745 Morin Street, North Bay, ON P1B 5S1
North Bay, ON P1B 5S1
About this property
Pride of ownership is evident throughout this meticulously maintained purpose-built triplex, offering investors a true turnkey opportunity with strong, reliable returns. Extensively updated over the years, this high-performing income property features two spacious 3-bedroom units and one 2-bedroom unit, along with shared coin-operated laundry that provides additional income. The building is fully occupied and has been operated as a non-smoking, pet-free property. With an excellent unit mix, on-site parking, private balconies, tenant storage, separate hydro meters, and minimal maintenance requirements, this property is well-positioned for continued long-term success. Currently generating approximately $86,400 in gross annual income and an estimated net operating income of $58,149 it , represents a solid addition to any investment portfolio. Detailed income and expense information are available to qualified buyers upon request. Roof has recently been re-shingled 2026.
Property facts & features
- Property type
- Triplex
- MLS® number
- X13501156
- Source status
- New
- Bedrooms
- 8
- Bathrooms
- 3
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- P1B 5S1
- Parking spaces
- 4
- Garage
- None
- Lot depth (source units)
- 125
- Annual property tax
- 5221
- Basement
- Finished, Full
- Laundry
- Not provided
- Interior features
- Floor Drain, Separate Hydro Meter, Water Meter
- Exterior features
- Year Round Living, Deck
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $1,110,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in North Bay →Listing brokerage: Royal LePage Northern Life Realty, Brokerage. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13501156. Information deemed reliable but not guaranteed.