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$597,000
Ontario,North Bay (Central)
For Sale Active
407 FERGUSON STREET, North Bay (Central), Ontario P1B1X3
  • 4
  • 1,600 Sqft
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Basic Details
Description

Prime investment opportunity in the heart of North Bay’s downtown core. This mixed-use commercial and residential property offers a strong combination of stable income and long-term upside. The main level features a fully equipped restaurant space with a finished basement and two washrooms, secured with a long-term lease in place, providing immediate, reliable cash flow. The property also includes two

well-maintained 1-bedroom residential units on the upper levels, adding diversified rental income. Strategically positioned on a high-exposure corner in one of the city’s busiest corridors, surrounded by established retailers, offices, and essential amenities, ensuring consistent foot traffic and tenant demand. Extensive renovations and upgrades have been completed throughout, showcasing quality finishes and reducing near-term capital expenditure. Income Highlights: Commercial Lease: $2,610/month + HST. Tenant pays 100% hydro (separately metered), 70% heat & water covered. Residential Unit: Currently rented at $1,400/month (all-inclusive). An additional residential unit offers further income potential. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X13083094
  • Price: $597,000
  • Bathrooms: 4
  • Square Footage: 1,600 Sqft
  • Status: Active
  • Property Sub Type: Retail
  • Office Key: 298480
Features & Appliances
Features
  • Heating System: Natural gas, Hot water radiator heat
  • Cooling System: None
Address Map
  • Location: CA, Ontario, North Bay (Central), P1B1X3
  • Street: Ferguson
  • Street Number: 407
  • Street Suffix: Street
  • Longitude: W80° 32' 14.9''
  • Latitude: N46° 18' 39.4''
Additional Information
  • Water Source:
  • Lot Size Dimensions: 0.021
Financial
  • Tax Annual Amount: 3295.2
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Listing updated: 2026-05-14 19:10:50
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Listing Information
  • List Agent Key: 2239763
  • List Office Key: 298480
  • Modification Timestamp: 2026-05-05T17:35:52Z
  • Originating System Name: North Bay and Area REALTORS® Association
  • Status Change Timestamp: 2026-05-05T17:28:02Z
Powered by REALTOR.ca
Listing updated: 2026-05-14 19:10:51
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