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745 Morin Street
homes for sale · North Bay · Central
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$1,110,000

745 Morin Street

Central, North Bay · MLS® X13501156

834

House · Multi-family · 117 days on market

listed by LENKA EBERHARDT, Royal LePage Northern Life Realty, Brokerage

realtor's description

Pride of ownership is evident throughout this meticulously maintained purpose-built triplex, offering investors a true turnkey opportunity with strong, reliable returns. Extensively updated over the years, this high-performing income property features two spacious 3-bedroom units and one 2-bedroom unit, along with shared coin-operated laundry that provides additional income. The building is fully occupied and has been operated as a non-smoking, pet-free property. With an excellent unit mix, on-site parking, private balconies, tenant storage, separate hydro meters, and minimal maintenance requirements, this property is well-positioned for continued long-term success. Currently generating approximately $86,400 in gross annual income and an estimated net operating income of $58,149 it , represents a solid addition to any investment portfolio. Detailed income and expense information are available to qualified buyers upon request. Roof has recently been re-shingled 2026.

property details

type
House, Multi-family
bedrooms
8
bathrooms
3
parking
4
property tax
$5,221 / yr
days on market
117
MLS®
X13501156

features

  • Washer
  • Refrigerator
  • Water meter
  • Stove
  • Dryer

monthly cost

$5,271/mo
Mortgage $4,836 · Tax $435

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

estimated payment
$4,836/ monthly
loan $888,000
25-year amortization
total interest
$562,849
cash to close
$222,000
down payment; transfer tax and fees not included
total paid
$1,450,849

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

location

Central, North BayGoogle Maps ↗

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
LENKA EBERHARDT
Royal LePage Northern Life Realty, Brokerage
call LENKA · 705-498-1128
Powered by: REALTOR.ca

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location

Central, North BayGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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