12 Mowat Crescent North Bay, Ontario P1A 1R5

$899,900

Welcome to 12 Mowat Crescent, a high-performing waterfront asset on the shores of Lake Nipissing in North Bay, for investors seeking cash flow and upside. This C7-zoned property offers maximum flexibility with a layout ideally suited for multi-unit income. Configured across two levels, the property features two full kitchens, separate living spaces, five total bedrooms, two bathrooms, and dual laundry-an ideal setup for duplex conversion, short-term rental (Airbnb), or hybrid income strategies. The main level delivers strong tenant appeal with open-concept living and direct walkout to a large waterfront patio, while the upper level captures premium lake views and can operate independently, maximizing rental potential across both units. This separation can allow investors to generate multiple income streams from a single asset. Positioned on sought-after Lake Nipissing, the property is primed for both long-term tenancy and high-demand short-term rentals, driven by year-round tourism, waterfront lifestyle demand, and limited inventory. The zoning removes barriers, unlocking options for Airbnb, multi-residential use, or live-and-rent strategies. Whether you're targeting strong monthly cash flow, seasonal premium rents, or long-term appreciation, 12 Mowat Crescent checks every box: location, zoning, layout, and scalability. (id:61445)

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https://www.realtor.ca/real-estate/29678245/12-mowat-crescent-north-bay-ferris-ferris