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$424,999
Ontario,North Bay (West End)
For Sale Active
1009 ALGONQUIN AVENUE, North Bay (West End), Ontario P1B4X9
  • 5
  • 4,015 Sqft
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Basic Details
Description

Investor opportunity in North Bay !1009 Algonquin Avenue, A 5-unit mixed-use investment property. This is a retail or office building with 3 residential apartments, offering both commercial income and residential upside. The property has 2 commercial units currently generating approximately $2, 000 per month combined, with one on a one-year lease and the other on a two-year lease. Both commercial

tenants pay their own hydro. The 3 residential units consist of 2 one-bedroom and 1 two-bedroom apartment. All three will be vacant by August 30, giving the new owner the opportunity to choose their own tenants. The property has five separate hydro meters and approximately four parking spaces at the rear, with potential for two additional spaces on the side. When fully rented, the property generated approximately $78, 000 per year, with historical expenses (excluding mortgage) of approximately $16, 000 to $18, 000 per year. If you’re looking for a property with existing commercial income and strong residential upside, this one is worth a look. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X13707952
  • Price: $424,999
  • Bathrooms: 5
  • Square Footage: 4,015 Sqft
  • Status: Active
  • Office Name: Revel Realty Inc. Brokerage
  • Property Sub Type: Business
  • Office Key: 298480
Features & Appliances
Features
  • Heating System: Natural gas, Baseboard heaters, Hot water radiator heat
  • Cooling System: None
Address Map
  • Location: CA, Ontario, North Bay (West End), P1B4X9
  • Street: Algonquin
  • Street Number: 1009
  • Street Suffix: Avenue
  • Longitude: W80° 32' 0.9''
  • Latitude: N46° 19' 30.4''
Additional Information
  • Water Source:
  • Lot Size Dimensions: 4015
Financial
  • Tax Annual Amount: 10169
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Listing updated: 2026-09-30 21:51:14
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Listing Information
  • List Agent Key: 2240412
  • List Office Key: 298480
  • Modification Timestamp: 2026-09-15T17:35:15Z
  • Originating System Name: North Bay and Area REALTORS® Association
  • Status Change Timestamp: 2026-09-15T17:27:00Z
Powered by REALTOR.ca
Listing updated: 2026-09-30 21:51:14
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