447 Main Street
Central / North Bay, ON P1B 1B6
About This Property
Excellent investment opportunity just east of Downtown North Bay! This mixed-use property features 10 residential units and 2 commercial units, offering existing rental income and additional value-add potential. The residential portion includes one 2-bedroom unit and nine 1-bedroom units, with secure entrances and shared laundry facilities. The exterior and most residential units have been updated. Featuring masonry-block construction, the property has natural-gas hot-water heating with two new boilers installed in late 2025, along with LED lighting upgrades in the commercial units and common areas. With 12 total units, existing rental income and recent improvements, this property offers an attractive investment opportunity in North Bay.
Property Details
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Buying or selling in North Bay?
Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.
Talk to Filipe & Isabel Ferreira →TRREB MLS® Attribution
MLS® X13857694
Listed by EXP REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$6,832
/month · $1,119,200 mortgage
Amortization
Total Interest
$930,250
Total Cost
$2,049,450
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
EXP REALTY