ON > North Bay > West End
North Bay, ON P1B 4M2,245 Mattawa ST
North Bay, ON P1B 4M2,245 Mattawa ST
North Bay, ON P1B 4M2,245 Mattawa ST
34
See all 34 photos
$1,500,000
Est. payment /mo
Save
Active

245 Mattawa ST North Bay, ON P1B 4M2

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
14
Nov
Sat
15
Nov
Sun
16
Nov
Jasmine Lee

Jasmine Lee

+1(416) 875-4880

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision West End

MLS Listing ID X12411443

Annual Tax Amount $15,533

Tax Year 2025

Property Sub-Type Investment

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.

Location

Province ON

County Nipissing

Community West End

Area Nipissing

Zoning M2

Interior

Cooling No

Inclusions Carbon Monoxide Detector, Hot Water Tank Owned, Smoke Detector, 5 fridges, 5 stoves, 4 built in all in one laundry machines

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Lot Frontage 164.7

Lot Depth 37.03

Building

Building Age 51-99

Others

Security Features No

ParcelsYN No

Listed by REALTY EXECUTIVES Local Group Inc. Brokerage
Filters Reset
Save Snapshot
View Results
MARKET SNAPSHOT
(OCT 15, 2025 - NOV 14, 2025)
  • ?
    Sold Listings
  • ?
    Average Sales Price
  • ?
    Average Days on Market

GET MORE INFORMATION

Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Get JLT - Powered by eXp Realty Brokerage, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

245 Mattawa ST

QUICK SEARCH FOR HOMES