997 Hammond Street North Bay, Ontario P1B 2H6
$369,900
INVESTOR ALERT - Exceptional 10.22% CAP Rate on a Prime Corner Lot! This massive 2,139 sq. ft. triplex offers a significant cash-flow opportunity in central North Bay. The property is uniquely configured with a rear 2-bedroom, 1-bathroom bungalow-style unit occupied by a stable, 7-year tenant, providing immediate guaranteed income. The front of the building consists of two spacious 2-storey units, each featuring 2 bedrooms and 1 bathroom. These front units are delivered vacant, offering a prime opportunity for an investor to refresh the spaces to their own standards and set current market rents to maximize ROI. Situated on a prominent corner lot at the end of a quiet street, the property features impressive vaulted ceilings that create a high-end feel. This powerhouse addition to any portfolio includes a detached garage and ample parking for 5 vehicles. Some Photos Virtually Staged. (id:49203)
Property Details
| MLS® Number | X12839348 |
| Property Type | Multi-family |
| Community Name | Central |
| Amenities Near By | Park, Public Transit |
| Features | Cul-de-sac, Flat Site |
| Parking Space Total | 5 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Age | 100+ Years |
| Appliances | Stove, Refrigerator |
| Basement Type | Crawl Space |
| Ceiling Type | Suspended Ceiling |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| Land Amenities | Park, Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 100 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | 40 X 100 Ft |
| Size Total Text | 40 X 100 Ft |
| Zoning Description | Residential 3rd Density - Triplex |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Laundry Room | 2.68 m | 2.4 m | 2.68 m x 2.4 m |
| Main Level | Living Room | 2.78 m | 3.62 m | 2.78 m x 3.62 m |
| Main Level | Kitchen | 3.05 m | 3.2 m | 3.05 m x 3.2 m |
| Main Level | Kitchen | 3.76 m | 3.45 m | 3.76 m x 3.45 m |
| Main Level | Bedroom | 2.54 m | 3.2 m | 2.54 m x 3.2 m |
| Main Level | Bedroom 2 | 2.38 m | 2.3 m | 2.38 m x 2.3 m |
| Main Level | Bathroom | 1.74 m | 1.48 m | 1.74 m x 1.48 m |
| Main Level | Living Room | 3.48 m | 3.63 m | 3.48 m x 3.63 m |
| Main Level | Living Room | 4.48 m | 3.46 m | 4.48 m x 3.46 m |
| Main Level | Kitchen | 3.56 m | 2.78 m | 3.56 m x 2.78 m |
| Upper Level | Bathroom | 0.8 m | 2.41 m | 0.8 m x 2.41 m |
| Upper Level | Bedroom | 2.39 m | 2.15 m | 2.39 m x 2.15 m |
| Upper Level | Bedroom | 2.09 m | 3.69 m | 2.09 m x 3.69 m |
| Upper Level | Bathroom | 0.62 m | 2.4 m | 0.62 m x 2.4 m |
| Upper Level | Bedroom | 4.46 m | 3.43 m | 4.46 m x 3.43 m |
| Upper Level | Bedroom | 3.2 m | 2.41 m | 3.2 m x 2.41 m |
https://www.realtor.ca/real-estate/29420625/997-hammond-street-north-bay-central-central
Contact Us
Contact us for more information
Joseph Pavone
Salesperson
325 Main Street, West
North Bay, Ontario P1B 2T9
(705) 478-8588
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March 03 2026 05:17:17
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