$2,899,900
( $141.46Per Sq Foot )
 $15,567 est/mo Sourced by Back At You

221 Algonquin Avenue,North Bay, ON P1B 4V8

North Bay, ON P1B 4V8

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Description

This well-positioned multi-use property offers an attractive combination of residential and commercial income potential. The building features 18 one-bedroom apartments and 4 commercial spaces, providing a diverse tenant mix and multiple revenue streams. Located at a highly visible downtown intersection, the property is C-1 zoned and offers excellent exposure. Select residential units feature water views, with North Bay's scenic waterfront and downtown amenities just moments away. Additional features include approximately 25 parking spaces, three sets of new cashless digital operated washers and dryers under lease agreement with Sparkle solutions , and a hot water boiler heating system updated in 2011. The membrane roof coverings were updated in 2012. A Phase 1 environmental report, survey, income and expense statements, and additional supporting documentation are available through the listing brokerage. An excellent opportunity for investors seeking a substantial mixed-use asset with existing income, additional upside potential, flexible commercial opportunities, and a prime downtown location.

Details

MLS #X13739056
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site56
Listing Provided ByEXP REALTY | X13739056 285416

Features

SQ Feet20,500
Acreage0.47

Interior

CoolingYes

Exterior

Security FeaturesYes

Utilities

UtilitiesYes

Taxes

Tax Annual Amount29465
Tax TypeAnnual
Tax Legal DescriptionLT 19-21 PL 13 WIDDIFIELD; PT LT 18 PL 13 WIDDIFIELD AS IN NB149345; NORTH BAY ; DISTRICT OF NIPISSING
Tax Year2026

Area Information

ProvinceON
CountyNipissing
CityNorth Bay
Postal CodeP1B 4V8
AreaCentral
Listing VS Median (in P1B 4V8)
Price:
$2,899,900
low | high
Med:
$2,899,900
50% of Average
sqft:
20,500
low | high
Med:
20,500
50% of Average
$ / sqft:
$141
low | high
Med:
$141
50% of Average
On site:
56
low | high
Med:
56
100% of Average
Sourced by Back At You

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Additional Information

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Learn More About This Property

SUSAN THEMELKOS

SUSAN THEMELKOS

Coldwell Banker The Real Estate Centre

 (416) 456-2167sthemelkos@me.com
ProvinceON
CountyNipissing
CityNorth Bay
Postal CodeP1B 4V8
AreaCentral
Listing VS Median (in P1B 4V8)
Price:
$2,899,900
low | high
Med:
$2,899,900
50% of Average
sqft:
20,500
low | high
Med:
20,500
50% of Average
$ / sqft:
$141
low | high
Med:
$141
50% of Average
On site:
56
low | high
Med:
56
100% of Average
Sourced by Back At You
Listing Updated: September 30, 2026 at 12:42:26 AM PDT

SUSAN THEMELKOS - Coldwell Banker The Real Estate Centre