745 Morin Street, North Bay, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Central. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,110,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 8 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 50 x 125 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Floor Drain, Separate Hydro Meter, Water Meter
- Efficient radiant heating via gas
Description
Pride of ownership is evident throughout this meticulously maintained purpose-built triplex, offering investors a true turnkey opportunity with strong, reliable returns. Extensively updated over the years, this high-performing income property features two spacious 3-bedroom units and one 2-bedroom unit, along with shared coin-operated laundry that provides additional income. The building is fully occupied and has been operated as a non-smoking, pet-free property. With an excellent unit mix, on-site parking, private balconies, tenant storage, separate hydro meters, and minimal maintenance requirements, this property is well-positioned for continued long-term success. Currently generating approximately $86,400 in gross annual income and an estimated net operating income of $58,149 it , represents a solid addition to any investment portfolio. Detailed income and expense information are available to qualified buyers upon request. Roof has recently been re-shingled.
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Property Summary
This triplex located at 745 Morin Street, North Bay is currently for sale and has been available on SousaSells for 61 days. This property is listed at $1,110,000 with an estimated mortgage of $3,695* per month. It has 8 beds, 3 bathrooms, and is 2500-3000 square feet. 745 Morin Street, North Bay is in the Central neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 8 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Central, North Bay.
- •8 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •2500-3000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Central, North Bay.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Floor Drain
- Separate Hydro Meter
- Water Meter
Security Features
- Smoke Detector
- Carbon Monoxide Detectors
Community Features
None listed
Frequently Asked Questions about 745 Morin Street, North Bay, ON
Q.What is the asking price for 745 Morin Street, North Bay, ON ?
The current listing price for 745 Morin Street, North Bay, ON in Central, North Bay is $1,110,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 8 bedrooms and 3 bathrooms across approximately 2500-3000 sqft.
Q.What property type and architectural style is 745 Morin Street, North Bay, ON ?
745 Morin Street, North Bay, ON is a Triplex (2-Storey) featuring a Finished, Full basement.
Q.What interior features are included in this home?
Interior highlights include: Floor Drain, Separate Hydro Meter, Water Meter.
Q.What security features are installed at 745 Morin Street, North Bay, ON ?
Security features include: Smoke Detector, Carbon Monoxide Detectors.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Central, North Bay
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 745 Morin Street, North Bay, ON P1B 5S1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in North Bay, ON
For a property listed at $1,110,000 in North Bay, the legal minimum down payment is $222,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $18,675 for this transaction. As this listing is in North Bay (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $18,675.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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