$875,000
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272 First Avenue W, North Bay (central), ON P1B3C1

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- Beds
4 Baths
2,959 Sq Ft

Legal Fourplex but could be used as commercial uses or office through a change of use permit with the City of North Bay. If turnkey is what you are looking for then this investment property is for you. This building went through a full office building conversion to 4 residential units completed August 2023. The renovation list is long including all new wiring and 5 panels, flooring, kitchens, led lighting, bathrooms, plumbing, hot water heat, boiler (2026), attic insulation R60 with removal of vermiculite, trim, casings, doors, coin laundry and more. All building permits are closed, esa letters on all 5 panels, income and expenses as well as renovation and floor plans available. Previous owner added rear addition which is now part of unit 4 with in floor heat and 22 ft ceilings as well as shingles in 2018. Unit 1 is a four level 2 bedroom unit with access to a small fenced in backyard shared with unit 4. Unit 2 is a 2 level unit with 1 bedroom and AC at the front of the building, Unit 3 is a 1 bedroom unit off the common hallway. Unit 4 also has access to the small rear fenced in area, is a 2 level unit and the 2 bedrooms have 22 ft ceilings making this a very unique unit. Gross income $84, 720 with Expenses including heat, house meter, insurance, water/sewer, maintenance, management and vacancy $27, 861, leaving a Net income of $56, 859 before mortgage. Ask your Realtor for supporting documentation. All photos are pre tenant move ins. Bonus: No Rent control on any of the units and all rents are plus hydro. Previous owner replaced sewer and water line as an added bonus to the purchaser. (id:58753)

Listing By: MIKE BURMAN - REALTY EXECUTIVES Local Group Inc. Brokerage cncrea2 Realty.com
  • MLS® X13047008
  • Date Listed04/27/2026
  • Days on Realty 40 Days
  • Bedrooms -
  • Bathrooms 4 baths
  • Lot Size -
  • Property Type Multi Family
  • Water Public
  • Square Feet 2,959 sq. ft
  • Price Per Sq. Ft $295.71

Interior Features

  • Appliances Dishwasher
  • Cooling Partially air conditioned, None
  • Heating Hot water radiator heat, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Cross Streets: Cassells. ** Directions: Follow Cassells St. to First Ave.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for P1B3C1

Discover key demographics, population statistics, and environmental insights for the North Bay (central), ON area.

Walkability in ON / P1B3C1

Source: Walk Score

89/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

93/100

Biker's Paradise

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Daily errands can be accomplished on a bike.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 36/100, Transit Score: 0/100, Bike Score: 44/100.

Points of Interest near 272 FIRST AVENUE W, North Bay (Central), ON P1B3C1

Frequently Asked Questions for 272 FIRST AVENUE W

Source: Realty.com

272 FIRST AVENUE W, North Bay (Central), ON P1B3C1 in North Bay (Central), ON P1B3C1 is a multi family listed at $875,000. Highlights include 4 bathrooms, 2,959 sq. ft., $296 per sq. ft.. Realty.ca has 42 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 42 photos of 272 FIRST AVENUE W.

The full address for this home is 272 FIRST AVENUE W, North Bay (Central), ON P1B3C1.

272 FIRST AVENUE W has been listed on Realty.com since Mon April 27, 2026

Most errands can be accomplished on foot. It is possible to get on a bus. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 36/100, Transit Score: 0/100, Bike Score: 44/100.

Listing provided courtesy of: REALTY EXECUTIVES Local Group Inc. Brokerage
Listing agent: MIKE BURMAN

This content last refreshed on 2026-06-06 14:02:24. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.