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451 First Avenue

Central / North Bay, ON P1B 3C5

ActiveFor Sale
5 Beds
0 Baths
2,362 Sq Ft
Commercial

About This Property

This four Plex multifamily house is an excellent source of investment revenue. All four rentals are filled with solid tenants. There are two 1 bedroom units and two 2 bedroom units. There is parking for four Vehicles. A two car garage is detached in the backyard A 5th unit is utilized by the landlord in the entire basement with separate entrances both at the side and back of the house There is pay per use laundry in the common area lobby. Security and life safety are addressed with key control and camera surveillance in the common area areas and perimeter of the house Smart technology is utilized to manage remotely through automatic door lock, Wi-Fi smoke detector, cameras and light switches. All units are individually needed for Hydro. Closing on this house is flexible. Showings can be arranged once an agreement in principal has been reached in an effort to minimize tenant inconvenience. *For Additional Property Details Click The Brochure Icon Below*

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size2,362 sq ft
Bedrooms5
Bathrooms0
Postal CodeP1B 3C5
Last UpdatedAug 8, 2026 · 7:11 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13138442

Listed by ICI SOURCE REAL ASSET SERVICES INC.

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.

$675,000

asking price

MLS®X13138442
TypeCommercial
CityNorth Bay
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$3,296

/month · $540,000 mortgage

Down Payment20% — $135,000
Interest Rate5.5%

Amortization

Total Interest

$448,834

Total Cost

$988,834

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

ICI SOURCE REAL ASSET SERVICES INC.