106 Fourth Avenue W

Central, North Bay · MLS® X13760958

744

House · Multi-family · 45 days on market

listed by GAUTAM KAPOOR, REALTY EXECUTIVES PLUS LTD

realtor's description

This Triplex Income Property is located close to shopping, the library, downtown, public transportation and the waterfront. Two units face Ferguson, a one bedroom rented for $966+hydro and a vacant two bedroom unit to pick your own tenant can be rented for $1300+hydro & gas. Facing Fourth Avenue is the 4 Bedroom unit rented for $1592. This is a fantastic investment property for the savvy investor with a net income of $46,300. It is also a perfect home for someone looking to live in the 2 Bedroom unit and renting the other 2 units as mortgage helpers.

property details

type: House, Multi-family
bedrooms: 7
bathrooms: 4
parking: 4
property tax: $3,729 / yr
days on market: 45
MLS®: X13760958

features

Washer
Dryer
Two stoves
Water Heater
Two Refrigerators

monthly cost

$2,053/mo

Mortgage $1,742 · Tax $311

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$1,742/ monthly

loan $319,920

25-year amortization

down payment20% · $79,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $202,778
cash to close: $79,980; down payment; transfer tax and fees not included
total paid: $522,698

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.