447 Main Street E, North Bay

$1,399,000
447 Main Street E

$1,399,000

New
21d
Investment

447 Main Street E, North Bay

Total Monthly Obligation $7,473

Beds
0
Baths
0
Park
0
DOM
21d
Property Type-Investment
MLS® Number-X13857694
Beds-0
Lot Size-33 × 132 ft
Listed on site-Oct 2, 2026
Building Type-Investment
Taxes-$17,454 (2026)
Parking-None
Heating-Gas Hot Water
Brokerage-EXP REALTY
Cooling-No
Fireplace-No
Pool-None
Possession-Flexible
Neighbourhood-Central
Title-Commercial

No agent assigned

Excellent investment opportunity just east of Downtown North Bay! This mixed-use property features 10 residential units and 2 commercial units, offering existing rental income and additional value-add potential. The residential portion includes one 2-bedroom unit and nine 1-bedroom units, with secure entrances and shared laundry facilities. The exterior and most residential units have been updated. Featuring masonry-block construction, the property has natural-gas hot-water heating with two new boilers installed in late 2025, along with LED lighting upgrades in the commercial units and common areas. With 12 total units, existing rental income and recent improvements, this property offers an attractive investment opportunity in North Bay.

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Closing Costs

Mortgage Amount
$1,119,200
Land Transfer Taxes$24,455
Legal Fees (Est.)
$
Total cash required for closing$305,755

Total Monthly Obligation

$7,473/mo
Mortgage $5,643
Monthly Loss $5,988
Principal$1,485
Interest$4,158
Property Tax$1,455
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 447 Main Street E

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.