Property Description

Prime Investment Opportunity! With robust rental income and a solid 8% CAP rate, this property is a strong investment option. This exceptional 12-unit income property is situated in a highly sought-after area, conveniently located on a public transportation route and just minutes from both the college and university. The building features a diverse mix of units, including 1 bachelor unit, 6 one-bedroom units, and 5 two-bedroom units, all complemented by ample on-site parking. The surrounding neighborhood offers a full range of amenities, from schools and parks, to restaurants and shopping centers, ensuring a high demand for rentals. The bachelor unit is currently undergoing renovations and will soon be completed, further enhancing the property’s appeal. A comprehensive Buyer’s Package is available for qualified buyers upon request.

Features
: Radiant
: None
: Y
Address Map
CA
Ontario
North Bay
P1B 3W2
CLARENCE
850
0
E0° 0' 0''
N0° 0' 0''
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REALTY EXECUTIVES Local Group Inc. Brokerage
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2024-11-23 13:16:41.0
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Investment For Sale

850 CLARENCE St, North Bay, Ontario P1B 3W2

  • Area: 9,600 Sqft
  • Visits : 1
$1,650,000
Listing ID#X10708106
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Basic Details
Property Type : Investment
Listing Type : For Sale
Listing ID : X10708106
Price : $1,650,000
Area : 9,600 Sqft
Year Built : 0
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Firas Al-Rifay
Ontario Real Estate @JDF Realty.LTD Brokerage
Ontario Real Estate @JDF Realty.LTD Brokerage
999 Edgeley Blvd. Units 5-6 Vaughan, Ontario, Canada L4K 4R7
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