668 Lakeshore Drive North Bay, Ontario P1A 2G2
$489,900
Positioned in the highly accessible West Ferris neighbourhood of North Bay off Lakeshore Drive, this purpose-built multi-residential investment property presents a compelling opportunity for investors seeking stable income potential in a prime waterfront-adjacent location. This raised brick bungalow comprises five self-contained units, including 1 one bedroom unit and 4 bachelor units. Ideally situated directly across from Lake Nipissing and along Jessup Creek, this property is zoned for a 5-plex as well as C7 offering a multitude of conversions including short-term rental. Just minutes along Lakeshore Drive, residents enjoy close proximity to shopping, restaurants, recreational facilities, transit routes, and public beach access, further enhancing long-term rental desirability. Set on a generous 51.84 FT x 100 FT lot, the property also offers ample on-site parking - a valuable asset for multi-unit residential holdings. With its strong location fundamentals, this is an exceptional opportunity to expand or strengthen a real estate investment portfolio. (id:61445)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X13211498 |
| Property Type | Multi-family |
| Community Name | Ferris |
| AmenitiesNearBy | Public Transit |
| EquipmentType | Water Heater |
| Features | Irregular Lot Size, Conservation/green Belt |
| ParkingSpaceTotal | 10 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 5 |
| Age | 51 To 99 Years |
| CoolingType | None |
| HeatingType | Baseboard Heaters |
| SizeInterior | 2098 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| SizeDepth | 100 Ft |
| SizeFrontage | 51 Ft ,10 In |
| SizeIrregular | 0.1729 |
| SizeTotal | 0.1729 Ac |
| SizeTotalText | 0.1729 Ac |
| ZoningDescription | Rm1 Sp.154, C7 |
https://www.realtor.ca/real-estate/29821858/668-lakeshore-drive-north-bay-ferris-ferris
Interested?
Contact us for more information
Jessica Diggles
Broker
138 Main Street West
North Bay, Ontario P1B 2T5
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June 09 2026 08:37:02
Revel Realty Inc. Brokerage