$1,110,000
745 Morin Street, North Bay, ON P1B 5S1
8 beds3 baths4 parking 2500-3000 ft²
Key facts
- MLS®
- X13501156
- Status
- New
- Type
- Triplex
- Taxes
- $5,221
- Size
- 2500-3000 ft²
- Parking
- 4 total
- Listed
- 2026-06-29
- Brokerage
- Royal LePage Northern Life Realty, Brokerage
- Cross street
- High St
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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.