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Last Updated : 74 Days ago
245 Mattawa Street, North Bay, ON, West End
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245 Mattawa Street, North Bay MLS Number: X12411443

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

$1,500,000

Status: For Sale

  • Property Type: Commercial (Investment)
  • Property Taxes : $15533.0 (Tax Year:2025)
  • 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 :Commercial
MLS Number :X12411443
Listing Type :Sale
Property Age :51-99 Years
Possession Date :
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Last Updated :21 Sep, 2025 (74 Days ago)
Source :Toronto Regional Real Estate Board
Area :Nipissing
Postal Code : P1B 4M2
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245 Mattawa Street Property Price & Tax Insights

Price : $1,500,000
Property Taxes :$15533.0
Tax Year :2025

245 Mattawa Street, North Bay Property Details

Air Conditioning :No
Heating :Gas Hot Water
Cross Street :Main St. West
Fireplace/Stove :No

245 Mattawa Street, North Bay - Price History

2025-09

18 Sep, 2025

TREB #X12411443

Listed

$1500000.0

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245 Mattawa Street - Location Map and Landmarks

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FAQs: 245 Mattawa Street, North Bay

  • Q: Does this Project 245 Mattawa Street available for Sale ?

    A: The project 245 Mattawa Street is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 245 Mattawa Street is Offering?

    A:Square Yards is giving a Cashback of $7,500 if you buy this property from us, however there are several key features offered by the 245 Mattawa Street. You get + Beds with Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 245 Mattawa Street, Nipissing?

    A: 245 Mattawa Street, Nipissing comes with + Beds for maximum convenience and space. There are baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Nipissing, On?

    A:Nipissing, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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