W, North Bay (Central)
Property type
Triplex
Bedrooms / bathrooms
7 bedrooms, 4 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13760958
Neighbourhood
Central

This Triplex Income Property is located close to shopping, the library, downtown, public transportation and the waterfront. Two units face Ferguson, a one bedroom rented for $966+hydro and a vacant two bedroom unit to pick your own tenant can be rented for $1300+hydro & gas. Facing Fourth Avenue is the 4 Bedroom unit rented for $1592. This is a fantastic investment property for the savvy investor with a net income of $46,300. It is also a perfect home for someone looking to live in the 2 Bedroom unit and renting the other 2 units as mortgage helpers.

Sold data

Multiplex homes in North Bay (Central) — recent sold market

Multiplex homes in North Bay (Central) took a median of 26 days to sell over the last 730 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 55, across 40 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 28 days.

The median sale price was $387,450.

Homes sold for about 2.9% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$387,450
Sale-to-list ratio
97.1%
Sold above asking
10%

Based on 40 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in North Bay (Central)

North Bay (Central) has 20 Fraser Institute–rated schools (15 elementary and 5 secondary), averaging 4.4/10.

Rated schools
20
Elementary
15
Secondary
5
Average rating
4.4 / 10

Top-rated schools in North Bay (Central)

  • St. Lukeelementary, North BayFraser rating 7.0/10
  • Odysséesecondary, North BayFraser rating 6.9/10
  • Vincent Masseyelementary, North BayFraser rating 6.6/10
  • Allianceelementary, North BayFraser rating 5.9/10
  • Chippewasecondary, North BayFraser rating 5.5/10
  • West Ferrissecondary, North BayFraser rating 5.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 106 FOURTH AVENUE W