Main St
Central, North Bay
$499,900
Buy with Dwelly and Save $4,999
Home Details
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Listing Description
Excellent Investment Opportunity in Downtown North Bay! This income property features three self-contained 1-bedroom units plus a spacious 3-bedroom rooming house, offering strong and consistent rental income. With a cap rate of over 9%, this property is a rare find for savvy investors. Recent renovations completed within the past 36 years include updates to the flooring, kitchens, bathrooms, and major mechanicals. Tenants enjoy the added convenience of on-site coin laundry. Located in the heart of downtown, it's just steps from shopping, restaurants, public transit, and the beautiful North Bay waterfront. Tenants enjoy convenience, and investors enjoy cash flow this is a win-win! Don't miss out on this high-performing asset in a prime location.
Refrigerators, stoves
City: North Bay
Neighborhood: Central
Property History
Rooms
Room dimensions for Main St, North Bay
Market Trends and Insights
Mortgage Calculator
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Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $499900 |
| Down Payment | $99980 |
| Mortgage Insurance | $0 |
| Total Mortgage | $399920 |
Monthly Payment
| Mortgage Payment | $2464 |
| Property Taxes | $295 |
| Maintenance Fees | $0 |
| Monthly Payment | $2759 |
About Main St, North Bay
Located at 586 Main St E , this North Bay house is available for sale. This property was listed for $499,900 on Wed Jul 09 2025. This house's size is 3000-3500 Sqft. It has 5 bedrooms and 4 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 2 parking spots. 586 Main St E, North Bay is situated in the Central neighbourhood.
MLS#: X12274089 · $499,900 · 5 bedroom house in Central, North Bay