ON > North Bay > Central
North Bay, ON P1B 1Z3,337 Wyld ST
North Bay, ON P1B 1Z3,337 Wyld ST
North Bay, ON P1B 1Z3,337 Wyld ST
North Bay, ON P1B 1Z3,337 Wyld ST
North Bay, ON P1B 1Z3,337 Wyld ST
North Bay, ON P1B 1Z3,337 Wyld ST
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 649,900
Est. payment | /mo

4 Baths

3,000 SqFt

Save
$ 649,900
Est. payment | /mo
Save

4 Baths

3,000 SqFt

Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $216

Subdivision Central

MLS Listing ID X12016587

Annual Tax Amount $10,804

Tax Year 2024

Property Sub-Type Store W Apt/Office

Property Description

Discover this thriving investment opportunity strategically located within walking distance to amenities, public transportation and beautiful Lake Nipissing. This well cared for, low maintenance building combines a long-term commercial tenant (Raven Hair Salon) and a small retail shop on the main floor with two updated two-bedroom apartments on the upper floor. The roof (shingles and membrane) was replaced in October 2022. There is a shared laundry on upper floor. The main floor is heated by gas forced air furnace while the upper apartments are heated by hydro (4 meters in back basement). Financially, this property supports a good cap rate generating a gross annual income of $76,620, providing consistent rental income from the secure, commercial leases ensuring steady cash flow from the residential leases. Don't miss out on this chance to secure a lucrative addition to your investment portfolio.

Location

Province ON

County Nipissing

Community Central

Area Nipissing

Zoning C2

Interior

Cooling Yes

Inclusions 1 washer & dryer (upstairs), furniture in apartments (see brokerage remarks), 2 stoves (in apartments), 2 refrigerators / small refrigerator

Exterior

Utilities Available Available

Lot Frontage 58.08

Lot Depth 34.75

Others

Security Features No

Listed by Royal LePage Northern Life Realty, Brokerage
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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