ONNipissingNorth Bay586 Main Street
586 Main Street
Interior view
Interior view
18
New
Fourplex

586 Main Street

North Bay, ON, P1B 1B8

Residential Freehold
Area
3000-3500 sq.ft
Bed
6
Bedrooms
Bath
4
Bathrooms
Parking
2
Single Garage

Asking Price

$499,900

Property Description

Original Remarks

Excellent investment opportunity in downtown North Bay. This solid income property features three self-contained 1-bedroom units plus a legal 3-room rooming house on the second floor, offering strong and consistent cash flow. Numerous upgrades completed within the past 3-6 years include fresh paint, new flooring, updated kitchens and bathrooms, a 200-amp electrical panel, and owned furnace and hot water tank replaced approximately 3 years ago. Tenants enjoy on-site coin laundry and an unbeatable location within walking distance to shopping, restaurants, public transit, GoodLife Fitness, and the waterfront. A rare, high-performing asset in a prime location-tenants love the convenience, and investors will love the returns.

PROPERTY HISTORY

586 Main Street

Type:Fourplex
Style:2 1/2 Storey
Size Range:3000-3500
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:X12679990
Community:Central
Days on Market:-
Year Built:-
Age range:51-99
Basement:Apartment
Ownership Type:Residential Freehold
Condo Fee:N/A
Yearly Taxes:$3,539.37/yr (2025)
Municipality:North Bay
Lot Size:29.94 x 99.80 Feet

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July 2026
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