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745 Morin Street

Central / North Bay, ON P1B 5S1

ActiveFor Sale
8 Beds
3 Baths
2,500 Sq Ft
Multi-Family

About This Property

Pride of ownership is evident throughout this meticulously maintained purpose-built triplex, offering investors a true turnkey opportunity with strong, reliable returns. Extensively updated over the years, this high-performing income property features two spacious 3-bedroom units and one 2-bedroom unit, along with shared coin-operated laundry that provides additional income. The building is fully occupied and has been operated as a non-smoking, pet-free property. With an excellent unit mix, on-site parking, private balconies, tenant storage, separate hydro meters, and minimal maintenance requirements, this property is well-positioned for continued long-term success. Currently generating approximately $86,400 in gross annual income and an estimated net operating income of $58,149 it , represents a solid addition to any investment portfolio. Detailed income and expense information are available to qualified buyers upon request. Roof has recently been re-shingled 2026.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size2,500 sq ft
Bedrooms8
Bathrooms3
Taxes (2025)$5,221
Postal CodeP1B 5S1
Last UpdatedOct 28, 2026 · 3:20 p.m.

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Features & Amenities

  • Basement

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TRREB MLS® Attribution

MLS® X13501156

Listed by Royal LePage Northern Life Realty, Brokerage

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.

$1,110,000

asking price

MLS®X13501156
TypeMulti-Family
CityNorth Bay
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$5,420

/month · $888,000 mortgage

Down Payment20% — $222,000
Interest Rate5.5%

Amortization

Total Interest

$738,083

Total Cost

$1,626,083

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

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Listed By

Royal LePage Northern Life Realty, Brokerage