416 First AVE W, North Bay, ON P1B 3C4
416 First AVE W, North Bay, ON P1B 3C4
416 First AVE W, North Bay, ON P1B 3C4
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$309,000
Est. payment /mo
5 Beds
2 Baths
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Central

MLS Listing ID X13719640

Style 3-Storey

Bedrooms 5

Annual Tax Amount $3,872

Tax Year 2025

Property Sub-Type Duplex

Property Description

Thinking about buying your first home but worried about the mortgage? This could be a great opportunity to make homeownership more affordable. Priced at just $309,000, this charming 1920s legal duplex offers a two-bedroom, one-bathroom main-floor living space with a family room and kitchen, plus a separate upper-level two-bedroom apartment with its own kitchen and bathroom. The idea is simple: live comfortably on the main floor and rent out the upper unit to help offset your mortgage payment. The property also offers a large, mostly unfinished basement with plenty of space for storage or future possibilities. For a first-time buyer, this is more than just a house-it's an opportunity to have a mortgage helper, build equity, and potentially make the cost of owning a home much more manageable than renting. At $309,000, this is definitely one worth taking a closer look at.

Location

Province ON

County Nipissing

Area Nipissing

Zoning RM1

Rooms

Family Room Yes

Basement Partially Finished

Kitchen 2

Interior

Interior Features Carpet Free, Primary Bedroom - Main Floor, Water Heater Owned, In-Law Suite

Cooling None

Fireplaces Type Other

Inclusions Stove (x2), Fridge (x2), Dishwasher, Washer and Dryer - Everything AS IS

Exterior

Exterior Feature Deck, Porch

Pool None

Roof Type Asphalt Shingle

Lot Frontage 33.0

Lot Depth 154.44

Total Parking Spaces 1

Building

Building Age 100+

Foundation Block

Others

Senior Community No

ParcelsYN Yes


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Listed by Revel Realty Inc. Brokerage

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Jen Scholte

Jen Scholte

+1(705) 444-4949

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416 First AVE W