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Last Updated : 87 Days ago
245 Mattawa Street, North Bay, ON, West End
MLS Number: XXXXXXX

245 Mattawa Street, North Bay

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245 Mattawa Street, North Bay MLS Number: X12411450

West End, North Bay, Nipissing, ON, P1B 4M2

$1,500,000

Status: Sold

  • 12+ Beds
  • 8 Baths
  • Area : 5000 + sqft
  • Property Type: Residential Freehold (Multiplex)
  • Property Taxes : $15533.0 (Tax Year:2024)
  • Listing Courtesy : Realty Executives Local Group Inc. Brokerage

245 Mattawa Street Property Description

Turnkey Investment opportunity with main floor 3 commercial/industrial units plus 5 residential apartments fully updated and turn key. Zoned M-2, this building has seen numerous upgrades to each residential unit plus a fire retrofit inspection 2024, updated hot water boiler in 2017. Residential apartments are 2x3 bedrooms and 3x2 bedrooms, all of which have seen large renovations and updates including kitchens, bathrooms, flooring, lighting, trim, 4 built in all in one laundry machines and most windows. The 3 commercial industrial units are 2075 Sqft, 1700 sqft and 700 sqft with high ceilings and 3 grade loading doors. Whole building is gas hot water and tenants rents are all inclusive except for the hydro cost. Actual Income and expense sheet available including management fees on the residential units, vacancy and maintenance allowances. Other supporting documentation upon request, legal non conforming building, Gross Income $175113 with Net income $115,928 and a Cap Rate of 7.73 including vacancy, utilities, taxes, maintenance and a 7% property management line. A detailed income and expense statement is available, additional supporting documentation provided upon request.

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245 Mattawa Street Property Facts

Property Type :Residential Freehold
MLS Number :X12411450
Listing Type :Sale
Property Age :51-99 Years
Possession Date :
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Last Updated :20 Dec, 2025 (87 Days ago)
Source :Toronto Regional Real Estate Board
Area :Nipissing
Postal Code : P1B 4M2

245 Mattawa Street Property Price & Tax Insights

Price : $1,500,000
Property Taxes :$15533.0
Tax Year :2024

245 Mattawa Street, North Bay Property Details

Bedrooms :12 +
No. of Rooms :30
Heating :Water
Cross Street :Main St. W.
Bathrooms :8
Fuel :Gas
Approx Square Footage :5000 + sqft
Fireplace/Stove :No

Exterior Information

Exterior Finish :Brick, Stucco (Plaster)
Parking Space :14
Basement :Partial Basement
Garage :Built-In

245 Mattawa Street, North Bay - Price History

2025-12

20 Dec, 2025

TREB #X12411450

Expired

$1500000.0

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  • 0
  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
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  • 6
  • 12
  • 18
  • 24
  • 30+
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