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Ahmad Moharam

ahmad.moharam@exprealty.com +1(613) 883-7060

$524,900

Est. payment - /mo

4 Beds

2 Baths

2,000 SqFt

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Open House

Sat May 23, 10:00am - 11:30am

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000 - 2500

Square Footage 2,000 sqft

Price per Sqft $262

Subdivision Central

MLS® Listing ID X12994726

Bedrooms 4

Property Description

This well-maintained century home is a legal duplex offering two self-contained units with separate entrances and parking for four vehicles, an excellent opportunity for investors or buyers seeking to offset their mortgage with rental income or accommodate multi-generational living. Extensively updated between 2021-2024, the property blends timeless character with modern improvements, including a new furnace and central air (2021), updated shingles (2021), and significant insulation, soundproofing, and fire separation enhancements between units. The third floor was fully remodelled in 2021 with added spray foam insulation, followed by a complete second-floor kitchen renovation in 2022, along with major exterior and crawlspace upgrades, including sealing and spray foam. In 2023, the main floor underwent a full gut renovation, including a beautifully updated bathroom, with additional double-layer sound and fireproofing and insulation improvements throughout. Exterior upgrades continue with a new deck (2023), brick pathways, retaining wall and fencing improvements, a new Mennonite-built shed (2024), and a sump pump installation (2024). Waterlines have been updated throughout (2021-2023), and each unit offers its own heating setup, with Apartment 1 featuring forced air natural gas with central air, and Apartment 2 offering a natural gas fireplace with optional baseboard heating, along with its own hydro meter and electrical panel. Centrally located and close to everyday amenities, this solid brick, turnkey duplex offers a rare combination of flexibility, comfort, and long-term value, making it an ideal opportunity for buyers seeking a move-in-ready property with strong income potential in the heart of North Bay. Apt 1 is vacant (previous rent was ($2500 month) and Apt 2 currently is occupied by a long-term quiet bachelor tenant motivated to remain. Current rent $1,550/month. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 3.96 m X 2.82 m Living room

Extra Room 2 Second level 2.16 m X 1.75 m Bathroom

Extra Room 3 Second level 3.44 m X 2.86 m Bedroom

Extra Room 4 Second level 2.36 m X 2.82 m Dining room

Extra Room 5 Second level 3.64 m X 2.92 m Kitchen

Extra Room 6 Third level 2.25 m X 7.06 m Primary Bedroom

Interior

Heating Baseboard heaters, Forced air, Not known, Not known

Cooling Central air conditioning

Fireplaces Number 1

Exterior

Parking Features No

Fence Fenced yard

Community Features School Bus

View Y/N Yes

View City view

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Lot Description Landscaped

Story 2.5

Sewer Sanitary sewer

Others

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Listed by Century 21 Blue Sky Region Realty Inc., Brokerage

NEARBY SCHOOL & BUSINESS

+1(613) 883-7060

ahmad.moharam@exprealty.com

343 PRESTON STREET, 11TH FLOOR, OTTAWA, Ontario, K1S1N4

647 DOUGLAS STREET North Bay (central), ON P1B5N9