941 Main Street W, North Bay

$499,900
941 Main Street W

$499,900

New
24d
Detached2-Storey

941 Main Street W, North Bay

Total Monthly Obligation $2,786

Beds
4
Baths
2
Park
5
Sqft
1500-2000
DOM
24d
Score
34
Yield
7.9%
Cash on Cash
8.6%
Cap Rate
6.4%
5Y IRR
22.5%
10Y IRR
20.4%
Property Type-Detached
MLS® Number-X13838600
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-50 × 110 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$4,731 (2025)
Parking-6 - Detached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-Century 21 Blue Sky Region Realty Inc., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete, Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-West End
Title-Residential Freehold

No agent assigned

Welcome to 941 Main St. W., a charming and well-maintained 4-bedroom, 2-bathroom home offering plenty of space inside and out. The main living areas are bright and inviting, featuring beautiful hardwood floors, generous windows and plenty of character. The updated kitchen offers ample cabinetry and counter space, while the separate dining room provides a great setting for family meals and entertaining. The home also features a finished lower-level family room, providing additional space to relax, entertain or create a home office or play area. Outside, enjoy a private backyard with mature trees, a patio/gazebo area and detached garage. Parking is exceptional, with three spaces at the front plus two additional spaces at the rear. Recent updates include the furnace, central air conditioning and shingles, adding comfort and peace of mind. Located within walking distance of the beach and beautiful Lake Nipissing, this is a wonderful opportunity to enjoy a spacious family home in a convenient North Bay location.

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%
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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,786/mo
Mortgage $2,016
Monthly Loss $2,255
Principal$531
Interest$1,486
Property Tax$394
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.3%41
Cash-on-Cash
2.1%12
5-Year IRR
17.4%84
10-Year IRR
16.6%
Returns Index
46.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
34/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$39,600/yr
NOI
$26,409/yr
Net Cash Flow
$184/mo
Cash Margin
5.6%13
Cash Flow Index
13.2/ 100
Risk Profile
Weight: 20%
DSCR
1.0935
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
36.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 941 Main Street W

Time

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Data last updated within the past 24 hours.