1016 Airport Road, North Bay

$879,900
1016 Airport Road

$879,900

New
8d
DetachedBungalow

1016 Airport Road, North Bay

Total Monthly Obligation $4,467

Beds
4
Baths
3
Park
4
Sqft
1100-1500
DOM
8d
Score
19
Yield
5.0%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.7%
Property Type-Detached
MLS® Number-X14081724
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-49.21 × 170 ft
Listed on site-Oct 15, 2026
Style-Bungalow
Building Type-Detached
Taxes-$6,518 (2026)
Parking-6 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-Century 21 Blue Sky Region Realty Inc., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick, Wood
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Airport
Title-Residential Freehold

No agent assigned

Have you always dreamed of waking up to views of the North Bay Golf and Country Club? With perfectly with manicured greens, mature trees, and beautiful landscaping, 1016 Airport Road offers a rare opportunity to make your dream a reality. This beautifully maintained walkout bungalow is in superb condition and features 4 bedrooms and 3 full bathrooms, with a layout designed for comfortable living and entertaining. The main floor boasts an open-concept kitchen and living area with room for a dining table, a large kitchen island, a cozy gas fireplace and an bundant natural light with stunning golf course views from every window. Step outside to the partially covered deck, the perfect spot for BBQs, entertaining family and friends, watching the sunset, or creating your own relaxing oasis to sip your morning coffee or unwind with a drink after a long day. Two bedrooms are located on the main level, including a spacious primary suite featuring large windows overlooking the backyard, a walk-in closet, and a luxurious 5-piece ensuite with a Jacuzzi tub. An additional full bathroom and direct access to the double-car garage complete the main floor. The walkout lower level offers incredible additional living space with two more bedrooms, a full bathroom, a large laundry room, and a versatile office area perfect for a home gym, hobby room, or additional living space. Step outside to enjoy the expansive 170-foot backyard, complete with an interlocking patio, a hot tub, beautiful gardens, fire pit, and double-gate access to the golf course. Homes along this sought-after stretch of Airport Road rarely come to market, making this an exceptional opportunity to enjoy a peaceful setting, breathtaking views, and a well-cared-for home in a truly special location!

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

Closing Costs

Mortgage Amount
$703,920
Land Transfer Taxes$14,073
Legal Fees (Est.)
$
Total cash required for closing$191,553

Total Monthly Obligation

$4,467/mo
Mortgage $3,549
Monthly Loss $3,533
Principal$934
Interest$2,615
Property Tax$543
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.5%1
5-Year IRR
9.7%33
10-Year IRR
10.4%
Returns Index
17.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$43,800/yr
NOI
$28,402/yr
Net Cash Flow
-$1,182/mo
Cash Margin
-32.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
20.2/ 100

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

Comparables

Properties near 1016 Airport Road

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.